U.S. Bank · Montana · 2025

U.S. Bank in Montana: approval rate, denial rate and rates (2025)

U.S. Bank took 1,024 mortgage applications in Montana in 2025, ranking #7 of 553 lenders active in the state. It originated 52.5% of them and denied 27.1% (33.3% of the applications it decided), against a statewide denial rate of 14.8%.

1.0kApplicationsin MT
33.3%Decision denial ratestate 18.7%
7.13%Median ratestate 6.63%
$175,000Median loanstate $275,000
$203MVolume42 counties

U.S. Bank in Montana vs the state

27.1%Denial rate+12.23 pts vs state
33.3%Decision denial rate+14.55 pts vs state
52.5%Origination rate-9.44 pts vs state
7.13%Median rate+0.50 pts vs state
0.45Rate spread (pts)+0.21 pts vs state
$120kMedian applicant income
538Loans originated
277Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
202398052032.6%7.63%#6
202498051829.1%7.63%#7
20251,02453827.1%7.13%#7

What U.S. Bank lends in Montana

By loan purpose

Home purchase 346 34% · 11.9% denied
Refinance 65 6% · 7.7% denied
Cash-out refinance 128 13% · 21.1% denied
Home improvement 212 21% · 39.2% denied
Other / HELOC 273 27% · 44.3% denied

By loan type

Conventional 999 98% · 27.4% denied
FHA 12 1% · 16.7% denied
VA 11 1% · 9.1% denied
USDA / RHS 2 0% · 0.0% denied

Why it denied Montana applicants

Debt-to-income ratio 121 44%
Collateral 71 26%
Credit history 58 21%
Unverifiable information 11 4%
Other 11 4%
Incomplete application 3 1%
Insufficient cash 2 1%

Where in Montana

Counties with the most U.S. Bank applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Gallatin County 18310539 21.3%
Yellowstone County 18210041 22.5%
Missoula County 1004242 42.0%
Lewis and Clark County 996316 16.2%
Flathead County 894626 29.2%
Cascade County 884624 27.3%
Ravalli County 512416 31.4%
Silver Bow County 321513 40.6%
Madison County 1894 22.2%
Hill County 1583 20.0%

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%
First Interstate BankD 98722.9%8.25%
Mortgage Research CenterC 94016.7%6.13%
Crosscountry MortgageB 9205.1%6.63%
Guaranteed RateB 7586.3%6.50%

Frequently asked questions

Montana: 1,024 applications in 2025, of which 538 were originated and 277 denied.

27.1% of all applications, or 33.3% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans U.S. Bank originated in Montana in 2025 was 7.13%, against a statewide median of 6.63%.

About this data. Figures are U.S. 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