Butte - Silver Bow Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Butte - Silver Bow averaged
6.88%
for the week of 2025-06-18, compared to the national average of
6.81% for the same period.
The average rate for the prior week (2025-06-12) was
6.71% and
one month ago for the week of 2025-05-15, the
average rate was 6.68%.
Butte - Silver Bow's average rate one year ago was 7.22%.
For refis of the same type during the week of 2025-06-18, the average rate
was 6.91%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-18 | 6.81% |
| Butte - Silver Bow 30 Year Fixed Rate | 2025-06-18 | 6.88% |
| Butte - Silver Bow 30 Year Fixed Rate Refi | 2025-06-18 | 6.91% |
| Butte - Silver Bow 15 Year Fixed Rate | 2025-06-18 | 5.86% |
| Butte - Silver Bow 15 Year Fixed Rate Refi | 2025-06-18 | 5.86% |
| Butte - Silver Bow 30 Year FHA | 2025-06-18 | -0.44% |
| Butte - Silver Bow 30 Year FHA Refi | 2025-06-18 | 0.1% |
| Butte - Silver Bow 30 Year USDA | 2025-06-18 | -0.2% |
| Butte - Silver Bow 30 Year USDA Refi | 2025-06-18 | 0.2% |
| Butte - Silver Bow 30 Year VA | 2025-06-18 | -0.1% |
| Butte - Silver Bow 30 Year VA Refi | 2025-06-18 | -0.1% |
Butte - Silver Bow Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Butte-Silver Bow, MT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Butte - Silver Bow Average Closing Costs & Other Stats
Butte-Silver Bow, MT's 47 lenders originated 686
loans during 2024. The total origination value was $149,320,000, with an average loan value of
$217,668.
Butte - Silver Bow's average closing costs are $5,782.
The top Butte - Silver Bow lender as defined by loan originations is GUILD MORTGAGE COMPANY, with
57 loans originated. Their average total fees are
$7,540, which is $184
lower than the next largest lender,
QUICKEN LOANS, LLC.
The lowest fee Butte - Silver Bow lenders (with over 10 loans originated) are
Flagstar Bank, FSB ($5,209), Glacier Bank ($5,887), Ixonia Bank ($6,369), GUILD MORTGAGE COMPANY ($7,540) and QUICKEN LOANS, LLC ($7,724).
The lowest rate Butte - Silver Bow lenders (with over 10 loans originated) are
GUILD MORTGAGE COMPANY (6.51%), QUICKEN LOANS, LLC (6.65%), Flagstar Bank, FSB (6.73%), Glacier Bank (6.86%) and Ixonia Bank (7.07%).
Butte-Silver Bow, MT Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2023 Loan Value | 2024 Loan Value | % Change | 2024 Market Share |
|---|---|---|---|---|
| GUILD MORTGAGE COMPANY | $21,300,000 | $31,105,000 | 46.0% | 20.8% |
| QUICKEN LOANS, LLC | $10,860,000 | $14,585,000 | 34.3% | 9.8% |
| Glacier Bank | $10,480,000 | $10,795,000 | 3.0% | 7.2% |
| Ixonia Bank | $4,400,000 | $7,485,000 | 70.1% | 5.0% |
| Opportunity Bank of Montana | $7,690,000 | $7,210,000 | -6.2% | 4.8% |
| Mortgage Research Center, LLC | $2,900,000 | $7,020,000 | 142.1% | 4.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,935,000 | $5,530,000 | -6.8% | 3.7% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $3,700,000 | n/a | 2.5% | |
| Flagstar Bank, FSB | $2,355,000 | $3,565,000 | 51.4% | 2.4% |
| Stockman Bank of Montana | $3,030,000 | $3,275,000 | 8.1% | 2.2% |
| Prosperity Home Mortgage, LLC | $4,050,000 | $3,155,000 | -22.1% | 2.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $740,000 | $2,490,000 | 236.5% | 1.7% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $6,335,000 | $2,300,000 | -63.7% | 1.5% |
| GUARANTEED RATE, INC. | $805,000 | $2,070,000 | 157.1% | 1.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $370,000 | $1,960,000 | 429.7% | 1.3% |
| U.S. Bank | $1,460,000 | $1,740,000 | 19.2% | 1.2% |
| HORIZON | $1,860,000 | $1,710,000 | -8.1% | 1.1% |
| FREEDOM MORTGAGE CORPORATION | $860,000 | $1,580,000 | 83.7% | 1.1% |
| JPMorgan Chase Bank | $1,580,000 | n/a | 1.1% | |
| ENVOY MORTGAGE, LTD | $1,380,000 | n/a | 0.9% | |
| Citizens Alliance Bank | $55,000 | $1,370,000 | 2,390.9% | 0.9% |
| USAA Federal Savings Bank | $1,140,000 | $1,285,000 | 12.7% | 0.9% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,020,000 | $1,280,000 | 25.5% | 0.9% |
| First Interstate Bank | $505,000 | $1,170,000 | 131.7% | 0.8% |
| Wells Fargo Bank | $930,000 | $1,150,000 | 23.7% | 0.8% |
| Plains Commerce Bank | $745,000 | $1,125,000 | 51.0% | 0.8% |
| First Montana Bank, Inc. | $2,260,000 | $1,070,000 | -52.7% | 0.7% |
| LOANDEPOT.COM, LLC | $850,000 | $1,040,000 | 22.4% | 0.7% |
| PENNYMAC LOAN SERVICES, LLC | $125,000 | $1,015,000 | 712.0% | 0.7% |
| BROKER SOLUTIONS, INC. | $660,000 | $915,000 | 38.6% | 0.6% |
| CHURCHILL MORTGAGE CORPORATION | $670,000 | $910,000 | 35.8% | 0.6% |
| LAKEVIEW LOAN SERVICING, LLC | $895,000 | $860,000 | -3.9% | 0.6% |
| Paramount Residential Mortgage Group, Inc. | $340,000 | $805,000 | 136.8% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $880,000 | $800,000 | -9.1% | 0.5% |
| Discover Bank | $245,000 | $790,000 | 222.4% | 0.5% |
| Idaho First Bank | $735,000 | n/a | 0.5% | |
| Equity Prime Mortgage LLC | $730,000 | n/a | 0.5% | |
| Century Mortgage Company DBA Century Lending Company | $205,000 | $720,000 | 251.2% | 0.5% |
| NEWREZ LLC | $710,000 | n/a | 0.5% | |
| VALLEY FINANCIAL CREDIT UNION | $710,000 | n/a | 0.5% | |
| S1L, Inc. | $670,000 | n/a | 0.4% | |
| NAVY FEDERAL CREDIT UNION | $900,000 | $665,000 | -26.1% | 0.4% |
| CMG MORTGAGE, INC. | $605,000 | $655,000 | 8.3% | 0.4% |
| American Mortgage & Equity Consultants, Inc. | $610,000 | n/a | 0.4% | |
| Carrington Mortgage Services, LLC | $135,000 | $560,000 | 314.8% | 0.4% |
| AXIA FINANCIAL, LLC | $535,000 | n/a | 0.4% | |
| The Loan Store, Inc. | $515,000 | n/a | 0.3% | |
| CORNERSTONE HOME LENDING, INC. | $630,000 | $500,000 | -20.6% | 0.3% |
| Barrington Bank & Trust Company, N.A. | $490,000 | n/a | 0.3% | |
| UNION HOME MORTGAGE CORP. | $490,000 | n/a | 0.3% | |
| NEW DAY FINANCIAL, LLC | $165,000 | $475,000 | 187.9% | 0.3% |
| AMERICAN FINANCIAL RESOURCES, INC. | $440,000 | n/a | 0.3% | |
| The Federal Savings Bank | $285,000 | $410,000 | 43.9% | 0.3% |
| Montana Federal Credit Union | $385,000 | n/a | 0.3% | |
| CARDINAL FINANCIAL | $460,000 | $375,000 | -18.5% | 0.3% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $345,000 | n/a | 0.2% | |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $325,000 | n/a | 0.2% | |
| BMO Harris Bank | $355,000 | $325,000 | -8.5% | 0.2% |
| Bank of America | $185,000 | $310,000 | 67.6% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $520,000 | $305,000 | -41.3% | 0.2% |
| Flanagan State Bank | $235,000 | $255,000 | 8.5% | 0.2% |
| GoPrime Mortgage, Inc. | $215,000 | $225,000 | 4.7% | 0.2% |
| MOUNTAIN AMERICA | $210,000 | n/a | 0.1% | |
| Figure Lending LLC | $165,000 | $195,000 | 18.2% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $195,000 | n/a | 0.1% | |
| Sierra Pacific Mortgage Company, Inc. | $195,000 | n/a | 0.1% | |
| Sunflower Bank | $305,000 | $195,000 | -36.1% | 0.1% |
| SPRING EQ, LLC | $190,000 | n/a | 0.1% | |
| TrailWest Bank | $400,000 | $185,000 | -53.8% | 0.1% |
| USAlliance Federal Credit Union | $185,000 | n/a | 0.1% | |
| MORTGAGE 1 INCORPORATED | $165,000 | n/a | 0.1% | |
| PHH Mortgage Corporation | $155,000 | n/a | 0.1% | |
| RELIANCE FIRST CAPITAL, LLC | $500,000 | $155,000 | -69.0% | 0.1% |
| FIRST COMMUNITY MORTGAGE, INC. | $145,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $145,000 | n/a | 0.1% | |
| ALAMEDA MORTGAGE CORPORATION | $135,000 | n/a | 0.1% | |
| TRIAD FINANCIAL SERVICES, INC. | $125,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $400,000 | $115,000 | -71.3% | 0.1% |
| RESIDENTIAL BANCORP | $110,000 | n/a | 0.1% | |
| FINANCE OF AMERICA REVERSE LLC | $760,000 | $105,000 | -86.2% | 0.1% |
| FOUNDATION MORTGAGE CORPORATION | $95,000 | n/a | 0.1% | |
| SECURITYNATIONAL MORTGAGE COMPANY | $85,000 | n/a | 0.1% | |
| KITSAP Credit Union | $75,000 | n/a | 0.1% | |
| Altana Federal Credit Union | $35,000 | n/a | 0.0% |
Butte - Silver Bow's top lender by overall market share is GUILD MORTGAGE COMPANY, with 20.8% market share. In second place, with 9.8%, is QUICKEN LOANS, LLC, having originated $14,585,000 in loans. In third place, with 7.2%, is Glacier Bank, having originated $10,795,000 in loans. In fourth place, with 5.0%, is Ixonia Bank, having originated $7,485,000 in loans. In fifth place, with 4.8%, is Opportunity Bank of Montana, having originated $7,210,000 in loans.
Butte-Silver Bow, MT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 402 | $103,750,000 | $258,085 |
| Cash Out Refi | 127 | $25,615,000 | $201,693 |
| Other | 60 | $5,640,000 | $94,000 |
| Refi | 51 | $10,715,000 | $210,098 |
| Home Improvement | 46 | $3,600,000 | $78,261 |
Butte - Silver Bow's most frequently cited loan purpose was Home Purchase, with 402 originations. The 2nd most popular reason was Cash Out Refi, with 127 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 281 | $75,545,000 | $268,843 |
| 5-6% | 133 | $32,565,000 | $244,850 |
| Over 8% | 124 | $12,120,000 | $97,742 |
| 7-8% | 97 | $22,145,000 | $228,299 |
| 4-5% | 15 | $1,605,000 | $107,000 |
| <2.5% | 11 | $555,000 | $50,455 |
| 3-4% | 1 | $105,000 | $105,000 |
During 2024, Butte - Silver Bow's most frequently originated rate bucket was 6-7%, with 281 originations.
Loan Sizing (Butte-Silver Bow, MT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 281 | $78,635,000 | $279,840 |
| $100k-200k | 185 | $28,015,000 | $151,432 |
| $100,000 or less | 153 | $7,775,000 | $50,817 |
| $400k-600k | 52 | $24,280,000 | $466,923 |
| $600k-1000k | 15 | $10,615,000 | $707,667 |
Butte - Silver Bow's loan sizing saw the bucket of loans from $200k-400k with 281 originations, totaling $78,635,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 258 | $77,750,000 | $301,357 |
| 60-80% | 146 | $35,470,000 | $242,945 |
| Under 20% | 100 | $4,280,000 | $42,800 |
| 20-40% | 77 | $9,345,000 | $121,364 |
| 40-60% | 65 | $13,475,000 | $207,308 |
| Over 100% | 9 | $2,265,000 | $251,667 |
Butte - Silver Bow's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 258 originations, totaling $77,750,000 in origination value.