Sofi Bank in Montana vs the state
9.4%Denial rate-5.44 pts vs state
21.9%Decision denial rate+3.18 pts vs state
32.1%Origination rate-29.84 pts vs state
7.06%Median rate+0.43 pts vs state
1.30Rate spread (pts)+1.06 pts vs state
$119kMedian applicant income
72Loans originated
21Denied
Trend in Montana
| Year | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| 2023 | 31 | 10 | 9.7% | 6.75% | #92 |
| 2024 | 74 | 34 | 18.9% | 6.63% | #68 |
| 2025 | 224 | 72 | 9.4% | 7.06% | #44 |
What Sofi Bank lends in Montana
By loan purpose
By loan type
Why it denied Montana applicants
Where in Montana
Counties with the most Sofi Bank applications in 2025.
| County | Applications | Originated | Denied | Denial rate |
|---|---|---|---|---|
| Lewis and Clark County | 40 | 17 | 3 | 7.5% |
| Missoula County | 32 | 11 | 3 | 9.4% |
| Gallatin County | 28 | 10 | 1 | 3.6% |
| Yellowstone County | 22 | 8 | 2 | 9.1% |
| Cascade County | 21 | 7 | 2 | 9.5% |
| Flathead County | 15 | 3 | 2 | 13.3% |
| Jefferson County | 8 | 1 | 2 | 25.0% |
| Park County | 6 | 2 | 0 | 0.0% |
| Richland County | 6 | 1 | 2 | 33.3% |
| Silver Bow County | 6 | 1 | 1 | 16.7% |
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: 224 applications in 2025, of which 72 were originated and 21 denied.
9.4% of all applications, or 21.9% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.
The median rate on loans Sofi Bank originated in Montana in 2025 was 7.06%, against a statewide median of 6.63%.
About this data. Figures are Sofi Bank'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