Lenders › Horizon Credit Union › Montana
Horizon Credit Union in Montana
HMDA record for properties in Montana, calendar year 2024. National record · Montana overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Montana, Horizon Credit Union reported 221 applications and 103 originations for 2024, $12m in all.
Its denial rate in the state was 44.4%, above the Montana rate of 20.9% across all lenders and compared with the lender's national rate of 39.4%.
The median rate spread on its Montana originations was -2.6 percentage points (state median 0.3).
Applications in the state were down 9% on 2023.
Compared with the state and the lender's national record
| Measure | In Montana | Montana, all lenders | Horizon Credit Union, all states | United States |
|---|---|---|---|---|
| Denial rate | 44.4% | 20.9% | 39.4% | 24.3% |
| Median rate spread, pp | -2.6 | 0.3 | -3.0 | 0.3 |
| Originations with spread of 1.5 pp or more | 5.9% | 13.8% | 7.4% | 15.6% |
| Average originated loan | $120k | $348k | $126k | $329k |
| Home purchase share | 16.5% | 54.8% | 15.7% | 57.0% |
| FHA-insured share | 1.9% | 10.4% | 0.5% | 13.4% |
| VA-guaranteed share | 0.0% | 11.1% | 0.5% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMontana, all lenders
Loan purpose and loan type in Montana
By purpose
Home purchase 17% (17)Home improvement 38% (39)Refinancing 9% (9)Cash-out refinancing 8% (8)Other purpose 29% (30)
By type
Conventional 98% (101)FHA 2% (2)
Denial reasons as coded
Share of 88 denials in Montana by first denial reason coded (outlined bar: all lenders in the state).
Counties in Montana
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Missoula County | 79 | 38 | $5.1m | 44.4% |
| Silver Bow County | 32 | 18 | $1.7m | 23.1% |
| Cascade County | 40 | 16 | $1.9m | 48.6% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Horizon Credit Union originate in Montana in 2024?
103 loans totalling $12m, from 221 applications reported for properties in Montana.
What is Horizon Credit Union's denial rate in Montana?
44.4% of decided applications in Montana were denied, against 20.9% for all lenders in the state and 39.4% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Montana counties does Horizon Credit Union lend in most?
By originations: Missoula County (38), Silver Bow County (18), Cascade County (16).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Montana. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.