By the Wirly Editorial Team | AI-assisted, human-reviewed
Mortgage Refinancing in Montana
Real refinance data for Montana from federal sources, updated annually. See how your state compares to national averages.
Refinance Originations
2,423
2024 HMDA data
Avg Loan Amount
$366,705
National: $428,119
Denial Rate
18.17%
▲ Below national avg
Median Home Value
$338,100
U.S. Census Bureau
Source: HMDA 2024 via CFPB, U.S. Census Bureau ACS
Calculate your refinance savingsRefinance Trends in Montana
Originations by Year
Refinance originations in Montana by year. Source: HMDA via CFPB.
Loan Type Breakdown
Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.
Home Price Trends in Montana
Source: FHFA House Price Index
Top Lenders in Montana
| # | Lender | HMDA Records | Avg Loan |
|---|---|---|---|
| 1 | Glacier Bank | 4,597 | - |
| 2 | Stockman Bank Of Montana | 3,520 | - |
| 3 | Opportunity Bank Of Montana | 3,069 | - |
| 4 | Glacier Bank | 2,860 | - |
| 5 | Glacier Bank | 2,732 | - |
| 6 | Stockman Bank Of Montana | 2,592 | - |
| 7 | Stockman Bank Of Montana | 2,549 | - |
| 8 | First Interstate Bank | 2,408 | - |
| 9 | Opportunity Bank Of Montana | 2,183 | - |
| 10 | Rocket Mortgage LLC | 2,048 | - |
Ranked by total HMDA filings in the state (2024). Source: HMDA via CFPB.
Compare all lenders →How Montana Compares
| Metric | Montana | National Avg |
|---|---|---|
| Refinance Originations | 2,423 | 697,820 |
| Avg Loan Amount | $366,705 | $428,119 |
| Denial Rate | 18.17% | 24.2% |
Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2024, U.S. Census Bureau.
Current Mortgage Rates
30-Year Fixed
6.51%
▲ 6.36% prev
15-Year Fixed
5.85%
▲ 5.71% prev
5/1 ARM
6.06%
▲ 5.95% prev
National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.
Get personalized rates →Frequently Asked Questions
How many people refinanced in Montana in 2024?
In 2024, there were 2,423 refinance originations in Montana, according to HMDA data reported to the CFPB.
What is the average refinance loan amount in Montana?
The average refinance loan amount in Montana was $366,705 in 2024. This reflects originated loans reported through HMDA.
What is the refinance denial rate in Montana?
The refinance denial rate in Montana was 18.17% in 2024. This is calculated from originated and denied applications reported to the CFPB.
What are the top refinance lenders in Montana?
The most active lenders in Montana by HMDA filing volume include Glacier Bank, Stockman Bank Of Montana, Opportunity Bank Of Montana. See the full list above for details.
Is it a good time to refinance in Montana?
Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.
Want a deeper analysis?
Read our full editorial guide on refinancing in Montana, including tips, regulations, and state programs.
Read the Montana Refinance GuideData sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.