Veritas Funding · Montana · 2025

Veritas Funding in Montana: approval rate, denial rate and rates (2025)

Veritas Funding took 28 mortgage applications in Montana in 2025, ranking #124 of 553 lenders active in the state. It originated 60.7% of them and denied 7.1% (10.0% of the applications it decided), against a statewide denial rate of 14.8%.

28Applicationsin MT
10.0%Decision denial ratestate 18.7%
6.25%Median ratestate 6.63%
$305,000Median loanstate $275,000
$4.9MVolume11 counties

Veritas Funding in Montana vs the state

7.1%Denial rate-7.68 pts vs state
10.0%Decision denial rate-8.70 pts vs state
60.7%Origination rate-1.27 pts vs state
6.25%Median rate-0.38 pts vs state
0.11Rate spread (pts)-0.13 pts vs state
$73kMedian applicant income
17Loans originated
2Denied

Trend in Montana

YearApplicationsOriginatedDenial rateMedian rateRank in state
2023620.0%6.63%#204
202426819.2%6.25%#114
202528177.1%6.25%#124

What Veritas Funding lends in Montana

By loan purpose

Home purchase 1 4% · 0.0% denied
Refinance 3 11% · 0.0% denied
Cash-out refinance 24 86% · 8.3% denied

By loan type

Conventional 2 7% · 0.0% denied
FHA 17 61% · 11.8% denied
VA 9 32% · 0.0% denied

Why it denied Montana applicants

Collateral 2 100%

Where in Montana

Counties with the most Veritas Funding applications in 2025.

CountyApplicationsOriginatedDeniedDenial rate
Yellowstone County 840 0.0%
Flathead County 520 0.0%
Silver Bow County 440 0.0%
Cascade County 311 33.3%
Lewis and Clark County 220 0.0%
Jefferson County 100 0.0%
Missoula County 110 0.0%
Valley County 110 0.0%
Roosevelt County 101 100.0%
Sanders County 110 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: 28 applications in 2025, of which 17 were originated and 2 denied.

7.1% of all applications, or 10.0% of the applications it actually decided on. The Montana statewide average across all lenders was 14.8%.

The median rate on loans Veritas Funding originated in Montana in 2025 was 6.25%, against a statewide median of 6.63%.

About this data. Figures are Veritas Funding'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