Freedom Mortgage · Montana · 2025

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

Freedom Mortgage took 724 mortgage applications in Montana in 2025, ranking #13 of 553 lenders active in the state. It originated 45.7% of them and denied 8.6% (13.8% of the applications it decided), against a statewide denial rate of 14.8%.

724Applicationsin MT
13.8%Decision denial ratestate 18.7%
6.00%Median ratestate 6.63%
$335,000Median loanstate $275,000
$125MVolume40 counties

Freedom Mortgage in Montana vs the state

8.6%Denial rate-6.26 pts vs state
13.8%Decision denial rate-4.89 pts vs state
45.7%Origination rate-16.26 pts vs state
6.00%Median rate-0.63 pts vs state
-0.17Rate spread (pts)-0.41 pts vs state
$98kMedian applicant income
331Loans originated
62Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231757914.3%6.75%#33
20244582088.1%6.25%#17
20257243318.6%6.00%#13

What Freedom Mortgage lends in Montana

By loan purpose

Home purchase 37 5% · 8.1% denied
Refinance 383 53% · 1.8% denied
Cash-out refinance 301 42% · 17.3% denied
Other / HELOC 3 0% · 0.0% denied

By loan type

Conventional 86 12% · 14.0% denied
FHA 231 32% · 12.1% denied
VA 407 56% · 5.4% denied

Why it denied Montana applicants

Collateral 39 63%
Debt-to-income ratio 9 15%
Credit history 8 13%
Insufficient cash 2 3%
Other 2 3%
Unverifiable information 1 2%
Incomplete application 1 2%

Where in Montana

Counties with the most Freedom Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Cascade County 1467610 6.8%
Yellowstone County 1195714 11.8%
Lewis and Clark County 73380 0.0%
Flathead County 58245 8.6%
Missoula County 55292 3.6%
Gallatin County 51138 15.7%
Silver Bow County 30155 16.7%
Ravalli County 2693 11.5%
Lake County 1360 0.0%
Park County 1362 15.4%

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: 724 applications in 2025, of which 331 were originated and 62 denied.

8.6% of all applications, or 13.8% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Freedom Mortgage originated in Montana in 2025 was 6.00%, against a statewide median of 6.63%.

About this data. Figures are Freedom 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