Lake County, Montana · 2025

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

139 lenders acted on 899 mortgage applications for properties in Lake County in 2025. 17.8% were denied (Montana: 14.8%). Median rate on closed loans 6.75%; median loan $305,000; median property value $625,000.

899Applications
17.8%Denial ratestate 14.8%
6.75%Median ratestate 6.63%
$305,000Median loan
$625,000Median property value

Largest lenders in Lake County

#LenderGradeApplicationsOriginatedDenial rateMedian rate
1 Glacier Bank D 15594 16.1%7.25%
2 United Shore Financial Services B 6448 7.8%6.25%
3 First Interstate Bank D 5235 21.2%8.13%
4 Rocket Mortgage C 4729 27.7%6.99%
5 Crosscountry Mortgage B 4529 2.2%6.58%
6 Pennymac Loan Services C 3214 12.5%6.19%
7 Newrez D 2611 23.1%6.88%
8 Stockman Bank of Montana B 1812 5.6%7.18%
9 Mortgage Research Center C 189 16.7%6.13%
10 Loandepot.Com D 178 23.5%7.19%
11 Broker Solutions D 164 12.5%6.75%
12 Discover Bank F 152 66.7%7.62%
13 Kind Lending C 1511 13.3%6.50%
14 Freedom Mortgage B 136 0.0%5.75%
15 Navy Federal Credit Union D 134 15.4%7.00%
16 TrailWest Bank C 1310 7.7%
17 U.S. Bank D 1210 8.3%6.81%
18 Guild Mortgage A 119 0.0%5.88%
19 Envoy Mortgage D 107 0.0%6.13%
20 Figure Lending C 104 30.0%8.68%
21 Bank of America F 96 11.1%5.56%
22 Spring Eq D 93 55.6%11.53%
23 Opportunity Bank of Montana B 96 0.0%6.94%
24 Barrington Bank & Trust Company C 85 0.0%6.25%
25 AmeriSave Mortgage D 81 87.5%8.63%

Best approval odds in Lake County

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

#LenderDecidedDecision denial rate
1United Shore Financial Services559.1%
2Glacier Bank12020.8%

What Lake County borrowers applied for

By loan purpose

Home purchase 327 36% · 11.0% denied
Refinance 177 20% · 13.6% denied
Cash-out refinance 195 22% · 24.6% denied
Home improvement 93 10% · 25.8% denied
Other / HELOC 107 12% · 26.2% denied

By loan type

Conventional 677 75% · 18.2% denied
FHA 82 9% · 18.3% denied
VA 135 15% · 14.8% denied
USDA / RHS 5 1% · 40.0% denied

Why applications were denied

Debt-to-income ratio 61 39%
Collateral 34 22%
Credit history 25 16%
Incomplete application 17 11%
Other 13 8%
Insufficient cash 5 3%
Unverifiable information 3 2%

Lake County by year

YearApplicationsOriginatedDenial rateMedian rateMedian loan
202363033922.4%7.25%$275,000
202472241419.1%7.13%$275,000
202589950917.8%6.75%$305,000

Frequently asked questions

17.8% of applications in Lake County were denied in 2025, against 14.8% statewide in Montana.

Glacier Bank, with 155 applications in 2025 and a denial rate of 16.1%.

The median mortgage application in Lake County in 2025 was for $305,000; the median property value on originated loans was $625,000.