New Day Financial · Montana · 2025

New Day Financial in Montana: approval rate, denial rate and rates (2025)

New Day Financial took 215 mortgage applications in Montana in 2025, ranking #47 of 553 lenders active in the state. It originated 19.5% of them and denied 19.1% (47.1% of the applications it decided), against a statewide denial rate of 14.8%.

215Applicationsin MT
47.1%Decision denial ratestate 18.7%
6.75%Median ratestate 6.63%
$345,000Median loanstate $275,000
$14MVolume33 counties

New Day Financial in Montana vs the state

19.1%Denial rate+4.25 pts vs state
47.1%Decision denial rate+28.43 pts vs state
19.5%Origination rate-42.45 pts vs state
6.75%Median rate+0.13 pts vs state
0.72Rate spread (pts)+0.48 pts vs state
$80kMedian applicant income
42Loans originated
41Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
20231603023.8%7.31%#37
20242084216.4%7.49%#42
20252154219.1%6.75%#47

What New Day Financial lends in Montana

By loan purpose

Home purchase 7 3% · 0.0% denied
Refinance 23 11% · 0.0% denied
Cash-out refinance 180 84% · 22.2% denied
Other / HELOC 5 2% · 20.0% denied

By loan type

FHA 5 2% · 20.0% denied
VA 210 98% · 19.1% denied

Why it denied Montana applicants

Debt-to-income ratio 19 46%
Credit history 13 32%
Collateral 5 12%
Other 4 10%

Where in Montana

Counties with the most New Day Financial applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 3279 28.1%
Flathead County 2655 19.2%
Cascade County 2282 9.1%
Lewis and Clark County 2233 13.6%
Gallatin County 1114 36.4%
Silver Bow County 1113 27.3%
Lincoln County 1040 0.0%
Ravalli County 1001 10.0%
Missoula County 1000 0.0%
Jefferson County 711 14.3%

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: 215 applications in 2025, of which 42 were originated and 41 denied.

19.1% of all applications, or 47.1% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans New Day Financial originated in Montana in 2025 was 6.75%, against a statewide median of 6.63%.

About this data. Figures are New Day Financial'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