Custer County, Montana · 2025

Mortgage lenders in Custer County, MT: denial rates and top lenders (2025)

50 lenders acted on 339 mortgage applications for properties in Custer County in 2025. 15.0% were denied (Montana: 14.8%). Median rate on closed loans 6.75%; median loan $165,000; median property value $255,000.

339Applications
15.0%Denial ratestate 14.8%
6.75%Median ratestate 6.63%
$165,000Median loan
$255,000Median property value

Largest lenders in Custer County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Stockman Bank of Montana B 10384 5.8%6.75%
2 United Shore Financial Services B 3627 13.9%6.48%
3 Rocket Mortgage C 2919 24.1%6.99%
4 First Interstate Bank D 2817 17.9%8.38%
5 Mortgage Research Center C 148 7.1%6.38%
6 U.S. Bank D 1311 7.7%8.15%
7 Freedom Mortgage B 100 20.0%
8 Pennymac Loan Services C 83 0.0%6.13%
9 AmeriSave Mortgage D 82 75.0%8.06%
10 Broker Solutions D 62 0.0%7.06%
11 Loandepot.Com D 64 16.7%8.68%
12 Paramount Residential Mortgage Group B 65 0.0%6.25%
13 Wells Fargo Bank B 53 0.0%6.75%
14 Spring Eq D 50 60.0%

Best approval odds in Custer County

Lowest decision denial rate among lenders that decided at least 50 applications here in 2025.

#LenderDecidedDecision denial rate
1Stockman Bank of Montana926.5%

What Custer County borrowers applied for

By loan purpose

Home purchase 156 46% · 8.3% denied
Refinance 48 14% · 14.6% denied
Cash-out refinance 66 19% · 27.3% denied
Home improvement 35 10% · 22.9% denied
Other / HELOC 34 10% · 14.7% denied

By loan type

Conventional 225 66% · 12.4% denied
FHA 69 20% · 24.6% denied
VA 38 11% · 15.8% denied
USDA / RHS 7 2% · 0.0% denied

Why applications were denied

Collateral 16 31%
Debt-to-income ratio 12 24%
Incomplete application 10 20%
Credit history 5 10%
Insufficient cash 4 8%
Unverifiable information 3 6%
Other 1 2%

Custer County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202325816514.0%6.78%$150,000
202424615313.4%6.99%$155,000
202533921815.0%6.75%$165,000

Frequently asked questions

15.0% of applications in Custer County were denied in 2025, against 14.8% statewide in Montana.

Stockman Bank of Montana, with 103 applications in 2025 and a denial rate of 5.8%.

The median mortgage application in Custer County in 2025 was for $165,000; the median property value on originated loans was $255,000.