Commerce Home Mortgage · Montana · 2025

Commerce Home Mortgage in Montana: approval rate, denial rate and rates (2025)

Commerce Home Mortgage took 30 mortgage applications in Montana in 2025, ranking #121 of 553 lenders active in the state. It originated 43.3% of them and denied 23.3% (33.3% of the applications it decided), against a statewide denial rate of 14.8%.

30Applicationsin MT
33.3%Decision denial ratestate 18.7%
8.25%Median ratestate 6.63%
$440,000Median loanstate $275,000
$8.8MVolume9 counties

Commerce Home Mortgage in Montana vs the state

23.3%Denial rate+8.51 pts vs state
33.3%Decision denial rate+14.63 pts vs state
43.3%Origination rate-18.65 pts vs state
8.25%Median rate+1.63 pts vs state
1.89Rate spread (pts)+1.65 pts vs state
$175kMedian applicant income
13Loans originated
7Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202315106.7%8.38%#132
20241278.3%9.00%#159
2025301323.3%8.25%#121

What Commerce Home Mortgage lends in Montana

By loan purpose

Home purchase 16 53% · 6.3% denied
Refinance 3 10% · 33.3% denied
Cash-out refinance 11 37% · 45.5% denied

By loan type

Conventional 30 100% · 23.3% denied

Why it denied Montana applicants

Credit history 3 43%
Collateral 2 29%
Insufficient cash 1 14%
Incomplete application 1 14%

Where in Montana

Counties with the most Commerce Home Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 1261 8.3%
Gallatin County 713 42.9%
Yellowstone County 310 0.0%
Silver Bow County 321 33.3%
Ravalli County 110 0.0%
Lincoln County 110 0.0%
Beaverhead County 101 100.0%
Carbon County 101 100.0%
Lake County 110 0.0%

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: 30 applications in 2025, of which 13 were originated and 7 denied.

23.3% of all applications, or 33.3% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Commerce Home Mortgage originated in Montana in 2025 was 8.25%, against a statewide median of 6.63%.

About this data. Figures are Commerce Home 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