Montana Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Montana averaged
6.54%
for the week of 2025-04-03, compared to the national average of
6.64% for the same period.
The average rate for the prior week (2025-03-27) was
6.85% and
one month ago for the week of 2025-02-27, the
average rate was 6.76%.
Montana's average rate one year ago was 6.59%.
For refis of the same type during the week of 2025-04-03, the average rate
was 7.34%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2025-04-03 | 6.64% |
| Montana 30 Year Fixed Rate | 2025-04-03 | 6.54% |
| Montana 30 Year Fixed Rate Refi | 2025-04-03 | 7.34% |
| Montana 15 Year Fixed Rate | 2025-04-03 | 6.89% |
| Montana 15 Year Fixed Rate Refi | 2025-04-03 | 7.88% |
| Montana 30 Year FHA | 2025-04-03 | 5.8% |
| Montana 30 Year FHA Refi | 2025-04-03 | 5.61% |
| Montana 30 Year USDA | 2025-04-03 | 6% |
| Montana 30 Year USDA Refi | 2025-04-03 | 6.32% |
| Montana 30 Year VA | 2025-04-03 | 6.07% |
| Montana 30 Year VA Refi | 2025-04-03 | 5.36% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Montana.
Montana 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 Montana 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.).
Montana Average Closing Costs & Other Stats
Montana's 254 lenders originated 19,361
loans during 2024. The total origination value was $6,754,115,000, with an average loan value of
$348,852.
Montana's average closing costs are $6,232.
The top Montana lender as defined by loan originations is Stockman Bank of Montana, with
674 loans originated. Their average total fees are
$7,300, which is $1,214
lower than the next largest lender,
Glacier Bank.
The lowest fee Montana lenders (with over 10 loans originated) are
Stifel Bank and Trust ($3,443), PARK SIDE FINANCIAL ($3,821), NBKC BANK ($4,216), Mortgage Research Center, LLC ($4,282) and Morgan Stanley Private Bank ($4,488).
The lowest rate Montana lenders (with over 10 loans originated) are
VALLEY FINANCIAL CREDIT UNION (5.74%), Morgan Stanley Private Bank (5.95%), Charles Schwab Bank, SSB (6.03%), UBS Bank USA (6.09%) and Stifel Bank and Trust (6.14%).
Montana 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 | $497,360,000 | $561,780,000 | 13.0% | 8.3% |
| Glacier Bank | $551,620,000 | $521,425,000 | -5.5% | 7.7% |
| UNITED WHOLESALE MORTGAGE, LLC | $281,790,000 | $397,790,000 | 41.2% | 5.9% |
| Opportunity Bank of Montana | $410,435,000 | $269,880,000 | -34.2% | 4.0% |
| QUICKEN LOANS, LLC | $254,175,000 | $267,270,000 | 5.2% | 4.0% |
| CROSSCOUNTRY MORTGAGE, LLC | $176,105,000 | $235,865,000 | 33.9% | 3.5% |
| JPMorgan Chase Bank | $151,345,000 | $233,750,000 | 54.4% | 3.5% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | $3,545,000 | $218,270,000 | 6,057.1% | 3.2% |
| GUARANTEED RATE, INC. | $179,990,000 | $212,185,000 | 17.9% | 3.1% |
| U.S. Bank | $190,860,000 | $193,440,000 | 1.4% | 2.9% |
| Mortgage Research Center, LLC | $97,560,000 | $143,165,000 | 46.7% | 2.1% |
| First Interstate Bank | $188,645,000 | $131,180,000 | -30.5% | 1.9% |
| GUILD MORTGAGE COMPANY | $82,275,000 | $114,660,000 | 39.4% | 1.7% |
| PENNYMAC LOAN SERVICES, LLC | $44,470,000 | $87,930,000 | 97.7% | 1.3% |
| CBRE MULTIFAMILY CAPITAL, INC. | $19,365,000 | $85,925,000 | 343.7% | 1.3% |
| Century Mortgage Company DBA Century Lending Company | $42,810,000 | $85,790,000 | 100.4% | 1.3% |
| FREEDOM MORTGAGE CORPORATION | $24,575,000 | $78,120,000 | 217.9% | 1.2% |
| CORNERSTONE HOME LENDING, INC. | $74,600,000 | $72,510,000 | -2.8% | 1.1% |
| CMG MORTGAGE, INC. | $38,820,000 | $68,240,000 | 75.8% | 1.0% |
| Altana Federal Credit Union | $14,145,000 | $63,985,000 | 352.4% | 0.9% |
| VALLEY FINANCIAL CREDIT UNION | $23,825,000 | $62,540,000 | 162.5% | 0.9% |
| BERKADIA COMMERCIAL MORTGAGE LLC | $95,910,000 | $61,755,000 | -35.6% | 0.9% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $94,435,000 | $60,770,000 | -35.6% | 0.9% |
| The Yellowstone Bank | $50,340,000 | $59,050,000 | 17.3% | 0.9% |
| CHURCHILL MORTGAGE CORPORATION | $10,615,000 | $58,440,000 | 450.5% | 0.9% |
| TrailWest Bank | $51,920,000 | $56,405,000 | 8.6% | 0.8% |
| HOMESIDE FINANCIAL, LLC | $1,455,000 | $55,205,000 | 3,694.2% | 0.8% |
| Morgan Stanley Private Bank | $82,190,000 | $52,280,000 | -36.4% | 0.8% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $51,905,000 | $51,645,000 | -0.5% | 0.8% |
| UBS Bank USA | $44,230,000 | $49,585,000 | 12.1% | 0.7% |
| CLEARWATER Federal Credit Union | $41,855,000 | $49,345,000 | 17.9% | 0.7% |
| Flagstar Bank, FSB | $43,785,000 | $48,720,000 | 11.3% | 0.7% |
| Wells Fargo Bank | $61,720,000 | $48,145,000 | -22.0% | 0.7% |
| Plains Commerce Bank | $33,155,000 | $48,015,000 | 44.8% | 0.7% |
| NEWREZ LLC | $14,100,000 | $45,270,000 | 221.1% | 0.7% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $24,040,000 | $45,195,000 | 88.0% | 0.7% |
| Bank of America | $66,640,000 | $44,610,000 | -33.1% | 0.7% |
| ENVOY MORTGAGE, LTD | $19,755,000 | $42,800,000 | 116.7% | 0.6% |
| LOANDEPOT.COM, LLC | $25,645,000 | $41,410,000 | 61.5% | 0.6% |
| Prosperity Home Mortgage, LLC | $28,260,000 | $41,250,000 | 46.0% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $36,660,000 | $39,195,000 | 6.9% | 0.6% |
| CALCON MUTUAL MORTGAGE LLC | $23,555,000 | $38,055,000 | 61.6% | 0.6% |
| GoPrime Mortgage, Inc. | $31,430,000 | $35,625,000 | 13.3% | 0.5% |
| Barrington Bank & Trust Company, N.A. | $25,415,000 | $35,430,000 | 39.4% | 0.5% |
| USAA Federal Savings Bank | $29,285,000 | $31,265,000 | 6.8% | 0.5% |
| S1L, Inc. | $340,000 | $30,385,000 | 8,836.8% | 0.4% |
| UNION HOME MORTGAGE CORP. | $3,295,000 | $29,865,000 | 806.4% | 0.4% |
| Mr. Cooper ( Nationstar Mortgage ) | $18,490,000 | $29,545,000 | 59.8% | 0.4% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $37,045,000 | $27,030,000 | -27.0% | 0.4% |
| American Bank Center | $28,765,000 | $26,995,000 | -6.2% | 0.4% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $26,935,000 | n/a | 0.4% | |
| LAKEVIEW LOAN SERVICING, LLC | $6,660,000 | $23,300,000 | 249.8% | 0.3% |
| COLLIERS MORTGAGE LLC | $21,935,000 | n/a | 0.3% | |
| PNC Bank | $22,605,000 | $21,460,000 | -5.1% | 0.3% |
| BMO Harris Bank | $21,635,000 | $20,690,000 | -4.4% | 0.3% |
| MOUNTAIN AMERICA | $11,380,000 | $20,240,000 | 77.9% | 0.3% |
| BROKER SOLUTIONS, INC. | $14,195,000 | $19,970,000 | 40.7% | 0.3% |
| Paramount Residential Mortgage Group, Inc. | $9,945,000 | $19,920,000 | 100.3% | 0.3% |
| Stifel Bank and Trust | $24,450,000 | $19,170,000 | -21.6% | 0.3% |
| Citizens Alliance Bank | $15,745,000 | $18,140,000 | 15.2% | 0.3% |
| The Huntington National Bank | $15,325,000 | $16,395,000 | 7.0% | 0.2% |
| Charles Schwab Bank, SSB | $16,940,000 | $16,385,000 | -3.3% | 0.2% |
| Bell Bank | $2,875,000 | $16,075,000 | 459.1% | 0.2% |
| The Loan Store, Inc. | $15,965,000 | n/a | 0.2% | |
| Northwest Farm Credit Services, FLCA | $4,865,000 | $15,885,000 | 226.5% | 0.2% |
| WALKER & DUNLOP, LLC | $26,080,000 | $15,615,000 | -40.1% | 0.2% |
| NBKC BANK | $7,305,000 | $15,550,000 | 112.9% | 0.2% |
| BILLINGS | $5,890,000 | $15,395,000 | 161.4% | 0.2% |
| Servion, Inc. | $19,935,000 | $15,340,000 | -23.0% | 0.2% |
| Midwest Bank | $2,660,000 | $14,925,000 | 461.1% | 0.2% |
| NEW DAY FINANCIAL, LLC | $9,420,000 | $13,970,000 | 48.3% | 0.2% |
| Montana Federal Credit Union | $13,030,000 | $13,770,000 | 5.7% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $18,450,000 | $13,050,000 | -29.3% | 0.2% |
| Little Horn State Bank | $16,810,000 | $12,630,000 | -24.9% | 0.2% |
| MOVEMENT MORTGAGE, LLC | $12,575,000 | $12,600,000 | 0.2% | 0.2% |
| HORIZON | $11,790,000 | $12,405,000 | 5.2% | 0.2% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $3,095,000 | $12,080,000 | 290.3% | 0.2% |
| Flanagan State Bank | $15,190,000 | $11,965,000 | -21.2% | 0.2% |
| FINANCE OF AMERICA REVERSE LLC | $10,205,000 | $11,335,000 | 11.1% | 0.2% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $18,200,000 | $10,915,000 | -40.0% | 0.2% |
| Ixonia Bank | $10,330,000 | $10,880,000 | 5.3% | 0.2% |
| American Mortgage & Equity Consultants, Inc. | $6,940,000 | $10,820,000 | 55.9% | 0.2% |
| HomeStreet Bank | $14,180,000 | $10,515,000 | -25.8% | 0.2% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $6,490,000 | $10,070,000 | 55.2% | 0.1% |
| The Federal Savings Bank | $10,745,000 | $9,860,000 | -8.2% | 0.1% |
| Discover Bank | $8,335,000 | $9,825,000 | 17.9% | 0.1% |
| 21ST MORTGAGE CORPORATION | $10,110,000 | $9,675,000 | -4.3% | 0.1% |
| VILLAGE CAPITAL MORTGAGE | $3,245,000 | $9,560,000 | 194.6% | 0.1% |
| PLANET HOME LENDING, LLC | $5,100,000 | $9,485,000 | 86.0% | 0.1% |
| First Montana Bank, Inc. | $24,465,000 | $9,365,000 | -61.7% | 0.1% |
| Figure Lending LLC | $5,830,000 | $9,295,000 | 59.4% | 0.1% |
| Carrington Mortgage Services, LLC | $5,535,000 | $8,825,000 | 59.4% | 0.1% |
| PHH Mortgage Corporation | $2,860,000 | $8,685,000 | 203.7% | 0.1% |
| TRIAD FINANCIAL SERVICES, INC. | $2,840,000 | $8,545,000 | 200.9% | 0.1% |
| BETTER MORTGAGE CORPORATION | $6,115,000 | $8,395,000 | 37.3% | 0.1% |
| AMERICAN FINANCING CORPORATION | $6,250,000 | $8,125,000 | 30.0% | 0.1% |
| Citibank | $143,500,000 | $7,945,000 | -94.5% | 0.1% |
| Equity Prime Mortgage LLC | $4,570,000 | $7,650,000 | 67.4% | 0.1% |
| Truist | $6,275,000 | $7,580,000 | 20.8% | 0.1% |
| PlainsCapital Bank | $7,480,000 | n/a | 0.1% | |
| LIMA ONE CAPITAL, LLC | $2,075,000 | $7,385,000 | 255.9% | 0.1% |
| Deutsche Bank Trust Company Americas | $7,275,000 | n/a | 0.1% | |
| ALLIANT CREDIT UNION | $1,930,000 | $7,265,000 | 276.4% | 0.1% |
| AMERICAN FINANCIAL RESOURCES, INC. | $7,115,000 | n/a | 0.1% | |
| Bank of Bridger | $4,120,000 | $7,065,000 | 71.5% | 0.1% |
| PARK SIDE FINANCIAL | $7,790,000 | $6,980,000 | -10.4% | 0.1% |
| ZILLOW HOME LOANS, LLC | $4,675,000 | $6,910,000 | 47.8% | 0.1% |
| FOUNDATION MORTGAGE CORPORATION | $6,905,000 | n/a | 0.1% | |
| GREYSTONE SERVICING COMPANY LLC | $40,295,000 | $6,890,000 | -82.9% | 0.1% |
| Farmers State Bank | $5,105,000 | $6,790,000 | 33.0% | 0.1% |
| AXIA FINANCIAL, LLC | $3,535,000 | $6,770,000 | 91.5% | 0.1% |
| MORTGAGE 1 INCORPORATED | $5,790,000 | $6,770,000 | 16.9% | 0.1% |
| First-Citizens Bank & Trust Company | $23,045,000 | $6,750,000 | -70.7% | 0.1% |
| Umpqua Bank | $1,430,000 | $6,310,000 | 341.3% | 0.1% |
| MID AMERICA MORTGAGE, INC. | $6,040,000 | $6,290,000 | 4.1% | 0.1% |
| SECURITYNATIONAL MORTGAGE COMPANY | $635,000 | $6,185,000 | 874.0% | 0.1% |
| TBK BANK, SSB | $6,155,000 | n/a | 0.1% | |
| Austin Bank, Texas | $6,135,000 | n/a | 0.1% | |
| PLAZA HOME MORTGAGE, INC. | $7,555,000 | $5,980,000 | -20.8% | 0.1% |
| NEXERA HOLDING LLC | $5,275,000 | $5,935,000 | 12.5% | 0.1% |
| MidFirst Bank | $1,505,000 | $5,850,000 | 288.7% | 0.1% |
| Fifth Third Bank | $5,805,000 | n/a | 0.1% | |
| First Federal Bank | $2,310,000 | $5,740,000 | 148.5% | 0.1% |
| V.I.P. MORTGAGE, INC. | $4,795,000 | $5,680,000 | 18.5% | 0.1% |
| FUNDLOANS CAPITAL | $785,000 | $5,460,000 | 595.5% | 0.1% |
| Citadel Servicing Corporation | $2,820,000 | $5,215,000 | 84.9% | 0.1% |
| LENDSURE MORTGAGE CORP. | $2,320,000 | $5,165,000 | 122.6% | 0.1% |
| CLEARPATH LENDING | $3,730,000 | $5,145,000 | 37.9% | 0.1% |
| HOMEXPRESS MORTGAGE CORP. | $1,325,000 | $5,105,000 | 285.3% | 0.1% |
| Cornerstone First Mortgage, Inc | $5,085,000 | n/a | 0.1% | |
| CARDINAL FINANCIAL | $6,775,000 | $5,045,000 | -25.5% | 0.1% |
| Belt Valley Bank | $8,135,000 | $5,025,000 | -38.2% | 0.1% |
| Heritage Bank | $335,000 | $5,005,000 | 1,394.0% | 0.1% |
| BAY EQUITY LLC | $22,370,000 | $4,935,000 | -77.9% | 0.1% |
| LONGBRIDGE FINANCIAL, LLC | $2,275,000 | $4,895,000 | 115.2% | 0.1% |
| Washington Trust Bank | $2,980,000 | $4,780,000 | 60.4% | 0.1% |
| PENTAGON FEDERAL CREDIT UNION | $5,685,000 | $4,740,000 | -16.6% | 0.1% |
| PREMIA MORTGAGE, LLC | $4,095,000 | $4,735,000 | 15.6% | 0.1% |
| Citizens Bank | $1,885,000 | $4,615,000 | 144.8% | 0.1% |
| First International Bank & Trust | $3,320,000 | $4,615,000 | 39.0% | 0.1% |
| Goldman Sachs Bank USA | $10,110,000 | $4,510,000 | -55.4% | 0.1% |
| Sierra Pacific Mortgage Company, Inc. | $5,065,000 | $4,500,000 | -11.2% | 0.1% |
| RUSSELL COUNTRY FCU | $2,805,000 | $4,480,000 | 59.7% | 0.1% |
| Libertyville Bank & Trust | $935,000 | $4,470,000 | 378.1% | 0.1% |
| M&T Bank | $1,700,000 | $4,375,000 | 157.4% | 0.1% |
| Northpointe Bank | $7,385,000 | $4,365,000 | -40.9% | 0.1% |
| First Western Trust Bank | $1,760,000 | $4,250,000 | 141.5% | 0.1% |
| OCMBC, INC. | $3,190,000 | $4,225,000 | 32.4% | 0.1% |
| ADVANCIAL | $1,775,000 | $4,165,000 | 134.6% | 0.1% |
| BNY Mellon | $9,510,000 | $4,155,000 | -56.3% | 0.1% |
| Raymond James Bank | $10,600,000 | $4,095,000 | -61.4% | 0.1% |
| Citizens National Bank of Texas | $3,960,000 | n/a | 0.1% | |
| Lake Forest Bank & Trust | $3,830,000 | n/a | 0.1% | |
| Ally Bank | $3,990,000 | $3,785,000 | -5.1% | 0.1% |
| Commerce Home Mortgage, Inc. | $5,820,000 | $3,765,000 | -35.3% | 0.1% |
| TOWNE MORTGAGE COMPANY | $2,540,000 | $3,765,000 | 48.2% | 0.1% |
| ANGEL OAK MORTGAGE SOLUTIONS LLC | $2,175,000 | $3,725,000 | 71.3% | 0.1% |
| VELOCITY COMMERCIAL CAPITAL, LLC | $1,400,000 | $3,710,000 | 165.0% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $3,385,000 | $3,620,000 | 6.9% | 0.1% |
| LENOX FINANCIAL MORTGAGE CORPORATION | $610,000 | $3,610,000 | 491.8% | 0.1% |
| Wheaton Bank & Trust | $3,400,000 | n/a | 0.1% | |
| Bank of England | $6,070,000 | $3,395,000 | -44.1% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $7,140,000 | $3,380,000 | -52.7% | 0.1% |
| Armed Forces Bank | $1,550,000 | $3,375,000 | 117.7% | 0.0% |
| Zions Bank | $2,655,000 | $3,260,000 | 22.8% | 0.0% |
| AmeriHome Mortgage Company, LLC | $1,860,000 | $3,215,000 | 72.8% | 0.0% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $4,755,000 | $3,195,000 | -32.8% | 0.0% |
| Magnolia Bank | $2,065,000 | $3,160,000 | 53.0% | 0.0% |
| FIRST COLONY MORTGAGE CORPORATION | $20,245,000 | $3,055,000 | -84.9% | 0.0% |
| Renasant Bank | $2,365,000 | $3,055,000 | 29.2% | 0.0% |
| The Bank of Commerce | $2,490,000 | $3,005,000 | 20.7% | 0.0% |
| Guaranty Bank & Trust, N.A. | $2,905,000 | n/a | 0.0% | |
| JMJ FINANCIAL GROUP | $2,900,000 | n/a | 0.0% | |
| Nations Lending Corporation | $1,960,000 | $2,900,000 | 48.0% | 0.0% |
| The Central Trust Bank | $6,530,000 | $2,830,000 | -56.7% | 0.0% |
| HSBC BANK USA, NATIONAL ASSOCIATION | $2,685,000 | $2,775,000 | 3.4% | 0.0% |
| ARIZONA | $2,755,000 | n/a | 0.0% | |
| Broadway National Bank | $2,735,000 | n/a | 0.0% | |
| Willamette Valley Bank | $2,975,000 | $2,715,000 | -8.7% | 0.0% |
| BLACK HILLS FEDERAL CREDIT UNION | $1,265,000 | $2,630,000 | 107.9% | 0.0% |
| AMERICAN FINANCIAL NETWORK, INC. | $2,765,000 | $2,625,000 | -5.1% | 0.0% |
| OAKTREE FUNDING CORP. | $455,000 | $2,570,000 | 464.8% | 0.0% |
| REDWOOD RESIDENTIAL ACQUISITION CORPORATION | $2,550,000 | n/a | 0.0% | |
| EMBRACE HOME LOANS, INC. | $2,025,000 | $2,525,000 | 24.7% | 0.0% |
| NOVA FINANCIAL & INVESTMENT CORPORATION | $175,000 | $2,415,000 | 1,280.0% | 0.0% |
| MEMBER FIRST MORTGAGE, LLC | $2,325,000 | n/a | 0.0% | |
| NexBank | $955,000 | $2,310,000 | 141.9% | 0.0% |
| AMERICAN HERITAGE LENDING, INC. | $315,000 | $2,300,000 | 630.2% | 0.0% |
| FIRST COMMUNITY MORTGAGE, INC. | $2,170,000 | n/a | 0.0% | |
| Bethpage Federal Credit Union | $260,000 | $2,150,000 | 726.9% | 0.0% |
| VERITAS FUNDING, LLC | $480,000 | $2,150,000 | 347.9% | 0.0% |
| TRISTAR FINANCE, INC. | $675,000 | $2,055,000 | 204.4% | 0.0% |
| SPRING EQ, LLC | $1,980,000 | $2,045,000 | 3.3% | 0.0% |
| St Charles Bank & Trust | $2,730,000 | $2,030,000 | -25.6% | 0.0% |
| RELIANCE FIRST CAPITAL, LLC | $3,795,000 | $2,025,000 | -46.6% | 0.0% |
| GEORGIA'S OWN | $2,275,000 | $2,010,000 | -11.6% | 0.0% |
| STANFORD Federal Credit Union | $405,000 | $1,955,000 | 382.7% | 0.0% |
| Leader Bank | $1,900,000 | n/a | 0.0% | |
| BANKWEST, INC. | $2,780,000 | $1,860,000 | -33.1% | 0.0% |
| Benchmark Bank | $1,845,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $1,565,000 | $1,820,000 | 16.3% | 0.0% |
| Logan Finance Corporation | $515,000 | $1,800,000 | 249.5% | 0.0% |
| THRIVENT Federal Credit Union | $1,105,000 | $1,790,000 | 62.0% | 0.0% |
| CIBC Bank USA | $8,010,000 | $1,775,000 | -77.8% | 0.0% |
| First Horizon Bank | $2,815,000 | $1,700,000 | -39.6% | 0.0% |
| MORIA DEVELOPMENT, INC. | $1,655,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $150,000 | $1,635,000 | 990.0% | 0.0% |
| Farmers Bank & Trust | $1,770,000 | $1,625,000 | -8.2% | 0.0% |
| NP, Inc. | $2,005,000 | $1,625,000 | -19.0% | 0.0% |
| CREDIT HUMAN FEDERAL CREDIT UNION | $1,070,000 | $1,620,000 | 51.4% | 0.0% |
| Franklin Loan Corporation | $1,605,000 | n/a | 0.0% | |
| BOKF | $965,000 | $1,580,000 | 63.7% | 0.0% |
| Arvest Bank | $1,040,000 | $1,550,000 | 49.0% | 0.0% |
| KINECTA | $1,185,000 | $1,520,000 | 28.3% | 0.0% |
| SPOKANE TEACHERS | $740,000 | $1,520,000 | 105.4% | 0.0% |
| AMERICAN INTERNET MORTGAGE, INC. | $1,130,000 | $1,510,000 | 33.6% | 0.0% |
| CANOPY MORTGAGE, LLC | $875,000 | $1,510,000 | 72.6% | 0.0% |
| First American Bank and Trust Company | $1,505,000 | n/a | 0.0% | |
| IDAHO CENTRAL | $2,045,000 | $1,470,000 | -28.1% | 0.0% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $365,000 | $1,460,000 | 300.0% | 0.0% |
| LAND HOME FINANCIAL SERVICES, INC. | $1,445,000 | n/a | 0.0% | |
| Hinsdale Bank & Trust Company | $655,000 | $1,425,000 | 117.6% | 0.0% |
| FBC MORTGAGE, LLC | $800,000 | $1,410,000 | 76.3% | 0.0% |
| Sunflower Bank | $965,000 | $1,410,000 | 46.1% | 0.0% |
| WINGS FINANCIAL | $2,925,000 | $1,385,000 | -52.6% | 0.0% |
| Home Mortgage Alliance Corp | $1,375,000 | n/a | 0.0% | |
| SOUTHWEST STAGE FUNDING, LLC | $695,000 | $1,375,000 | 97.8% | 0.0% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $1,365,000 | n/a | 0.0% | |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $1,030,000 | $1,365,000 | 32.5% | 0.0% |
| Northbrook Bank & Trust | $1,355,000 | n/a | 0.0% | |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $1,315,000 | n/a | 0.0% | |
| INTERCAP LENDING INC. | $805,000 | $1,300,000 | 61.5% | 0.0% |
| Centier Bank | $230,000 | $1,245,000 | 441.3% | 0.0% |
| MEGASTAR FINANCIAL CORP. | $1,395,000 | $1,225,000 | -12.2% | 0.0% |
| 1ST LIBERTY FCU | $1,725,000 | $1,200,000 | -30.4% | 0.0% |
| The First National Bank of Fort Smith | $1,175,000 | n/a | 0.0% | |
| NBH Bank | $1,250,000 | $1,140,000 | -8.8% | 0.0% |
| SUN WEST MORTGAGE COMPANY, INC. | $1,685,000 | $1,140,000 | -32.3% | 0.0% |
| West Gate Bank | $2,520,000 | $1,115,000 | -55.8% | 0.0% |
| SIRVA MORTGAGE, INC. | $1,090,000 | $1,110,000 | 1.8% | 0.0% |
| Financial Federal Bank | $1,095,000 | n/a | 0.0% | |
| First National Bank of America | $1,070,000 | n/a | 0.0% | |
| Gate City Bank | $2,140,000 | $1,065,000 | -50.2% | 0.0% |
| Network Funding, L.P. | $1,065,000 | n/a | 0.0% | |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $4,840,000 | $1,045,000 | -78.4% | 0.0% |
| Toyota Financial Savings Bank | $1,030,000 | n/a | 0.0% | |
| BNC National Bank | $3,100,000 | $1,005,000 | -67.6% | 0.0% |
| Western State Bank | $990,000 | n/a | 0.0% | |
| BancorpSouth | $355,000 | $985,000 | 177.5% | 0.0% |
| Texana Bank | $985,000 | n/a | 0.0% | |
| RESIDENTIAL BANCORP | $410,000 | $970,000 | 136.6% | 0.0% |
| FCB Banks | $235,000 | $955,000 | 306.4% | 0.0% |
| FLAT BRANCH MORTGAGE, INC. | $955,000 | n/a | 0.0% | |
| Mid-Continent Funding, Inc. | $1,100,000 | $940,000 | -14.5% | 0.0% |
| PRIORITY HOME LENDING, LLC | $465,000 | $930,000 | 100.0% | 0.0% |
| A&D Mortgage LLC | $1,110,000 | $920,000 | -17.1% | 0.0% |
| First Commercial Bank | $905,000 | n/a | 0.0% | |
| STAR Financial Bank | $905,000 | n/a | 0.0% | |
| AHL FUNDING | $900,000 | n/a | 0.0% | |
| BEEHIVE | $425,000 | $900,000 | 111.8% | 0.0% |
| 5TH STREET CAPITAL, INC. | $890,000 | n/a | 0.0% | |
| NATIONS DIRECT MORTGAGE, LLC | $680,000 | $890,000 | 30.9% | 0.0% |
| Presidential Bank, FSB | $875,000 | n/a | 0.0% | |
| JUSTICE Federal Credit Union | $175,000 | $870,000 | 397.1% | 0.0% |
| PACIFIC RESIDENTIAL MORTGAGE, LLC | $1,085,000 | $870,000 | -19.8% | 0.0% |
| Choice Financial Group | $375,000 | $865,000 | 130.7% | 0.0% |
| Meridian Trust Federal Credit Union | $195,000 | $860,000 | 341.0% | 0.0% |
| Beverly Bank & Trust | $2,390,000 | $855,000 | -64.2% | 0.0% |
| KeyBank | $1,015,000 | $855,000 | -15.8% | 0.0% |
| ALAMEDA MORTGAGE CORPORATION | $840,000 | n/a | 0.0% | |
| RBC Bank, (Georgia) | $3,140,000 | $835,000 | -73.4% | 0.0% |
| EVERETT FINANCIAL, INC. | $2,800,000 | $830,000 | -70.4% | 0.0% |
| Baxter Credit Union | $460,000 | $815,000 | 77.2% | 0.0% |
| TIB The Independent Bankersbank | $1,305,000 | $815,000 | -37.5% | 0.0% |
| Old National Bank | $810,000 | n/a | 0.0% | |
| Pinnacle Bank | $7,530,000 | $775,000 | -89.7% | 0.0% |
| Schaumburg Bank & Trust | $775,000 | n/a | 0.0% | |
| South State Bank | $765,000 | n/a | 0.0% | |
| Texas Capital Bank | $765,000 | n/a | 0.0% | |
| Town Bank, N.A. | $3,380,000 | $765,000 | -77.4% | 0.0% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,610,000 | $760,000 | -52.8% | 0.0% |
| DOMINION FINANCIAL SERVICES, LLC | $430,000 | $755,000 | 75.6% | 0.0% |
| Johnson Bank | $1,755,000 | $755,000 | -57.0% | 0.0% |
| NFM, INC. | $615,000 | $750,000 | 22.0% | 0.0% |
| HOMESTEAD FUNDING CORP. | $735,000 | n/a | 0.0% | |
| Idaho First Bank | $735,000 | n/a | 0.0% | |
| Waterstone Mortgage Corporation | $600,000 | $735,000 | 22.5% | 0.0% |
| RCN Capital, LLC | $430,000 | $720,000 | 67.4% | 0.0% |
| Fortress Bank | $705,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $305,000 | $705,000 | 131.1% | 0.0% |
| T2 FINANCIAL LLC | $315,000 | $705,000 | 123.8% | 0.0% |
| ANECA Federal Credit Union | $695,000 | n/a | 0.0% | |
| Union Bank | $695,000 | n/a | 0.0% | |
| TJC Mortgage, Inc. | $685,000 | n/a | 0.0% | |
| NATIONWIDE MORTGAGE BANKERS, INC. | $665,000 | $655,000 | -1.5% | 0.0% |
| Unison Bank | $655,000 | n/a | 0.0% | |
| Sentry Bank | $635,000 | n/a | 0.0% | |
| GTE Federal Credit Union | $1,120,000 | $630,000 | -43.8% | 0.0% |
| North American Savings Bank, F.S.B. | $2,610,000 | $630,000 | -75.9% | 0.0% |
| USAlliance Federal Credit Union | $175,000 | $615,000 | 251.4% | 0.0% |
| CAPITAL EDUCATORS FEDERAL CREDIT UNION | $605,000 | n/a | 0.0% | |
| SOUTHWEST FUNDING, LP | $605,000 | n/a | 0.0% | |
| RESIDENTIAL MORTGAGE, LLC | $585,000 | n/a | 0.0% | |
| Village Bank & Trust | $585,000 | n/a | 0.0% | |
| The Northern Trust Company | $1,825,000 | $575,000 | -68.5% | 0.0% |
| EVERENCE FEDERAL CREDIT UNION | $565,000 | n/a | 0.0% | |
| State Bank of the Lakes | $555,000 | n/a | 0.0% | |
| Deere Employees Credit Union | $130,000 | $545,000 | 319.2% | 0.0% |
| Evolve Bank & Trust | $545,000 | n/a | 0.0% | |
| First United Bank and Trust Company | $545,000 | n/a | 0.0% | |
| American National Bank of Minnesota | $540,000 | n/a | 0.0% | |
| Old Plank Trail Community Bank | $515,000 | n/a | 0.0% | |
| United Bank | $515,000 | n/a | 0.0% | |
| Greenbox Loans, Inc. | $505,000 | n/a | 0.0% | |
| First National Bank of Omaha | $495,000 | n/a | 0.0% | |
| AMWEST FUNDING CORP. | $475,000 | n/a | 0.0% | |
| INTERNATIONAL CITY MORTGAGE, INC. | $435,000 | $475,000 | 9.2% | 0.0% |
| BAYSHORE MORTGAGE FUNDING, LLC | $455,000 | n/a | 0.0% | |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $455,000 | n/a | 0.0% | |
| FIDELITY BANK | $445,000 | n/a | 0.0% | |
| Hancock Whitney Bank | $435,000 | n/a | 0.0% | |
| LENDINGONE, LLC | $520,000 | $430,000 | -17.3% | 0.0% |
| Chicago Patrolmen's Federal Credit Union | $425,000 | n/a | 0.0% | |
| FIRST ALLIANCE HOME MORTGAGE, LLC | $395,000 | $425,000 | 7.6% | 0.0% |
| SaviBank | $425,000 | n/a | 0.0% | |
| BankVista | $415,000 | n/a | 0.0% | |
| SeaTrust Mortgage Company | $215,000 | $415,000 | 93.0% | 0.0% |
| MORTGAGEONE, INC. | $405,000 | n/a | 0.0% | |
| Origin Bank | $8,505,000 | $405,000 | -95.2% | 0.0% |
| Wintrust Bank, N.A. | $9,905,000 | $405,000 | -95.9% | 0.0% |
| ANCHOR LOANS, LP | $245,000 | $395,000 | 61.2% | 0.0% |
| GENERAL ELECTRIC EMPLOYEES FEDERAL CREDIT UNION | $395,000 | n/a | 0.0% | |
| First Bank & Trust | $4,605,000 | $385,000 | -91.6% | 0.0% |
| Quad City Bank and Trust Company | $385,000 | n/a | 0.0% | |
| SouthernTrust Bank | $385,000 | n/a | 0.0% | |
| Axos Bank | $135,000 | $380,000 | 181.5% | 0.0% |
| Citizens Bank of Kansas | $375,000 | n/a | 0.0% | |
| First Western Bank & Trust | $375,000 | n/a | 0.0% | |
| Quontic Bank | $2,060,000 | $375,000 | -81.8% | 0.0% |
| AUGUSTA FINANCIAL, INC. | $365,000 | n/a | 0.0% | |
| GREENSTATE CREDIT UNION | $725,000 | $365,000 | -49.7% | 0.0% |
| NEW WAVE LENDING GROUP INC | $365,000 | n/a | 0.0% | |
| VAN DYK MORTGAGE CORPORATION | $365,000 | n/a | 0.0% | |
| Hometown Equity Mortgage, LLC | $255,000 | $360,000 | 41.2% | 0.0% |
| ARC HOME LLC | $1,210,000 | $355,000 | -70.7% | 0.0% |
| TOWN AND COUNTRY Credit Union | $355,000 | n/a | 0.0% | |
| Veritex Community Bank | $355,000 | n/a | 0.0% | |
| Arbor Bank | $345,000 | n/a | 0.0% | |
| GENEVA FINANCIAL, LLC | $2,460,000 | $345,000 | -86.0% | 0.0% |
| PREMIER MEMBERS CREDIT UNION | $345,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $345,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $1,030,000 | $335,000 | -67.5% | 0.0% |
| UNITED | $335,000 | n/a | 0.0% | |
| POINT Mortgage | $325,000 | n/a | 0.0% | |
| ON Q FINANCIAL, INC. | $635,000 | $310,000 | -51.2% | 0.0% |
| UNITED MORTGAGE CORP | $305,000 | n/a | 0.0% | |
| Gateway First Bank | $1,685,000 | $300,000 | -82.2% | 0.0% |
| Community First National Bank | $295,000 | n/a | 0.0% | |
| PANORAMA MORTGAGE GROUP, LLC | $535,000 | $295,000 | -44.9% | 0.0% |
| City National Bank | $12,600,000 | $285,000 | -97.7% | 0.0% |
| Firstrust Savings Bank | $285,000 | n/a | 0.0% | |
| OCEANSIDE MORTGAGE COMPANY | $285,000 | $285,000 | 0.0% | 0.0% |
| University Bank | $285,000 | n/a | 0.0% | |
| American Bank & Trust | $275,000 | n/a | 0.0% | |
| Heritage Bank | $335,000 | $275,000 | -17.9% | 0.0% |
| TEMPLE VIEW CAPITAL FUNDING, LP | $275,000 | n/a | 0.0% | |
| First Reliance Bank | $265,000 | n/a | 0.0% | |
| INB | $265,000 | n/a | 0.0% | |
| Kirkwood Bank & Trust Co. | $990,000 | $265,000 | -73.2% | 0.0% |
| LEADERONE FINANCIAL CORPORATION | $1,675,000 | $265,000 | -84.2% | 0.0% |
| Christian Community Credit Union | $1,705,000 | $255,000 | -85.0% | 0.0% |
| DELMAR FINANCIAL COMPANY | $255,000 | n/a | 0.0% | |
| Stockmans Bank | $255,000 | n/a | 0.0% | |
| WOODTRUST BANK | $255,000 | n/a | 0.0% | |
| Bank of Colorado | $245,000 | n/a | 0.0% | |
| American National Bank & Trust | $235,000 | n/a | 0.0% | |
| FIRST MORTGAGE COMPANY, INC. | $225,000 | n/a | 0.0% | |
| Pioneer Bank & Trust | $225,000 | $225,000 | 0.0% | 0.0% |
| Wilmington Savings Fund Society, FSB | $225,000 | n/a | 0.0% | |
| Frontier Bank | $215,000 | n/a | 0.0% | |
| ALL IN | $205,000 | n/a | 0.0% | |
| American Bank of Oklahoma | $205,000 | n/a | 0.0% | |
| Pinnacle Bank - Wyoming | $625,000 | $205,000 | -67.2% | 0.0% |
| WESTERN VISTA | $35,000 | $205,000 | 485.7% | 0.0% |
| Southwest Airlines Federal Credit Union | $195,000 | n/a | 0.0% | |
| FARMERS INSURANCE GROUP FEDERAL CREDIT UNION | $435,000 | $185,000 | -57.5% | 0.0% |
| Northwest Federal Credit Union | $75,000 | $175,000 | 133.3% | 0.0% |
| Starion Bank | $165,000 | n/a | 0.0% | |
| TOTAL MORTGAGE SERVICES, LLC | $165,000 | n/a | 0.0% | |
| NuVision Federal Credit Union | $155,000 | n/a | 0.0% | |
| State Department Federal Credit Union | $380,000 | $155,000 | -59.2% | 0.0% |
| EVANSVILLE TEACHERS | $965,000 | $145,000 | -85.0% | 0.0% |
| Deseret First Credit Union | $135,000 | n/a | 0.0% | |
| Guaranty Bank and Trust Company | $135,000 | n/a | 0.0% | |
| First National Bank | $125,000 | n/a | 0.0% | |
| SECURITY CREDIT UNION | $125,000 | n/a | 0.0% | |
| Summit Mortgage Corporation | $125,000 | n/a | 0.0% | |
| TruHome Solutions, LLC | $355,000 | $115,000 | -67.6% | 0.0% |
| AMERICAN UNITED FAMILY OF CREDIT UN | $170,000 | $105,000 | -38.2% | 0.0% |
| Elements Financial Federal Credit Union | $280,000 | $105,000 | -62.5% | 0.0% |
| KEYPOINT | $105,000 | n/a | 0.0% | |
| Solarity Credit Union | $105,000 | n/a | 0.0% | |
| AMERICHOICE | $85,000 | n/a | 0.0% | |
| First Merchants Bank | $85,000 | n/a | 0.0% | |
| GUARANTEED RATE AFFINITY, LLC | $1,080,000 | $75,000 | -93.1% | 0.0% |
| KITSAP Credit Union | $75,000 | n/a | 0.0% | |
| SUN Federal Credit Union | $75,000 | n/a | 0.0% | |
| Bank of Utah | $840,000 | $65,000 | -92.3% | 0.0% |
| NUMERICA CREDIT UNION | $65,000 | n/a | 0.0% | |
| STAR USA FEDERAL CREDIT UNION | $105,000 | $55,000 | -47.6% | 0.0% |
| WRIGHT PATMAN CONGRESSIONAL FEDERAL CREDIT UNION | $55,000 | n/a | 0.0% | |
| American Airlines Federal Credit Union | $45,000 | n/a | 0.0% | |
| DIRECTORS MORTGAGE, INC. | $810,000 | $45,000 | -94.4% | 0.0% |
| CITIZENS EQUITY FIRST | $25,000 | n/a | 0.0% |
Montana's top lender by overall market share is Stockman Bank of Montana, with 8.3% market share. In second place, with 7.7%, is Glacier Bank, having originated $521,425,000 in loans. In third place, with 5.9%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $397,790,000 in loans. In fourth place, with 4.0%, is Opportunity Bank of Montana, having originated $269,880,000 in loans. In fifth place, with 4.0%, is QUICKEN LOANS, LLC, having originated $267,270,000 in loans.
Montana Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Home Purchase | 10,645 | $4,499,435,000 | $422,681 |
| Cash Out Refi | 2,588 | $761,360,000 | $294,189 |
| Refi | 2,418 | $887,850,000 | $367,184 |
| Home Improvement | 1,904 | $223,180,000 | $117,216 |
| Other | 1,804 | $381,810,000 | $211,646 |
| NA | 2 | $480,000 | $240,000 |
Montana's most frequently cited loan purpose was Home Purchase, with 10,645 originations. The 2nd most popular reason was Cash Out Refi, with 2,588 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 7,275 | $2,904,835,000 | $399,290 |
| Over 8% | 4,094 | $657,700,000 | $160,650 |
| 7-8% | 3,412 | $1,284,760,000 | $376,542 |
| 5-6% | 3,146 | $1,339,140,000 | $425,664 |
| 4-5% | 284 | $148,420,000 | $522,606 |
| <2.5% | 74 | $7,750,000 | $104,730 |
| 2.5-3% | 36 | $9,760,000 | $271,111 |
| 3-4% | 34 | $21,500,000 | $632,353 |
During 2024, Montana's most frequently originated rate bucket was 6-7%, with 7,275 originations.
Loan Sizing (Montana MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 6,844 | $2,024,180,000 | $295,760 |
| $100,000 or less | 3,841 | $211,785,000 | $55,138 |
| $100k-200k | 3,441 | $494,605,000 | $143,739 |
| $400k-600k | 3,282 | $1,579,180,000 | $481,164 |
| $600k-1000k | 1,445 | $1,048,405,000 | $725,540 |
| $Over $1MM | 508 | $1,395,960,000 | $2,747,953 |
Montana's loan sizing saw the bucket of loans from $200k-400k with 6,844 originations, totaling $2,024,180,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 80-100% | 5,681 | $2,297,815,000 | $404,474 |
| 60-80% | 3,881 | $2,016,485,000 | $519,579 |
| Under 20% | 3,530 | $282,280,000 | $79,966 |
| 20-40% | 2,406 | $520,840,000 | $216,475 |
| 40-60% | 2,238 | $1,023,930,000 | $457,520 |
| Over 100% | 307 | $138,225,000 | $450,244 |
Montana's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 5,681 originations, totaling $2,297,815,000 in origination value.