Largest lenders in Carbon County
| # | Lender | Grade | Applications | Originated | Denial rate | Median rate |
|---|---|---|---|---|---|---|
| 1 | Altana Federal Credit Union | A | 40 | 23 | 32.5% | 6.25% |
| 2 | Bank of Bridger | A | 37 | 32 | 10.8% | — |
| 3 | United Shore Financial Services | B | 28 | 20 | 14.3% | 6.56% |
| 4 | Rocket Mortgage | C | 26 | 20 | 15.4% | 6.81% |
| 5 | Glacier Bank | D | 25 | 18 | 8.0% | 7.45% |
| 6 | Stockman Bank of Montana | B | 22 | 12 | 0.0% | 6.88% |
| 7 | Evergreen Moneysource Mortgage | B | 22 | 14 | 4.6% | 6.56% |
| 8 | First Interstate Bank | D | 19 | 10 | 42.1% | 7.75% |
| 9 | The Yellowstone Bank | B | 18 | 10 | 0.0% | — |
| 10 | Guaranteed Rate | B | 15 | 12 | 0.0% | 6.75% |
| 11 | U.S. Bank | D | 13 | 7 | 7.7% | 6.63% |
| 12 | Valley Financial Credit Union | D | 11 | 9 | 18.2% | 7.24% |
| 13 | Opportunity Bank of Montana | B | 11 | 7 | 0.0% | 7.25% |
| 14 | Broker Solutions | D | 9 | 3 | 11.1% | 6.13% |
| 15 | 21st Mortgage | F | 8 | 2 | 50.0% | 9.44% |
| 16 | Guild Mortgage | A | 8 | 6 | 0.0% | 6.50% |
| 17 | Pennymac Loan Services | C | 6 | 5 | 0.0% | 5.63% |
| 18 | Mortgage Research Center | C | 6 | 2 | 16.7% | 6.50% |
| 19 | Mountain America Federal Credit Union | D | 6 | 4 | 0.0% | 6.00% |
| 20 | First Federal Bank & Trust | B | 6 | 5 | 16.7% | — |
| 21 | Wells Fargo Bank | B | 5 | 4 | 0.0% | 6.75% |
| 22 | AmeriSave Mortgage | D | 5 | 0 | 100.0% | — |
| 23 | Crosscountry Mortgage | B | 5 | 2 | 20.0% | 6.25% |
| 24 | Lower | C | 5 | 4 | 0.0% | 5.94% |
| 25 | Spring Eq | D | 5 | 1 | 80.0% | 7.20% |
What Carbon County borrowers applied for
By loan purpose
By loan type
Why applications were denied
Carbon County by year
| Year | Applications | Originated | Denial rate | Median rate | Median loan |
|---|---|---|---|---|---|
| 2023 | 387 | 230 | 18.6% | 7.00% | $255,000 |
| 2024 | 435 | 270 | 16.3% | 6.63% | $255,000 |
| 2025 | 480 | 303 | 14.6% | 6.63% | $275,000 |
Frequently asked questions
14.6% of applications in Carbon County were denied in 2025, against 14.8% statewide in Montana.
Altana Federal Credit Union, with 40 applications in 2025 and a denial rate of 32.5%.
The median mortgage application in Carbon County in 2025 was for $275,000; the median property value on originated loans was $535,000.