DSCR Loans in Montana
Reviewed by Dominick Prevete, Founder & CEO, National Loan Provider31+ years in real estate finance
LinkedIn35 closed transactionsNLPI LLC, NJ entity ID 0451062247 (verify on the NJ business search)
Dominick Prevete arranges DSCR loans across Montana, qualified on the property's rent, not your tax returns. DSCR rental loans start from 7.25% (November 2026), and most close in 14 days. In 2025 HMDA data, 199 lenders made 1,497 investment-property loans in Montana; the most active are in the table below, and 5 counties have their own page.
Montana investor market at a glance
| Statistic | Montana | National | State rank |
|---|---|---|---|
| Investor loans | 1,497 | 553,332 | 45th of 51 |
| Reporting lenders | 199 | 4,120 | 43rd of 51 |
| Loan volume | $626.6M | $190.57B | 40th of 51 |
| Average loan | $419K | $344K | 12th of 51 |
| Median loan | $265K | — | 19th of 51 |
| Purchases | 63.4% | 59.2% | 14th of 51 |
| Cash-out refinances | 12.8% | 18.8% | 37th of 51 |
| 2–4 unit properties | 20.4% | 17.3% | 19th of 51 |
| Top five lenders' share | 34.6% | 21.9% | 5th of 51 |
| Reported business-purpose | 66.9% | 70.8% | 32nd of 51 |
Montana: closed-end loans on 1–4 unit investment properties. Rank is highest first among the 50 states and DC. The national figures are totals for loans and volume, distinct filers for lenders, and loan-weighted averages for every share; a median does not combine across states.
What stands out in Montana
The five most active lenders wrote 34.6% of Montana's investor loans, the 5th-highest share of the 50 states and DC (national figure: 21.9%).
Five lenders write 34.6% of the loans here, so comparing written term sheets matters more.
The average investor loan in Montana was $419K, the 12th-highest average of the 50 states and DC (national figure: $344K).
Loans here run large. Dominick arranges DSCR loans from $75,000 up through jumbo balances.
Who are the DSCR and investment-property lenders in Montana?
The most active investment-property lenders in Montana in 2025 HMDA data were Stockman Bank of Montana, Glacier Bank and Opportunity Bank of Montana, out of 199 lenders that reported. HMDA doesn't flag which loans were DSCR loans, so this list mixes DSCR and conventional investment-property lenders. Dominick Prevete places DSCR loans across 100+ lenders, including several that reported in Montana, and matches each file to the one most likely to fund it.
Every year, lenders report their originations under the Home Mortgage Disclosure Act. We filtered Montana's 2025 filings to closed-end loans on 1–4 unit investment properties: 1,497 loans totaling $0.63B across 199 lenders. These were the most active.
| Lender | Loans | Volume | Avg loan | Purchase share |
|---|---|---|---|---|
| Stockman Bank of Montana | 203 | $54.5M | $268K | 67.5% |
| Glacier Bank | 127 | $48.1M | $379K | 74.0% |
| Opportunity Bank of Montana | 86 | $28.4M | $330K | 80.2% |
| United Wholesale Mortgage | 54 | $21.1M | $391K | 51.9% |
| The Yellowstone Bank | 48 | $16.3M | $339K | 75.0% |
| Rocket Mortgage, LLC | 44 | $11.6M | $263K | 31.8% |
| CROSSCOUNTRY MORTGAGE, INC. | 42 | $16.1M | $382K | 76.2% |
| GUARANTEED RATE, INC. | 32 | $13.0M | $407K | 68.8% |
| First Interstate Bank | 31 | $11.7M | $379K | 71.0% |
| KIND LENDING, LLC | 31 | $10.1M | $327K | 58.1% |
| LITTLE HORN STATE BANK | 31 | $8.2M | $264K | 71.0% |
| CALCON MUTUAL MORTGAGE LLC | 30 | $10.4M | $346K | 60.0% |
| EVERGREEN MONEYSOURCE MORTGAGE COMPANY | 27 | $9.7M | $360K | 85.2% |
| Citizens Alliance Bank | 21 | $5.1M | $244K | 71.4% |
| PENNYMAC LOAN SERVICES, LLC | 20 | $9.2M | $460K | 85.0% |
| GUILD MORTGAGE COMPANY | 20 | $5.2M | $262K | 65.0% |
| U.S. Bank National Association | 20 | $4.4M | $219K | 65.0% |
| VALLEY FINANCIAL CREDIT UNION | 19 | $6.3M | $331K | 26.3% |
| Bravera Bank | 18 | $4.1M | $229K | 44.4% |
| Independence Bank | 17 | $7.2M | $426K | 58.8% |
| TrailWest Bank | 17 | $5.9M | $346K | 76.5% |
| CORNERSTONE CAPITAL BANK, SSB | 16 | $7.4M | $460K | 87.5% |
| THE LOAN STORE, INC. | 16 | $6.0M | $374K | 75.0% |
| Manhattan Bank | 15 | $4.9M | $328K | 80.0% |
| First Montana Bank, Inc. | 14 | $5.2M | $369K | 64.3% |
Source: 2025 HMDA loan-level data (CFPB/FFIEC Data Browser), retrieved November 11, 2026. Updated annually. See how this data is built or download the full dataset (CSV) — all 199 reporting lenders with every underlying figure. Researching the market rather than financing a property? The Montana lending data page covers this table on its own.
What this table can't show you: fit. HMDA exempts short-term financing, so fix-and-flip and bridge lenders barely appear here — and no federal dataset knows which lender's guidelines match your deal, your entity, or your timeline. That's the job. Dominick Prevete structures your file and places it across 100+ lenders so it lands with the one most likely to fund it.
Price your loan →Dominick Prevete places loans with some of the lenders listed here through wholesale relationships, and is paid when a loan he arranges closes. Appearing in this table is not an endorsement or a recommendation.
DSCR loans by county in Montana
Each county page compares the county's 2025 HMDA investor-lending figures with Montana's and names its most active lenders. Counties are listed by investor loan count.
5 Montana counties have their own page so far.
- Yellowstone County266 loans
- Gallatin County237 loans
- Flathead County191 loans
- Cascade County138 loans
- Missoula County134 loans
- Lewis and Clark County (fewer than 100 investor loans in 2025)81 loans
- Silver Bow County (fewer than 100 investor loans in 2025)63 loans
- Ravalli County (fewer than 100 investor loans in 2025)36 loans
- Madison County (fewer than 100 investor loans in 2025)35 loans
- Carbon County (fewer than 100 investor loans in 2025)33 loans
- Park County (fewer than 100 investor loans in 2025)32 loans
- Deer Lodge County (fewer than 100 investor loans in 2025)22 loans
- Lake County (fewer than 100 investor loans in 2025)21 loans
- Richland County (fewer than 100 investor loans in 2025)21 loans
- Lincoln County (fewer than 100 investor loans in 2025)14 loans
- Stillwater County (fewer than 100 investor loans in 2025)13 loans
- Hill County (fewer than 100 investor loans in 2025)11 loans
- Fergus County (fewer than 100 investor loans in 2025)9 loans
- Sanders County (fewer than 100 investor loans in 2025)9 loans
- Beaverhead County (fewer than 100 investor loans in 2025)8 loans
- Custer County (fewer than 100 investor loans in 2025)8 loans
- Jefferson County (fewer than 100 investor loans in 2025)8 loans
- Granite County (fewer than 100 investor loans in 2025)7 loans
- Pondera County (fewer than 100 investor loans in 2025)7 loans
- Glacier County (fewer than 100 investor loans in 2025)6 loans
- Mineral County (fewer than 100 investor loans in 2025)6 loans
- Teton County (fewer than 100 investor loans in 2025)6 loans
- Toole County (fewer than 100 investor loans in 2025)6 loans
- Broadwater County (fewer than 100 investor loans in 2025)4 loans
- Musselshell County (fewer than 100 investor loans in 2025)4 loans
- Valley County (fewer than 100 investor loans in 2025)4 loans
- Big Horn County (fewer than 100 investor loans in 2025)3 loans
- Daniels County (fewer than 100 investor loans in 2025)3 loans
- Dawson County (fewer than 100 investor loans in 2025)3 loans
- Liberty County (fewer than 100 investor loans in 2025)3 loans
- Phillips County (fewer than 100 investor loans in 2025)3 loans
- Powell County (fewer than 100 investor loans in 2025)3 loans
- Roosevelt County (fewer than 100 investor loans in 2025)3 loans
- Rosebud County (fewer than 100 investor loans in 2025)3 loans
- Sheridan County (fewer than 100 investor loans in 2025)3 loans
- Sweet Grass County (fewer than 100 investor loans in 2025)3 loans
- Judith Basin County (fewer than 100 investor loans in 2025)2 loans
- Meagher County (fewer than 100 investor loans in 2025)2 loans
- Wheatland County (fewer than 100 investor loans in 2025)2 loans
- Blaine County (fewer than 100 investor loans in 2025)1 loans
- Chouteau County (fewer than 100 investor loans in 2025)1 loans
- Garfield County (fewer than 100 investor loans in 2025)1 loans
- McCone County (fewer than 100 investor loans in 2025)1 loans
- Prairie County (fewer than 100 investor loans in 2025)1 loans
- Wibaux County (fewer than 100 investor loans in 2025)1 loans
Run the coverage test on your Montana deal
Rent divided by the full monthly payment is the number a DSCR loan qualifies on. Enter a Montana property's rent, loan, taxes and insurance to see where it lands.
Principal and interest on a thirty-year amortization, plus taxes, insurance and HOA.
Enter the rent, loan amount, rate, taxes and insurance to see the coverage ratio.
Sources
- CFPB / FFIEC HMDA Data Browser — Montana's at-a-glance figures, its rank among the 50 states and DC, its observations and the Quick Read's 199 lenders and 1,497 loans: 2025 HMDA loan-level data.
- Montana investor-lender dataset (CSV) — Every Montana lender behind the table above, with volume, average loan and purchase share for each.
- Montana investor lending data, Dominick Prevete — The Montana table on its own, with the state's concentration figures and the method behind them.
- DSCR loan rates, Dominick Prevete — DSCR rental loans start from 7.25%, as of November 2026: the Instant Term Sheet's best-case scenario on the current rate sheets.