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Discover Bank 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, Discover Bank reported 757 applications and 121 originations for 2024, $9.8m in all.
Its denial rate in the state was 75.3%, above the Montana rate of 20.9% across all lenders and compared with the lender's national rate of 76.0%.
The median rate spread on its Montana originations was 2.2 percentage points (state median 0.3).
Applications in the state were up 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Montana | Montana, all lenders | Discover Bank, all states | United States |
|---|---|---|---|---|
| Denial rate | 75.3% | 20.9% | 76.0% | 24.3% |
| Median rate spread, pp | 2.2 | 0.3 | 2.3 | 0.3 |
| Originations with spread of 1.5 pp or more | 74.4% | 13.8% | 75.6% | 15.6% |
| Average originated loan | $81k | $348k | $90k | $329k |
| Home purchase share | 1.7% | 54.8% | 3.1% | 57.0% |
| FHA-insured share | 0.0% | 10.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 11.1% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMontana, all lenders
Loan purpose and loan type in Montana
By purpose
Home purchase 2% (2)Home improvement 27% (33)Refinancing 21% (26)Other purpose 50% (60)
By type
Conventional 100% (121)
Denial reasons as coded
Share of 382 denials in Montana by first denial reason coded (outlined bar: all lenders in the state).
Counties in Montana
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Flathead County | 120 | 17 | $1.5m | 78.5% |
| Gallatin County | 78 | 15 | $1.3m | 72.7% |
| Missoula County | 74 | 15 | $1.3m | 65.9% |
| Yellowstone County | 113 | 14 | $860k | 80.0% |
| Lewis and Clark County | 51 | 10 | $850k | 68.6% |
| Silver Bow County | 28 | 8 | $790k | — |
| Ravalli County | 38 | 7 | $665k | 74.1% |
| Cascade County | 46 | 5 | $365k | 81.8% |
| Lake County | 26 | 5 | $305k | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Discover Bank originate in Montana in 2024?
121 loans totalling $9.8m, from 757 applications reported for properties in Montana.
What is Discover Bank's denial rate in Montana?
75.3% of decided applications in Montana were denied, against 20.9% for all lenders in the state and 76.0% 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 Discover Bank lend in most?
By originations: Flathead County (17), Gallatin County (15), Missoula County (15), Yellowstone County (14), Lewis and Clark County (10).
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.