Discover Bank · Montana · 2025

Discover Bank in Montana: approval rate, denial rate and rates (2025)

Discover Bank took 232 mortgage applications in Montana in 2025, ranking #43 of 553 lenders active in the state. It originated 16.0% of them and denied 52.2% (75.6% of the applications it decided), against a statewide denial rate of 14.8%.

232Applicationsin MT
75.6%Decision denial ratestate 18.7%
8.43%Median ratestate 6.63%
$65,000Median loanstate $275,000
$3.9MVolume30 counties

Discover Bank in Montana vs the state

52.2%Denial rate+37.34 pts vs state
75.6%Decision denial rate+56.93 pts vs state
16.0%Origination rate-46.03 pts vs state
8.43%Median rate+1.80 pts vs state
1.83Rate spread (pts)+1.59 pts vs state
$96kMedian applicant income
37Loans originated
121Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20237139144.2%8.74%#8
202475712150.5%8.73%#11
20252323752.2%8.43%#43

What Discover Bank lends in Montana

By loan purpose

Home purchase 17 7% · 64.7% denied
Refinance 43 19% · 53.5% denied
Home improvement 55 24% · 41.8% denied
Other / HELOC 117 50% · 54.7% denied

By loan type

Conventional 232 100% · 52.2% denied

Why it denied Montana applicants

Credit history 41 34%
Debt-to-income ratio 32 26%
Incomplete application 21 17%
Collateral 16 13%
Other 11 9%

Where in Montana

Counties with the most Discover Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 42429 69.0%
Lewis and Clark County 321016 50.0%
Missoula County 22412 54.5%
Flathead County 21312 57.1%
Gallatin County 18211 61.1%
Ravalli County 1526 40.0%
Lake County 15210 66.7%
Cascade County 1323 23.1%
Park County 906 66.7%
Jefferson County 512 40.0%

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: 232 applications in 2025, of which 37 were originated and 121 denied.

52.2% of all applications, or 75.6% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Discover Bank originated in Montana in 2025 was 8.43%, against a statewide median of 6.63%.

About this data. Figures are Discover Bank'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