Lendage · Montana · 2025

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

Lendage took 63 mortgage applications in Montana in 2025, ranking #78 of 553 lenders active in the state. It originated 65.1% of them and denied 14.3% (16.7% of the applications it decided), against a statewide denial rate of 14.8%.

63Applicationsin MT
16.7%Decision denial ratestate 18.7%
10.75%Median ratestate 6.63%
$55,000Median loanstate $275,000
$2.8MVolume16 counties

Lendage in Montana vs the state

14.3%Denial rate-0.53 pts vs state
16.7%Decision denial rate-2.03 pts vs state
65.1%Origination rate+3.10 pts vs state
10.75%Median rate+4.13 pts vs state
4.58Rate spread (pts)+4.34 pts vs state
$115kMedian applicant income
41Loans originated
9Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023362713.9%13.25%#90
2024584013.8%12.75%#79
2025634114.3%10.75%#78

What Lendage lends in Montana

By loan purpose

Refinance 8 13% · 0.0% denied
Cash-out refinance 2 3% · 100.0% denied
Home improvement 5 8% · 40.0% denied
Other / HELOC 48 76% · 10.4% denied

By loan type

Conventional 63 100% · 14.3% denied

Why it denied Montana applicants

Debt-to-income ratio 4 44%
Other 3 33%
Credit history 1 11%
Collateral 1 11%

Where in Montana

Counties with the most Lendage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 1282 16.7%
Lewis and Clark County 952 22.2%
Flathead County 850 0.0%
Missoula County 732 28.6%
Silver Bow County 550 0.0%
Pondera County 421 25.0%
Cascade County 311 33.3%
Gallatin County 330 0.0%
Lincoln County 330 0.0%
Jefferson County 220 0.0%

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: 63 applications in 2025, of which 41 were originated and 9 denied.

14.3% of all applications, or 16.7% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Lendage originated in Montana in 2025 was 10.75%, against a statewide median of 6.63%.

About this data. Figures are Lendage'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