Lenders › New American Funding, LLC. › Montana
New American Funding, LLC. 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, New American Funding, LLC. reported 329 applications and 84 originations for 2024, $20m in all.
Its denial rate in the state was 42.7%, above the Montana rate of 20.9% across all lenders and compared with the lender's national rate of 20.9%.
The median rate spread on its Montana originations was 1.0 percentage points (state median 0.3).
Applications in the state were up 96% on 2023.
Compared with the state and the lender's national record
| Measure | In Montana | Montana, all lenders | New American Funding, LLC., all states | United States |
|---|---|---|---|---|
| Denial rate | 42.7% | 20.9% | 20.9% | 24.3% |
| Median rate spread, pp | 1.0 | 0.3 | 0.7 | 0.3 |
| Originations with spread of 1.5 pp or more | 29.6% | 13.8% | 20.0% | 15.6% |
| Average originated loan | $241k | $348k | $282k | $329k |
| Home purchase share | 50.0% | 54.8% | 70.9% | 57.0% |
| FHA-insured share | 22.6% | 10.4% | 30.6% | 13.4% |
| VA-guaranteed share | 13.1% | 11.1% | 8.3% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMontana, all lenders
Loan purpose and loan type in Montana
By purpose
Home purchase 50% (42)Home improvement 8% (7)Refinancing 1% (1)Cash-out refinancing 35% (29)Other purpose 6% (5)
By type
Conventional 63% (53)FHA 23% (19)VA 13% (11)USDA 1% (1)
Denial reasons as coded
Share of 64 denials in Montana by first denial reason coded (outlined bar: all lenders in the state).
Counties in Montana
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Yellowstone County | 46 | 10 | $2.3m | — |
| Flathead County | 30 | 6 | $750k | — |
| Cascade County | 26 | 4 | $930k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did New American Funding, LLC. originate in Montana in 2024?
84 loans totalling $20m, from 329 applications reported for properties in Montana.
What is New American Funding, LLC.'s denial rate in Montana?
42.7% of decided applications in Montana were denied, against 20.9% for all lenders in the state and 20.9% 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 New American Funding, LLC. lend in most?
By originations: Yellowstone County (10), Flathead County (6), Cascade County (4).
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.