GREAT FALLS Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

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%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within GREAT FALLS, MT.

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.).

Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
Stockman Bank of Montana 105 6.62% $6,863
Opportunity Bank of Montana 50 6.33% $5,469
QUICKEN LOANS, LLC 23 6.65% $8,175
GUARANTEED RATE, INC. 22 6.68% $6,446
UNITED WHOLESALE MORTGAGE, LLC 20 6.57% $5,671
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 20 6.68% $6,655
S1L, Inc. 10 6.54% $5,295
U.S. Bank 9 6.72% $4,276
MORTGAGE 1 INCORPORATED 7 7.32% $4,958
Wells Fargo Bank 6 6.63% $4,299
The Huntington National Bank 5 6.82% $5,729
LOANDEPOT.COM, LLC 4 6.90% $7,751
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 4 7.27% $6,519
NAVY FEDERAL CREDIT UNION 4 5.88% $4,866
CLEARWATER Federal Credit Union 4 6.28% $5,116
ZILLOW HOME LOANS, LLC 3 6.75% $4,622
Flagstar Bank, FSB 3 7.05% $10,346
PENNYMAC LOAN SERVICES, LLC 3 6.67% $4,827
HORIZON 3 7.25% $4,622
CHURCHILL MORTGAGE CORPORATION 2 6.63% $8,473
Stifel Bank and Trust 2 5.94% $2,571
CORNERSTONE HOME LENDING, INC. 2 7.06% $7,305
CROSSCOUNTRY MORTGAGE, LLC 2 7.04% $6,027
NBKC BANK 2 6.75% $2,923
USAA Federal Savings Bank 2 6.56% $9,324
Mortgage Research Center, LLC 2 6.81% $3,496
Mr. Cooper ( Nationstar Mortgage ) 2 7.13% $8,639
BROKER SOLUTIONS, INC. 2 7.25% $5,637
MUTUAL OF OMAHA MORTGAGE, INC. 2 7.31% $5,486
LAKEVIEW LOAN SERVICING, LLC 2 6.63% $6,080
PHH Mortgage Corporation 1 7.49% $4,645
PNC Bank 1 6.88% $5,805
POINT Mortgage 1 6.13% $8,001
PREMIA MORTGAGE, LLC 1 6.63% $5,038
PRIMELENDING, A PLAINSCAPITAL COMPANY 1 6.49% $2,753
REDWOOD RESIDENTIAL ACQUISITION CORPORATION 1 7.25% $19,509
SIRVA MORTGAGE, INC. 1 6.50% $2,471
A&D Mortgage LLC 1 6.88% $11,161
Umpqua Bank 1 6.88% $7,089
VALLEY FINANCIAL CREDIT UNION 1 5.49% $7,298
Willamette Valley Bank 1 7.00% $7,074
TRIAD FINANCIAL SERVICES, INC. 1 8.80% $4,838
Altana Federal Credit Union 1 6.38% $3,923
AMERICAN FINANCIAL RESOURCES, INC. 1 6.50% $3,061
AMERICAN FINANCING CORPORATION 1 5.38% $6,047
American Mortgage & Equity Consultants, Inc. 1 7.00% $8,721
AMERISAVE MORTGAGE CORPORATION 1 6.63% $14,699
Bank of America 1 5.13% $4,858
Bell Bank 1 6.13% $2,900
BETTER MORTGAGE CORPORATION 1 7.63% $1,799
Citibank 1 6.50% $4,014
Citizens Bank 1 6.38% $5,398
CMG MORTGAGE, INC. 1 6.99% $4,708
Discover Bank 1 7.54% $0
First Interstate Bank 1 6.50% $4,867
First Reliance Bank 1 6.38% $3,721
FREEDOM MORTGAGE CORPORATION 1 7.38% $11,076
Glacier Bank 1 7.13% $5,604
GUILD MORTGAGE COMPANY 1 6.50% $5,651
HOMEBRIDGE FINANCIAL SERVICES, INC. 1 6.50% $9,615
HOMESIDE FINANCIAL, LLC 1 6.50% $10,184
JPMorgan Chase Bank 1 6.88% $1,143
LAND HOME FINANCIAL SERVICES, INC. 1 6.63% $9,594
Morgan Stanley Private Bank 1 6.13% $3,826
MOUNTAIN AMERICA 1 6.63% $6,191
MOVEMENT MORTGAGE, LLC 1 6.50% $3,920
Nations Lending Corporation 1 6.38% $11,176
NEWREZ LLC 1 7.50% $6,051
Northwest Farm Credit Services, FLCA 1 6.15% $3,683
PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.99% $5,202
Paramount Residential Mortgage Group, Inc. 1 5.99% $7,016

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.