Independence Bank in Montana vs the state
9.2%Denial rate-5.65 pts vs state
10.1%Decision denial rate-8.61 pts vs state
79.2%Origination rate+17.19 pts vs state
—Median rate
—Rate spread (pts)
$128kMedian applicant income
95Loans originated
11Denied
Trend in Montana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 102 | 82 | 12.8% | — | #55 |
| 2024 | 120 | 94 | 10.0% | — | #56 |
| 2025 | 120 | 95 | 9.2% | — | #61 |
What Independence Bank lends in Montana
By loan purpose
By loan type
Where in Montana
Counties with the most Independence Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Hill County | 30 | 25 | 0 | 0.0% |
| Cascade County | 15 | 11 | 3 | 20.0% |
| Valley County | 13 | 9 | 3 | 23.1% |
| Lewis and Clark County | 12 | 10 | 1 | 8.3% |
| Roosevelt County | 7 | 4 | 3 | 42.9% |
| Phillips County | 7 | 7 | 0 | 0.0% |
| Blaine County | 5 | 4 | 0 | 0.0% |
| Daniels County | 4 | 4 | 0 | 0.0% |
| Missoula County | 3 | 2 | 0 | 0.0% |
| Pondera County | 3 | 2 | 1 | 33.3% |
Other large lenders in Montana
| Lender | Grade | Applications | Denial rate | Median rate |
|---|---|---|---|---|
| Glacier Bank | D | 3,018 | 16.2% | 7.25% |
| Stockman Bank of Montana | B | 2,911 | 6.3% | 6.88% |
| Rocket Mortgage | C | 1,999 | 17.5% | 6.75% |
| United Shore Financial Services | B | 1,857 | 9.2% | 6.25% |
| Opportunity Bank of Montana | B | 1,608 | 9.8% | 6.88% |
| Evergreen Moneysource Mortgage | B | 1,158 | 1.1% | 6.25% |
| U.S. Bank | D | 1,024 | 27.1% | 7.13% |
| First Interstate Bank | D | 987 | 22.9% | 8.25% |
| Mortgage Research Center | C | 940 | 16.7% | 6.13% |
| Crosscountry Mortgage | B | 920 | 5.1% | 6.63% |
Frequently asked questions
Montana: 120 applications in 2025, of which 95 were originated and 11 denied.
9.2% of all applications, or 10.1% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.
This lender did not report interest rates on its originated loans (some institutions are exempt from HMDA pricing fields).
About this data. Figures are Independence 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