RCN Capital in Montana vs the state
71.4%Denial rate+56.61 pts vs state
83.3%Decision denial rate+64.63 pts vs state
14.3%Origination rate-47.69 pts vs state
11.24%Median rate+4.62 pts vs state
—Rate spread (pts)
—Median applicant income
1Loans originated
5Denied
Trend in Montana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 8 | 2 | 25.0% | 9.08% | #167 |
| 2024 | 13 | 4 | 38.5% | 8.74% | #152 |
| 2025 | 7 | 1 | 71.4% | 11.24% | #209 |
What RCN Capital lends in Montana
By loan purpose
By loan type
Why it denied Montana applicants
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: 7 applications in 2025, of which 1 were originated and 5 denied.
71.4% of all applications, or 83.3% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.
The median rate on loans RCN Capital originated in Montana in 2025 was 11.24%, against a statewide median of 6.63%.
About this data. Figures are RCN Capital'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