American Financing · Montana · 2025

American Financing in Montana: approval rate, denial rate and rates (2025)

American Financing took 141 mortgage applications in Montana in 2025, ranking #54 of 553 lenders active in the state. It originated 31.2% of them and denied 36.2% (51.0% of the applications it decided), against a statewide denial rate of 14.8%.

141Applicationsin MT
51.0%Decision denial ratestate 18.7%
5.99%Median ratestate 6.63%
$265,000Median loanstate $275,000
$13MVolume29 counties

American Financing in Montana vs the state

36.2%Denial rate+21.35 pts vs state
51.0%Decision denial rate+32.30 pts vs state
31.2%Origination rate-30.77 pts vs state
5.99%Median rate-0.63 pts vs state
0.04Rate spread (pts)-0.20 pts vs state
$101kMedian applicant income
44Loans originated
51Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023591739.0%6.63%#72
20241163149.1%5.88%#58
20251414436.2%5.99%#54

What American Financing lends in Montana

By loan purpose

Home purchase 9 6% · 0.0% denied
Refinance 28 20% · 50.0% denied
Cash-out refinance 81 57% · 33.3% denied
Other / HELOC 23 16% · 43.5% denied

By loan type

Conventional 69 49% · 36.2% denied
FHA 55 39% · 34.6% denied
VA 17 12% · 41.2% denied

Why it denied Montana applicants

Other 15 29%
Credit history 12 24%
Debt-to-income ratio 12 24%
Collateral 9 18%
Incomplete application 2 4%
Unverifiable information 1 2%

Where in Montana

Counties with the most American Financing applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 27810 37.0%
Cascade County 1444 28.6%
Lewis and Clark County 1472 14.3%
Flathead County 1326 46.2%
Gallatin County 1043 30.0%
Missoula County 614 66.7%
Lake County 603 50.0%
Stillwater County 522 40.0%
Jefferson County 512 40.0%
Carbon County 411 25.0%

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: 141 applications in 2025, of which 44 were originated and 51 denied.

36.2% of all applications, or 51.0% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans American Financing originated in Montana in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are American Financing'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