Montgomery Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 412 home-equity (HELOC) lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
86th13.2% deniedPricingmedian rate spread over APOR, weight 30%
14th0.76 ptsProcesswithdrawn + incomplete share, weight 15%
75th8.1%Closing coststotal loan costs ÷ loan amount, weight 10%
62nd2.71% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 433 | 354 | 8.8% | 9.4% | — | $65M |
| 2024 | 456 | 341 | 11.8% | 13.1% | — | $70M |
| 2025 | 455 | 349 | 12.1% | 13.2% | 7.63% | $71M |
What Montgomery Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 233 home-equity lines, 0 reverse mortgages, 6 manufactured homes, 65 investment properties.
Why Montgomery Bank denies applications
Primary reason reported for each of the 55 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at Montgomery Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| Under $50k | 70 | 51 | 16.9% |
| $50k – $100k | 138 | 103 | 16.4% |
| $100k – $150k | 74 | 59 | 10.6% |
| $150k – $250k | 65 | 51 | 6.9% |
| Over $250k | 44 | 37 | 2.5% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 58 | 43 | 14.0% |
| 35–44 | 92 | 75 | 13.6% |
| 45–54 | 87 | 67 | 16.3% |
| 55–64 | 77 | 56 | 11.4% |
| 65–74 | 56 | 39 | 12.0% |
| Over 74 | 29 | 23 | 14.8% |
Where Montgomery Bank lends
12 states and 35 counties in 2025. Click a state for the lender's full record there.
Frequently asked questions
Montgomery Bank denied 13.2% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 86th percentile of home-equity (HELOC) lenders.
The most common reason Montgomery Bank gave in 2025 was "credit history", cited on 32.7% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans Montgomery Bank originated in 2025 was 7.63%, and its median rate spread over the average prime offer rate was 0.76 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 33% of its applications were for home purchases, 32% for refinancing (including cash-out), and 35% for home improvement or other purposes. By loan type: 100% conventional, 0% FHA, 0% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.