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Opportunity Bank of Montana

HELENA, MT

Opportunity Bank of Montana processed 1,537 mortgage applications in 2024 per HMDA data reported to the Consumer Financial Protection Bureau (CFPB), originating 1,062 loans with a 8.7% denial rate. Home Purchase was the primary loan purpose. Based in HELENA, MT. The approval rate of 69.1% reflects originated loans as a share of all applications.

Why approval and denial rates diverge. Approval (origination) rate and denial rate do not sum to 100% - HMDA records several outcomes beyond approved-and-funded, including files that were approved but not accepted by the applicant, withdrawn, or closed for incompleteness. Opportunity Bank of Montana's 69.1% origination rate tells you how often an application turned into funded money; the 8.7% denial rate is a separate read on underwriting strictness. The most frequently cited denial reasons in this file were Debt-to-income ratio, Credit history, Collateral, which together explain the majority of rejections. Most activity concentrated in Conventional loans (1,285 applications).

How to read this page. These figures are aggregate HMDA disclosures, they describe this lender's overall 2024 book, not your individual odds. Approval and denial rates are shaped by the applicant mix a lender actually receives: credit profile, loan-to-value, debt-to-income, property type, and geography. A lower denial rate at one lender versus another does not necessarily mean easier underwriting, it often reflects borrower self-selection and loan-product specialization. This page is informational data reporting, not financial, legal, or mortgage advice. Compare multiple lenders, read your Loan Estimate carefully, and consult a licensed mortgage professional before applying. Data reflects 2024 disclosures published by the CFPB in 2025.

1,537
Applications
1,062
Originated
8.7%
Denial Rate
$270,940
Avg Loan Amount
Avg Interest Rate: 7.124% Avg Applicant Income: $37,000

Lending Activity

Type Applications Originated Denied Avg Loan
Conventional 1,285 886 126 $260,479
FHA 140 98 6 $288,929
VA 104 71 2 $376,154
USDA 8 7 0 $268,750

Top loan types - Opportunity Bank of Montana

Top loan types - Opportunity Bank of Montana Horizontal bar chart of the top 4 items by value (applications). Top loan types - Opportunity Bank of Montana Top 4 1. Conventional 1,285 2. FHA 140 3. VA 104 4. USDA 8 Top 5 loan types by application volume at Opportunity Bank of Montana (HMDA 2024). Source: CFPB HMDA loan/application register.

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for Opportunity Bank of Montana (LEI: 5493007ZF78YQRSXQG49) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Denial Analysis

Debt-to-income ratio
80
Credit history
39
Collateral
20
Other
10
Unverifiable information
4
Employment history
2

Loan Purpose Breakdown

Purpose Applications Originated Avg Loan
Home Purchase 914 646 $357,593
Home Improvement 252 188 $91,429
Other 167 103 $115,120
Refinancing 146 92 $218,151
Cash-out Refinancing 58 33 $266,897

Geographic Coverage — Lending by Race

Derived race categories as reported under HMDA. Source: CFPB.

Race Applications Approval Rate Denial Rate
White 1,249 70.2% 8.7%
Joint * 41 61.0% 14.6%
American Indian or Alaska Native * 19 47.4% 21.1%
Asian * 17 52.9% 17.6%
Black or African American * 10 50.0% 0.0%
2 or more minority races * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Lending by Ethnicity

Hispanic/Latino is an ethnicity, not a race. Shown separately per U.S. Census Bureau standards.

Ethnicity Applications Approval Rate Denial Rate
Not Hispanic or Latino 1,263 69.8% 8.7%
Joint * 29 69.0% 6.9%
Hispanic or Latino * 25 48.0% 24.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in MT

Other HMDA-reporting lenders in MT with similar activity. Compare any two side-by-side.

Glacier Bank

Kalispell, MT

7,296 apps 4,434 originated 16.5% denied

First Interstate Bank

Billings, MT

4,267 apps 2,414 originated 27.5% denied

Stockman Bank of Montana

Miles City, MT

2,613 apps 2,011 originated 5.7% denied

Altana Federal Credit Union

Billings, MT

547 apps 423 originated 15.2% denied

Valley Financial Credit Union

Billings, MT

474 apps 363 originated 17.1% denied
Compare Opportunity Bank of Montana vs Glacier Bank →

Mortgage Lending Guides

Frequently Asked Questions

How many mortgage applications did Opportunity Bank of Montana process?
Opportunity Bank of Montana processed 1,537 mortgage applications in the 2024 HMDA reporting year. Of these, 1,062 were originated (approved and funded), 296 were withdrawn by the applicant, and 134 were denied.
What is Opportunity Bank of Montana's mortgage approval rate?
Opportunity Bank of Montana has an approval (origination) rate of 69.1%, meaning 69.1% of all applications resulted in a funded mortgage. The denial rate is 8.7%.
What is the average loan amount at Opportunity Bank of Montana?
The average mortgage loan amount at Opportunity Bank of Montana is $270,940. The average interest rate is 7.124%. The average applicant income is $37,000.
What are the most common reasons for mortgage denial at Opportunity Bank of Montana?
The most common reasons for mortgage denial at Opportunity Bank of Montana are: Debt-to-income ratio, Credit history, Collateral. In total, 134 applications were denied out of 1,537 total applications.
What types of mortgage loans does Opportunity Bank of Montana offer?
Opportunity Bank of Montana processes Conventional, FHA, VA, USDA loans. The most common type is Conventional with 1,285 applications and an average loan amount of $260,479.
What loan purposes does Opportunity Bank of Montana serve?
Opportunity Bank of Montana serves the following loan purposes: Home Purchase (914 applications), Home Improvement (252 applications), Other (167 applications), Refinancing (146 applications), Cash-out Refinancing (58 applications). Home Purchase is the most common purpose.
Where is Opportunity Bank of Montana located?
Opportunity Bank of Montana is headquartered in HELENA, MT. The lender is identified by LEI 5493007ZF78YQRSXQG49 in HMDA data.
How does Opportunity Bank of Montana compare in lending across racial demographics?
Opportunity Bank of Montana reports demographic lending data under HMDA requirements. White applicants have an approval rate of 70.2% and denial rate of 8.7%; Joint applicants have an approval rate of 61.0% and denial rate of 14.6%; American Indian or Alaska Native applicants have an approval rate of 47.4% and denial rate of 21.1%. This data reflects derived race categories as reported by applicants.

Data Sources

Data as of 2024. Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 Snapshot.

Data from FFIEC / CFPB HMDA 2024 Snapshot National Loan-Level Dataset. Demographic data reflects derived categories as reported by applicants. Denial rates include all application outcomes. This data is provided for informational purposes only.

Read our methodology - how this data is sourced, computed, and verified.

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error.