MT · Statewide HMDA 2024

Montana mortgage lending

According to the CFPB HMDA 2024 Snapshot, 447 reporting lenders · 56 counties · 5 metros.

Volume rank is not origination-share rank

According to the CFPB HMDA 2024 Snapshot, Montana ranks #44 of 54 by application volume but #20 of 52 states with 10,000+ applications on origination share (54.6%). Wisconsin leads that origination-share board at 64.0% on 214,597 applications. Volume rank is not origination-share rank.

#20
Origination-share rank of 52
54.6%
Origination share
19,432
Originated
15.0%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among states and territories with 10,000+ applications (the same floor as the national denial board). See /methodology#corpus-placement. Informational reporting, not mortgage advice.

CFPB HMDA state filing plate

State MT · Montana 15.0% denial

VOL-TRACE · DEN-LIGHT · NEAR-PEER · ORIG-FLOOR · BOOK-FULL · LEAD-MIX

  • VOL-TRACE #44/54
  • DEN-LIGHT 15.0%
  • NEAR-PEER Oregon
  • ORIG-FLOOR 54.6%
  • BOOK-FULL 447 lenders
  • LEAD-MIX 10% top

Photo-finish peer: Oregon · 15.2% denial (+0.2pp vs Montana)

2024 HMDA Snapshot state sheet, volume rank, denial band, origination share, and reporter book. Informational reporting only.

Denial-rate neighbourhood · Montana

Poles and nearest peers by statewide HMDA denial rate, not a full state roster.

Denial band
Hawaii · highest22.4%Vermont · near15.2%Oregon · near15.2%Montana · this state15.0%Puerto Rico · near14.8%Wyoming · near14.8%Guam · lowest7.6%

Nationwide states with similar HMDA denial rate or application volume

Two statewide peer sets for Montana: nearest jurisdictions by denial rate and by mortgage applications filed. These are cross-state neighborhoods, distinct from the denial-band chart above.

Top lenders by originations · Montana

Funded loans among HMDA-reporting institutions active in this state.

State market
1. Stockman Bank of Montana2K2. Glacier Bank2K3. Rocket Mortgage1K4. United Wholesale Mortgage1K5. Opportunity Bank of Monta…1K6. Evergreen Moneysource Mor…6127. First Interstate Bank6108. Crosscountry Mortgage, LLC535

Where Montana sits by application volume

2024 CFPB HMDA states and territories, bucketed by mortgage applications filed

35,594 19th percentile higher than 19% of 54 states and territories

This state 0 1,200,000 states and territories, grouped by applications

Each bar is a 150,000-applications band. The dashed line and filled bar mark this state. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act Snapshot National Loan-Level Dataset · 2024 reporting year

Top counties by originations · Montana

In-state county volume from the same HMDA county board linked below.

County mix
1. Yellowstone County4K2. Gallatin County2K3. Flathead County2K4. Missoula County2K5. Cascade County2K6. Lewis and Clark County1K7. Ravalli County7368. Silver Bow County688

How to read this state sheet. Montana filed 35,594 HMDA-reported applications in 2024 (#44 of 54 by volume) with a 15.0% denial rate - 2.2pp below the national 17.2% baseline. White applicants (25,863 apps) show 15.7% denial; Joint applicants (730 apps) show 14.3% denial - rates on groups below 100 applications are marked too small to read. This page is informational data reporting, not financial, legal, or mortgage advice.

Nearby Lenders in Montana

Top HMDA-reporting lenders active in Montana. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Stockman Bank of Montana 1,994 10.3%
2 Glacier Bank 1,655 8.5%
3 Rocket Mortgage 1,066 5.5%
4 United Wholesale Mortgage 1,044 5.4%
5 Opportunity Bank of Montana 1,036 5.3%

Reported outcomes by applicant race in Montana

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 25,863 61.8% 15.7%
Joint 730 58.9% 14.3%
American Indian or Alaska Native 493 45.6% 28.2%
Asian 244 57.0% 18.4%
Black or African American 129 50.4% 17.8%
Native Hawaiian or Other Pacific Islander 34 52.9% 20.6%sample too small to read
2 or more minority races 28 57.1% 35.7%sample too small to read

Every county in Montana, by lending volume

County totals sum the filings geocoded to that county, so they reconcile to the state row above rather than to any single lender's book.

County Applications Originated Denial Rate Avg Loan
Yellowstone County 6,445 3,753 14.0% $255,754
Gallatin County 4,075 2,265 13.9% $512,242
Flathead County 3,755 2,025 16.6% $435,945
Missoula County 3,324 1,860 14.8% $347,981
Cascade County 3,111 1,700 11.6% $262,930
Lewis and Clark County 2,606 1,469 12.5% $308,008
Ravalli County 1,444 736 17.3% $345,852
Silver Bow County 1,234 688 14.0% $211,580
Lake County 842 414 16.4% $375,249
Lincoln County 696 360 19.0% $276,753
Park County 614 309 17.1% $350,749
Jefferson County 511 254 17.8% $315,978
Madison County 490 269 15.9% $1,033,755
Carbon County 467 271 15.2% $295,493
Broadwater County 438 235 13.9% $325,205
Sanders County 433 188 24.5% $260,473
Hill County 392 234 13.5% $172,806
Stillwater County 371 209 14.0% $285,863
Deer Lodge County 363 175 20.4% $197,810
Fergus County 295 166 15.6% $206,729
Custer County 275 153 12.0% $167,764
Richland County 266 151 13.9% $203,158
Beaverhead County 229 120 13.1% $266,572
Teton County 213 107 12.7% $222,512
Dawson County 210 101 18.1% $151,143
Mineral County 200 94 22.0% $261,000
Powell County 177 87 14.1% $312,458
Musselshell County 166 77 21.7% $207,229
Glacier County 150 74 25.3% $140,400
Valley County 148 85 15.5% $171,216
Rosebud County 140 71 18.6% $168,714
Pondera County 134 77 14.9% $178,582
Big Horn County 131 61 20.6% $220,344
Roosevelt County 128 62 21.9% $127,500
Granite County 106 55 11.3% $385,755
Sweet Grass County 90 41 20.0% $403,222
Toole County 88 48 13.6% $190,682
Chouteau County 84 49 15.5% $186,429
Blaine County 83 39 25.3% $142,831
Phillips County 72 39 19.4% $144,722
Meagher County 64 31 12.5% $275,000
Fallon County 61 32 16.4% $177,623
Sheridan County 58 28 13.8% $149,310
Wheatland County 52 24 23.1% $175,962
Judith Basin County 42 25 11.9% $192,143
Daniels County 34 19 32.4% $146,176
Liberty County 27 14 14.8% $138,333
McCone County 17 8 17.6% $193,235
Treasure County 13 7 7.7% $267,308
Golden Valley County 13 6 30.8% $223,462
Wibaux County 13 4 46.1% $124,231
Powder River County 12 5 41.7% $196,667
Garfield County 12 4 16.7% $203,333
Carter County 10 5 30.0% $125,000
Petroleum County 8 3 0.0% $330,000
Prairie County 7 4 14.3% $89,286

Metro Areas in Montana

Frequently Asked Questions

How many mortgage applications were filed in Montana?
In the 2024 HMDA reporting year, 35,594 mortgage applications were filed in Montana. Of these, 19,432 were originated (approved and funded), while 5,335 were denied, resulting in a denial rate of 15.0%.
Where does Montana sit among U.S. states for mortgage volume?
According to CFPB HMDA 2024 application volume across U.S. states and territories, Montana ranks #44 of 54. On origination share (originated divided by applications, 10,000-application floor) it ranks #20 of 52 at 54.6%. The /states hub sorts by application volume for this ranking basis. See /methodology#corpus-placement.
What is the mortgage denial rate in Montana?
The mortgage denial rate in Montana is 15.0%, meaning 15.0% of all applications were denied by lenders. The approval (origination) rate is 54.6%.
What is the average mortgage loan amount in Montana?
The average mortgage loan amount in Montana is $333,206. The average interest rate across all loan types is 7.152%.
How many mortgage lenders operate in Montana?
447 mortgage lenders reported HMDA data for Montana. These include banks, credit unions, and independent mortgage companies that filed lending activity for this state.
How do mortgage denial rates vary by demographics in Montana?
Montana reports demographic lending data under HMDA. White applicants (25,863 applications) have an approval rate of 61.8% and denial rate of 15.7%; Joint applicants (730 applications) have an approval rate of 58.9% and denial rate of 14.3%; American Indian or Alaska Native applicants (493 applications) have an approval rate of 45.6% and denial rate of 28.2%. These figures reflect derived race categories as reported by applicants, and cover only groups with at least 100 applications, since a rate computed on a handful of applications is not readable.
Which counties in Montana have the most mortgage activity?
The top counties by mortgage volume in Montana are Yellowstone County (3,753 originations), Gallatin County (2,265 originations), Flathead County (2,025 originations). There are 56 counties with HMDA mortgage data in the state.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. State geography per U.S. Census Bureau standards.

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Demographic data reflects derived categories as reported by applicants. Provided for informational purposes only.

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. 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.