Montana’s FHA denial rate in 2025 was 21.2% across 3,227 decisioned applications — ranking #32 of 52 states. Among high-volume lenders, the lowest observed denial rate was Evergreen Moneysource Mortgage C at 2.2%; the highest was Glacier Bank at 29.6%. The institutional spread inside Montana is 13.5×: the same FHA application faces a 2.2% observed denial rate at one high-volume door and 29.6% at another — two real endpoints of the federal record, same state, same program. Source: complete CFPB HMDA 2025 federal record.
Cells require 100+ decisioned applications. Sorted softest first. Observed rates — not endorsements.
| Lender | Montana FHA apps | Denial rate |
|---|---|---|
| Evergreen Moneysource Mortgage C | 182 | 2.2% |
| Guild Mortgage Company | 158 | 5.7% |
| Opportunity Bank Of Montana | 121 | 7.4% |
| Stockman Bank Of Montana | 183 | 9.3% |
| Crosscountry Mortgage, LLC | 116 | 9.5% |
| Freedom Mortgage Corporation | 130 | 21.5% |
| United Wholesale Mortgage | 258 | 22.1% |
| Rocket Mortgage | 253 | 26.9% |
| Glacier Bank | 135 | 29.6% |
Applications under $150K were denied 43.3% of the time versus 16.8% for loans of $250K+ — a 2.6× penalty on the smallest loans. National context: the small-loan penalty.
The Home Mortgage Disclosure Act requires every U.S. mortgage lender to report every application — outcome, amount, and denial reason — to federal regulators annually. It is government-verified, covers all lenders equally, and cannot be gamed. These tables are processed directly from that record.
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