Glacier Bank · Montana · 2025

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

Glacier Bank took 3,018 mortgage applications in Montana in 2025, ranking #1 of 553 lenders active in the state. It originated 63.1% of them and denied 16.2% (20.3% of the applications it decided), against a statewide denial rate of 14.8%.

3.0kApplicationsin MT
20.3%Decision denial ratestate 18.7%
7.25%Median ratestate 6.63%
$255,000Median loanstate $275,000
$771MVolume45 counties

Glacier Bank in Montana vs the state

16.2%Denial rate+1.38 pts vs state
20.3%Decision denial rate+1.58 pts vs state
63.1%Origination rate+1.11 pts vs state
7.25%Median rate+0.63 pts vs state
0.42Rate spread (pts)+0.18 pts vs state
$120kMedian applicant income
1,904Loans originated
489Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20232,8551,73816.9%8.25%#1
20242,7281,65517.9%8.00%#1
20253,0181,90416.2%7.25%#1

What Glacier Bank lends in Montana

By loan purpose

Home purchase 1,568 52% · 14.2% denied
Refinance 444 15% · 13.7% denied
Cash-out refinance 159 5% · 18.9% denied
Home improvement 545 18% · 20.4% denied
Other / HELOC 302 10% · 21.5% denied

By loan type

Conventional 2,773 92% · 15.6% denied
FHA 168 6% · 23.8% denied
VA 56 2% · 10.7% denied
USDA / RHS 21 1% · 47.6% denied

Why it denied Montana applicants

Debt-to-income ratio 303 62%
Collateral 96 20%
Credit history 58 12%
Insufficient cash 17 3%
Employment history 8 2%
Other 6 1%
Unverifiable information 1 0%

Where in Montana

Counties with the most Glacier Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 48931475 15.3%
Yellowstone County 39525756 14.2%
Gallatin County 35522058 16.3%
Missoula County 33721353 15.7%
Lewis and Clark County 32219656 17.4%
Lake County 1559425 16.1%
Lincoln County 1479631 21.1%
Silver Bow County 1298918 14.0%
Ravalli County 936115 16.1%
Fergus County 815210 12.3%

Other large lenders in Montana

LenderGradeApplicationsDenial rateMedian rate
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%
Guaranteed RateB 7586.3%6.50%

Frequently asked questions

Montana: 3,018 applications in 2025, of which 1,904 were originated and 489 denied.

16.2% of all applications, or 20.3% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Glacier Bank originated in Montana in 2025 was 7.25%, against a statewide median of 6.63%.

About this data. Figures are Glacier 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