Finance of America Reverse · Montana · 2025

Finance of America Reverse in Montana: approval rate, denial rate and rates (2025)

Finance of America Reverse took 71 mortgage applications in Montana in 2025, ranking #76 of 553 lenders active in the state. It originated 57.8% of them and denied 21.1% (25.9% of the applications it decided), against a statewide denial rate of 14.8%.

71Applicationsin MT
25.9%Decision denial ratestate 18.7%
6.38%Median ratestate 6.63%
$235,000Median loanstate $275,000
$12MVolume18 counties

Finance of America Reverse in Montana vs the state

21.1%Denial rate+6.31 pts vs state
25.9%Decision denial rate+7.16 pts vs state
57.8%Origination rate-4.23 pts vs state
6.38%Median rate-0.25 pts vs state
Rate spread (pts)
$34kMedian applicant income
41Loans originated
15Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202358398.6%7.68%#73
2024805110.0%7.05%#67
2025714121.1%6.38%#76

What Finance of America Reverse lends in Montana

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 38 54% · 18.4% denied
Home improvement 3 4% · 0.0% denied
Other / HELOC 29 41% · 27.6% denied

By loan type

Conventional 24 34% · 33.3% denied
FHA 47 66% · 14.9% denied

Why it denied Montana applicants

Collateral 7 47%
Other 4 27%
Unverifiable information 2 13%
Debt-to-income ratio 2 13%

Where in Montana

Counties with the most Finance of America Reverse applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 1382 15.4%
Yellowstone County 962 22.2%
Missoula County 851 12.5%
Cascade County 751 14.3%
Gallatin County 613 50.0%
Lewis and Clark County 541 20.0%
Ravalli County 421 25.0%
Lincoln County 321 33.3%
Lake County 310 0.0%
Mineral County 321 33.3%

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: 71 applications in 2025, of which 41 were originated and 15 denied.

21.1% of all applications, or 25.9% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Finance of America Reverse originated in Montana in 2025 was 6.38%, against a statewide median of 6.63%.

About this data. Figures are Finance of America Reverse'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