Calcon Mutual Mortgage · Montana · 2025

Calcon Mutual Mortgage in Montana: approval rate, denial rate and rates (2025)

Calcon Mutual Mortgage took 220 mortgage applications in Montana in 2025, ranking #46 of 553 lenders active in the state. It originated 76.4% of them and denied 8.2% (9.6% of the applications it decided), against a statewide denial rate of 14.8%.

220Applicationsin MT
9.6%Decision denial ratestate 18.7%
5.99%Median ratestate 6.63%
$395,000Median loanstate $275,000
$70MVolume23 counties

Calcon Mutual Mortgage in Montana vs the state

8.2%Denial rate-6.64 pts vs state
9.6%Decision denial rate-9.07 pts vs state
76.4%Origination rate+14.38 pts vs state
5.99%Median rate-0.63 pts vs state
0.08Rate spread (pts)-0.16 pts vs state
$117kMedian applicant income
168Loans originated
18Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202387572.3%7.13%#63
2024137918.0%6.63%#52
20252201688.2%5.99%#46

What Calcon Mutual Mortgage lends in Montana

By loan purpose

Home purchase 155 70% · 5.8% denied
Refinance 27 12% · 11.1% denied
Cash-out refinance 34 15% · 11.8% denied
Home improvement 3 1% · 33.3% denied
Other / HELOC 1 0% · 100.0% denied

By loan type

Conventional 138 63% · 7.3% denied
FHA 61 28% · 9.8% denied
VA 20 9% · 10.0% denied
USDA / RHS 1 0% · 0.0% denied

Why it denied Montana applicants

Incomplete application 9 50%
Other 3 17%
Credit history 2 11%
Collateral 2 11%
Unverifiable information 1 6%
Debt-to-income ratio 1 6%

Where in Montana

Counties with the most Calcon Mutual Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 62523 4.8%
Yellowstone County 53442 3.8%
Gallatin County 40227 17.5%
Lewis and Clark County 980 0.0%
Jefferson County 761 14.3%
Silver Bow County 650 0.0%
Lincoln County 550 0.0%
Deer Lodge County 550 0.0%
Park County 420 0.0%
Broadwater 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: 220 applications in 2025, of which 168 were originated and 18 denied.

8.2% of all applications, or 9.6% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Calcon Mutual Mortgage originated in Montana in 2025 was 5.99%, against a statewide median of 6.63%.

About this data. Figures are Calcon Mutual Mortgage'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