Carrington Mortgage Services · Montana · 2025

Carrington Mortgage Services in Montana: approval rate, denial rate and rates (2025)

Carrington Mortgage Services took 128 mortgage applications in Montana in 2025, ranking #58 of 553 lenders active in the state. It originated 33.6% of them and denied 47.7% (55.5% of the applications it decided), against a statewide denial rate of 14.8%.

128Applicationsin MT
55.5%Decision denial ratestate 18.7%
6.63%Median ratestate 6.63%
$220,000Median loanstate $275,000
$11MVolume27 counties

Carrington Mortgage Services in Montana vs the state

47.7%Denial rate+32.84 pts vs state
55.5%Decision denial rate+36.75 pts vs state
33.6%Origination rate-28.39 pts vs state
6.63%Median rate0.00 pts vs state
0.65Rate spread (pts)+0.41 pts vs state
$96kMedian applicant income
43Loans originated
61Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023933145.2%7.13%#57
2024933541.9%6.25%#61
20251284347.7%6.63%#58

What Carrington Mortgage Services lends in Montana

By loan purpose

Home purchase 6 5% · 33.3% denied
Refinance 12 9% · 50.0% denied
Cash-out refinance 110 86% · 48.2% denied

By loan type

Conventional 53 41% · 39.6% denied
FHA 49 38% · 59.2% denied
VA 26 20% · 42.3% denied

Why it denied Montana applicants

Incomplete application 46 75%
Debt-to-income ratio 5 8%
Other 5 8%
Credit history 2 3%
Employment history 2 3%
Insufficient cash 1 2%

Where in Montana

Counties with the most Carrington Mortgage Services applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 331212 36.4%
Ravalli County 1165 45.5%
Missoula County 1024 40.0%
Flathead County 953 33.3%
Lewis and Clark County 715 71.4%
Gallatin County 723 42.9%
Jefferson County 724 57.1%
Silver Bow County 613 50.0%
Cascade County 513 60.0%
Musselshell County 403 75.0%

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: 128 applications in 2025, of which 43 were originated and 61 denied.

47.7% of all applications, or 55.5% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Carrington Mortgage Services originated in Montana in 2025 was 6.63%, against a statewide median of 6.63%.

About this data. Figures are Carrington Mortgage Services'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