PHH Mortgage · Montana · 2025

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

PHH Mortgage took 75 mortgage applications in Montana in 2025, ranking #72 of 553 lenders active in the state. It originated 44.0% of them and denied 9.3% (17.5% of the applications it decided), against a statewide denial rate of 14.8%.

75Applicationsin MT
17.5%Decision denial ratestate 18.7%
5.75%Median ratestate 6.63%
$335,000Median loanstate $275,000
$13MVolume19 counties

PHH Mortgage in Montana vs the state

9.3%Denial rate-5.49 pts vs state
17.5%Decision denial rate-1.20 pts vs state
44.0%Origination rate-17.98 pts vs state
5.75%Median rate-0.88 pts vs state
-0.15Rate spread (pts)-0.39 pts vs state
$66kMedian applicant income
33Loans originated
7Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023291227.6%7.36%#97
2024612526.2%6.99%#77
202575339.3%5.75%#72

What PHH Mortgage lends in Montana

By loan purpose

Home purchase 1 1% · 0.0% denied
Refinance 47 63% · 6.4% denied
Cash-out refinance 19 25% · 5.3% denied
Home improvement 8 11% · 37.5% denied

By loan type

Conventional 27 36% · 7.4% denied
FHA 41 55% · 9.8% denied
VA 7 9% · 14.3% denied

Why it denied Montana applicants

Collateral 5 71%
Insufficient cash 2 29%

Where in Montana

Counties with the most PHH Mortgage applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Flathead County 1450 0.0%
Ravalli County 1172 18.2%
Missoula County 842 25.0%
Silver Bow County 520 0.0%
Gallatin County 540 0.0%
Yellowstone County 520 0.0%
Lincoln County 410 0.0%
Dawson County 401 25.0%
Lewis and Clark County 301 33.3%
Cascade County 310 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: 75 applications in 2025, of which 33 were originated and 7 denied.

9.3% of all applications, or 17.5% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans PHH Mortgage originated in Montana in 2025 was 5.75%, against a statewide median of 6.63%.

About this data. Figures are PHH Mortgage'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