GREAT FALLS Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Great Falls averaged
6.48%
for the week of 2025-06-26, compared to the national average of
6.77% for the same period.
The average rate for the prior week (2025-06-18) was
6.52% and
one month ago for the week of 2025-05-22, the
average rate was 6.57%.
Great Falls's average rate one year ago was 6.78%.
For refis of the same type during the week of 2025-06-26, the average rate
was 7.17%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-06-26 | 6.77% |
| Great Falls 30 Year Fixed Rate | 2025-06-26 | 6.48% |
| Great Falls 30 Year Fixed Rate Refi | 2025-06-26 | 7.17% |
| Great Falls 15 Year Fixed Rate | 2025-06-26 | 5.79% |
| Great Falls 15 Year Fixed Rate Refi | 2025-06-26 | 5.89% |
| Great Falls 30 Year FHA | 2025-06-26 | 6.17% |
| Great Falls 30 Year FHA Refi | 2025-06-26 | 6.49% |
| Great Falls 30 Year USDA | 2025-06-26 | 6.66% |
| Great Falls 30 Year USDA Refi | 2025-06-26 | 6.36% |
| Great Falls 30 Year VA | 2025-06-26 | 6.25% |
| Great Falls 30 Year VA Refi | 2025-06-26 | 5.8% |
GREAT FALLS 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 GREAT FALLS, 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.).
GREAT FALLS Average Closing Costs & Other Stats
GREAT FALLS, MT's 71 lenders originated 1,693
loans during 2024. The total origination value was $450,445,000, with an average loan value of
$266,063.
GREAT FALLS's average closing costs are $5,936.
The top GREAT FALLS lender as defined by loan originations is Stockman Bank of Montana, with
105 loans originated. Their average total fees are
$6,863, which is $1,395
higher than the next largest lender,
Opportunity Bank of Montana.
The lowest fee GREAT FALLS lenders (with over 10 loans originated) are
S1L, Inc. ($5,295), Opportunity Bank of Montana ($5,469), UNITED WHOLESALE MORTGAGE, LLC ($5,671), GUARANTEED RATE, INC. ($6,446) and FAIRWAY INDEPENDENT MORTGAGE CORPORATION ($6,655).
The lowest rate GREAT FALLS lenders (with over 10 loans originated) are
Opportunity Bank of Montana (6.33%), S1L, Inc. (6.54%), UNITED WHOLESALE MORTGAGE, LLC (6.57%), Stockman Bank of Montana (6.62%) and QUICKEN LOANS, LLC (6.65%).
GREAT FALLS, 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 |
|---|---|---|---|---|
| Stockman Bank of Montana | $83,585,000 | $113,675,000 | 36.0% | 25.2% |
| Opportunity Bank of Montana | $33,885,000 | $51,180,000 | 51.0% | 11.4% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $31,400,000 | $27,625,000 | -12.0% | 6.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $5,125,000 | $20,755,000 | 305.0% | 4.6% |
| Mortgage Research Center, LLC | $13,155,000 | $19,925,000 | 51.5% | 4.4% |
| QUICKEN LOANS, LLC | $10,505,000 | $16,345,000 | 55.6% | 3.6% |
| GUARANTEED RATE, INC. | $18,390,000 | $16,205,000 | -11.9% | 3.6% |
| Montana Federal Credit Union | $10,255,000 | $11,210,000 | 9.3% | 2.5% |
| Glacier Bank | $23,275,000 | $11,175,000 | -52.0% | 2.5% |
| FREEDOM MORTGAGE CORPORATION | $3,665,000 | $10,350,000 | 182.4% | 2.3% |
| American Bank Center | $10,370,000 | $8,395,000 | -19.0% | 1.9% |
| S1L, Inc. | $6,495,000 | n/a | 1.4% | |
| U.S. Bank | $7,100,000 | $5,810,000 | -18.2% | 1.3% |
| First Interstate Bank | $4,185,000 | $5,725,000 | 36.8% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $4,950,000 | $5,500,000 | 11.1% | 1.2% |
| Citizens Alliance Bank | $8,290,000 | $5,415,000 | -34.7% | 1.2% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $5,370,000 | n/a | 1.2% | |
| NAVY FEDERAL CREDIT UNION | $5,375,000 | $5,295,000 | -1.5% | 1.2% |
| Flagstar Bank, FSB | $5,320,000 | $4,905,000 | -7.8% | 1.1% |
| USAA Federal Savings Bank | $3,340,000 | $4,700,000 | 40.7% | 1.0% |
| LAKEVIEW LOAN SERVICING, LLC | $940,000 | $4,115,000 | 337.8% | 0.9% |
| RUSSELL COUNTRY FCU | $2,055,000 | $3,820,000 | 85.9% | 0.8% |
| MORTGAGE 1 INCORPORATED | $4,855,000 | $3,625,000 | -25.3% | 0.8% |
| The Huntington National Bank | $545,000 | $3,380,000 | 520.2% | 0.8% |
| Belt Valley Bank | $5,725,000 | $3,360,000 | -41.3% | 0.7% |
| Century Mortgage Company DBA Century Lending Company | $3,230,000 | n/a | 0.7% | |
| NEW DAY FINANCIAL, LLC | $1,575,000 | $2,430,000 | 54.3% | 0.5% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $1,055,000 | $2,380,000 | 125.6% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $880,000 | $2,240,000 | 154.5% | 0.5% |
| LOANDEPOT.COM, LLC | $990,000 | $2,200,000 | 122.2% | 0.5% |
| HORIZON | $2,065,000 | $1,870,000 | -9.4% | 0.4% |
| Wells Fargo Bank | $2,495,000 | $1,780,000 | -28.7% | 0.4% |
| The Federal Savings Bank | $1,330,000 | $1,775,000 | 33.5% | 0.4% |
| CLEARWATER Federal Credit Union | $2,210,000 | $1,575,000 | -28.7% | 0.3% |
| PNC Bank | $1,565,000 | n/a | 0.3% | |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $1,565,000 | n/a | 0.3% | |
| Bank of America | $640,000 | $1,545,000 | 141.4% | 0.3% |
| First American Bank and Trust Company | $1,505,000 | n/a | 0.3% | |
| First Federal Bank | $1,435,000 | n/a | 0.3% | |
| MOUNTAIN AMERICA | $1,425,000 | n/a | 0.3% | |
| Mr. Cooper ( Nationstar Mortgage ) | $2,265,000 | $1,255,000 | -44.6% | 0.3% |
| NEWREZ LLC | $250,000 | $1,230,000 | 392.0% | 0.3% |
| 1ST LIBERTY FCU | $1,155,000 | n/a | 0.3% | |
| CLEARPATH LENDING | $1,140,000 | n/a | 0.3% | |
| GUILD MORTGAGE COMPANY | $2,110,000 | $1,135,000 | -46.2% | 0.3% |
| CMG MORTGAGE, INC. | $265,000 | $1,085,000 | 309.4% | 0.2% |
| NBKC BANK | $575,000 | $1,050,000 | 82.6% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $645,000 | $995,000 | 54.3% | 0.2% |
| FCB Banks | $955,000 | n/a | 0.2% | |
| HOMESIDE FINANCIAL, LLC | $115,000 | $915,000 | 695.7% | 0.2% |
| Morgan Stanley Private Bank | $885,000 | n/a | 0.2% | |
| PENTAGON FEDERAL CREDIT UNION | $285,000 | $865,000 | 203.5% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $125,000 | $810,000 | 548.0% | 0.2% |
| ZILLOW HOME LOANS, LLC | $855,000 | $805,000 | -5.8% | 0.2% |
| BROKER SOLUTIONS, INC. | $2,065,000 | $785,000 | -62.0% | 0.2% |
| DOMINION FINANCIAL SERVICES, LLC | $205,000 | $755,000 | 268.3% | 0.2% |
| Figure Lending LLC | $450,000 | $745,000 | 65.6% | 0.2% |
| CORNERSTONE HOME LENDING, INC. | $155,000 | $685,000 | 341.9% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $1,430,000 | $685,000 | -52.1% | 0.2% |
| VILLAGE CAPITAL MORTGAGE | $550,000 | $650,000 | 18.2% | 0.1% |
| PLANET HOME LENDING, LLC | $605,000 | n/a | 0.1% | |
| Paramount Residential Mortgage Group, Inc. | $1,190,000 | $570,000 | -52.1% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $275,000 | $550,000 | 100.0% | 0.1% |
| FIRST COLONY MORTGAGE CORPORATION | $315,000 | $505,000 | 60.3% | 0.1% |
| American Mortgage & Equity Consultants, Inc. | $500,000 | n/a | 0.1% | |
| VERITAS FUNDING, LLC | $480,000 | n/a | 0.1% | |
| CHURCHILL MORTGAGE CORPORATION | $1,305,000 | $450,000 | -65.5% | 0.1% |
| Stifel Bank and Trust | $225,000 | $450,000 | 100.0% | 0.1% |
| FIDELITY BANK | $445,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $440,000 | n/a | 0.1% | |
| VALLEY FINANCIAL CREDIT UNION | $425,000 | n/a | 0.1% | |
| CALCON MUTUAL MORTGAGE LLC | $1,280,000 | $415,000 | -67.6% | 0.1% |
| Bell Bank | $405,000 | n/a | 0.1% | |
| 21ST MORTGAGE CORPORATION | $55,000 | $400,000 | 627.3% | 0.1% |
| NBH Bank | $395,000 | n/a | 0.1% | |
| Willamette Valley Bank | $205,000 | $395,000 | 92.7% | 0.1% |
| PREMIA MORTGAGE, LLC | $275,000 | $385,000 | 40.0% | 0.1% |
| AmeriHome Mortgage Company, LLC | $375,000 | n/a | 0.1% | |
| AUGUSTA FINANCIAL, INC. | $365,000 | n/a | 0.1% | |
| Discover Bank | $155,000 | $365,000 | 135.5% | 0.1% |
| SIRVA MORTGAGE, INC. | $365,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $355,000 | n/a | 0.1% | |
| UNION HOME MORTGAGE CORP. | $1,525,000 | $355,000 | -76.7% | 0.1% |
| The Loan Store, Inc. | $345,000 | n/a | 0.1% | |
| LAND HOME FINANCIAL SERVICES, INC. | $335,000 | n/a | 0.1% | |
| Magnolia Bank | $335,000 | n/a | 0.1% | |
| MEGASTAR FINANCIAL CORP. | $335,000 | n/a | 0.1% | |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $245,000 | $335,000 | 36.7% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $325,000 | n/a | 0.1% | |
| CANOPY MORTGAGE, LLC | $325,000 | n/a | 0.1% | |
| POINT Mortgage | $325,000 | n/a | 0.1% | |
| MID AMERICA MORTGAGE, INC. | $165,000 | $315,000 | 90.9% | 0.1% |
| MOVEMENT MORTGAGE, LLC | $1,280,000 | $310,000 | -75.8% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $305,000 | n/a | 0.1% | |
| Network Funding, L.P. | $305,000 | n/a | 0.1% | |
| A&D Mortgage LLC | $295,000 | n/a | 0.1% | |
| M&T Bank | $615,000 | $285,000 | -53.7% | 0.1% |
| North American Savings Bank, F.S.B. | $285,000 | n/a | 0.1% | |
| Umpqua Bank | $285,000 | n/a | 0.1% | |
| LONGBRIDGE FINANCIAL, LLC | $275,000 | n/a | 0.1% | |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $405,000 | $270,000 | -33.3% | 0.1% |
| First Reliance Bank | $265,000 | n/a | 0.1% | |
| Northwest Farm Credit Services, FLCA | $520,000 | $255,000 | -51.0% | 0.1% |
| Carrington Mortgage Services, LLC | $590,000 | $240,000 | -59.3% | 0.1% |
| Altana Federal Credit Union | $235,000 | n/a | 0.1% | |
| JPMorgan Chase Bank | $700,000 | $235,000 | -66.4% | 0.1% |
| SPRING EQ, LLC | $45,000 | $220,000 | 388.9% | 0.0% |
| Citibank | $215,000 | n/a | 0.0% | |
| BETTER MORTGAGE CORPORATION | $360,000 | $195,000 | -45.8% | 0.0% |
| RESIDENTIAL BANCORP | $195,000 | n/a | 0.0% | |
| ENVOY MORTGAGE, LTD | $185,000 | n/a | 0.0% | |
| DEEPHAVEN MORTGAGE LLC | $175,000 | n/a | 0.0% | |
| Nations Lending Corporation | $255,000 | $175,000 | -31.4% | 0.0% |
| TRIAD FINANCIAL SERVICES, INC. | $25,000 | $160,000 | 540.0% | 0.0% |
| Citizens Bank | $325,000 | $155,000 | -52.3% | 0.0% |
| PHH Mortgage Corporation | $145,000 | n/a | 0.0% | |
| AMERICAN FINANCIAL RESOURCES, INC. | $135,000 | n/a | 0.0% | |
| AMERICAN FINANCING CORPORATION | $650,000 | $105,000 | -83.8% | 0.0% |
| HOMEXPRESS MORTGAGE CORP. | $525,000 | $105,000 | -80.0% | 0.0% |
GREAT FALLS's top lender by overall market share is Stockman Bank of Montana, with 25.2% market share. In second place, with 11.4%, is Opportunity Bank of Montana, having originated $51,180,000 in loans. In third place, with 6.1%, is FAIRWAY INDEPENDENT MORTGAGE CORPORATION, having originated $27,625,000 in loans. In fourth place, with 4.6%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $20,755,000 in loans. In fifth place, with 4.4%, is Mortgage Research Center, LLC, having originated $19,925,000 in loans.
GREAT FALLS, MT Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 958 | $319,320,000 | $333,319 |
| Cash Out Refi | 230 | $46,120,000 | $200,522 |
| Refi | 223 | $60,755,000 | $272,444 |
| Other | 149 | $14,345,000 | $96,275 |
| Home Improvement | 133 | $9,905,000 | $74,474 |
Great Falls's most frequently cited loan purpose was Home Purchase, with 958 originations. The 2nd most popular reason was Cash Out Refi, with 230 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 631 | $215,145,000 | $340,959 |
| 5-6% | 410 | $112,070,000 | $273,341 |
| Over 8% | 282 | $27,110,000 | $96,135 |
| 7-8% | 219 | $59,125,000 | $269,977 |
| 4-5% | 40 | $9,420,000 | $235,500 |
| <2.5% | 8 | $1,480,000 | $185,000 |
| 3-4% | 3 | $635,000 | $211,667 |
| 2.5-3% | 1 | $235,000 | $235,000 |
During 2024, Great Falls's most frequently originated rate bucket was 6-7%, with 631 originations.
Loan Sizing (GREAT FALLS, MT MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 765 | $221,895,000 | $290,059 |
| $100,000 or less | 412 | $21,040,000 | $51,068 |
| $100k-200k | 292 | $42,940,000 | $147,055 |
| $400k-600k | 168 | $79,240,000 | $471,667 |
| $600k-1000k | 47 | $33,505,000 | $712,872 |
| $Over $1MM | 9 | $51,825,000 | $5,758,333 |
GREAT FALLS's loan sizing saw the bucket of loans from $200k-400k with 765 originations, totaling $221,895,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 575 | $187,695,000 | $326,426 |
| Under 20% | 293 | $14,885,000 | $50,802 |
| 60-80% | 277 | $92,865,000 | $335,253 |
| 20-40% | 185 | $21,565,000 | $116,568 |
| 40-60% | 126 | $60,690,000 | $481,667 |
| Over 100% | 96 | $35,440,000 | $369,167 |
GREAT FALLS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 575 originations, totaling $187,695,000 in origination value.