Carbon County
Montana · FIPS 30009
According to CFPB HMDA 2024 application volume among U.S. counties, Carbon County ranks #2,081 of 3,223, and #14 of 56 in Montana.
Mortgage lending activity in Carbon County, Montana based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Carbon County, Montana lenders denied 71 of the applications reported here, financing the rest at an average note rate of 7.10%, with applicants self-reporting average annual income of $37K. 72 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 8.0x, meaning typical borrowers took on mortgages of about 8.0 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Carbon County
In Carbon County, lead originator Altana Federal Credit Union funded only 10.7% of 271 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 26.2% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Carbon County's 467 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Carbon County's $295,493 average loan (deduped against volume peers).
Lenders active in Carbon County
Altana Federal Credit Union funded 29 of the 271 loans originated in Carbon County, 10.7% of the county. 72 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Altana Federal Credit Union | 29 | 10.7% |
| 2 | Bank of Bridger, N.A. | 26 | 9.6% |
| 3 | Stockman Bank of Montana | 16 | 5.9% |
| 4 | United Wholesale Mortgage | 16 | 5.9% |
| 5 | Rocket Mortgage | 13 | 4.8% |
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. For Carbon County, from the FFIEC/CFPB HMDA Snapshot National Loan-Level Dataset (2024) -- county FIPS codes follow U.S. Census Bureau standards. Not financial advice for Carbon County borrowers. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.