Altana Federal Credit Union · Montana · 2025

Altana Federal Credit Union in Montana: approval rate, denial rate and rates (2025)

Altana Federal Credit Union took 474 mortgage applications in Montana in 2025, ranking #17 of 553 lenders active in the state. It originated 75.1% of them and denied 17.7% (18.9% of the applications it decided), against a statewide denial rate of 14.8%.

474Applicationsin MT
18.9%Decision denial ratestate 18.7%
6.25%Median ratestate 6.63%
$95,000Median loanstate $275,000
$55MVolume21 counties

Altana Federal Credit Union in Montana vs the state

17.7%Denial rate+2.90 pts vs state
18.9%Decision denial rate+0.22 pts vs state
75.1%Origination rate+13.13 pts vs state
6.25%Median rate-0.38 pts vs state
-0.90Rate spread (pts)-1.14 pts vs state
$116kMedian applicant income
356Loans originated
84Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202317811724.2%6.95%#32
202454442115.1%6.25%#13
202547435617.7%6.25%#17

What Altana Federal Credit Union lends in Montana

By loan purpose

Home purchase 66 14% · 13.6% denied
Refinance 91 19% · 12.1% denied
Cash-out refinance 7 1% · 14.3% denied
Home improvement 170 36% · 19.4% denied
Other / HELOC 140 30% · 21.4% denied

By loan type

Conventional 472 100% · 17.4% denied
VA 2 0% · 100.0% denied

Why it denied Montana applicants

Debt-to-income ratio 31 37%
Credit history 28 33%
Other 11 13%
Collateral 8 10%
Employment history 3 4%
Unverifiable information 2 2%
Insufficient cash 1 1%

Where in Montana

Counties with the most Altana Federal Credit Union applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 32525354 16.6%
Stillwater County 45338 17.8%
Carbon County 402313 32.5%
Hill County 29232 6.9%
Gallatin County 962 22.2%
Blaine County 531 20.0%
Silver Bow County 330 0.0%
Toole County 320 0.0%
Flathead County 202 100.0%
Missoula County 211 50.0%

Other large lenders in Montana

LenderGradeApplicationsDenial rateMedian rate
Glacier BankD 3,01816.2%7.25%
Stockman Bank of MontanaB 2,9116.3%6.88%
Rocket MortgageC 1,99917.5%6.75%
United Shore Financial ServicesB 1,8579.2%6.25%
Opportunity Bank of MontanaB 1,6089.8%6.88%
Evergreen Moneysource MortgageB 1,1581.1%6.25%
U.S. BankD 1,02427.1%7.13%
First Interstate BankD 98722.9%8.25%
Mortgage Research CenterC 94016.7%6.13%
Crosscountry MortgageB 9205.1%6.63%

Frequently asked questions

Montana: 474 applications in 2025, of which 356 were originated and 84 denied.

17.7% of all applications, or 18.9% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Altana Federal Credit Union originated in Montana in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Altana Federal Credit Union's own HMDA filing for properties located in Montana, 2025. The grade is national; state-level figures are shown for context and are not separately graded. Methodology