Top Mortgage Lenders in Helena, MT

Which mortgage lender in the Helena, MT area typically has the best rates? To help you narrow down where to shop for a mortgage, we provide a data driven ranking of mortgage lenders in the Helena, MT area by interest rate and market share. We use data on all fixed rate mortgages that were closed in the past year to generate our rankings. We do not receive any compensation from lenders and strive to provide the most objective and authoritative ranking possible.

Based on our data, the cheapest overall lender in the Helena, MT area is First Interstate Bank, with a “Rate Rank” of 1 and an average “Rate Difference” of -0.07%. This means that First Interstate Bank provided a -0.07% lower interest rate for its customers than other lenders in Helena, MT for a similar set of borrowers. First Interstate Bank has a market share of 14.7%. On the other hand, the most popular lender in the market is Opportunity Bank Of Montana, with a market share of 26.9%. Opportunity Bank Of Montana is an average rate lender in this area, with a “Rate Difference” of +0.04% relative to those of other lenders.

Our detailed rankings of the mortgage lenders for the Helena, MT area is shown in the table below. In the table, we also give our assessment of whether they are, on average, a cheap/expensive lender through a star rating system. You can choose to tailor our ranking table to a specific mortgage type (Conventional/Jumbo/FHA/VA) and purpose (purchase/refinance) through the drop-down menu. For example, the cheapest lender for Conventional mortgages in Helena, MT is First Interstate Bank. If you want to take out a loan that is above conforming limits (for example, above $510,400 in 2020), the cheapest Jumbo mortgage provider is Glacier Bank. If on the other hand, you want lower down payment or credit score requirements, the cheapest FHA mortgage provider is First Interstate Bank. The cheapest VA mortgage provider is also First Interstate Bank. Nevertheless, to get the lowest rate for your mortgage, we would suggest shopping and negotiating among several of our top ranked lenders for your desired mortgage type and purpose.

Ranking of Mortgage Lenders in Helena, MT

Mortgage Type:
Purchase/Refinance:
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.07% 14.73%
Wells Fargo Bank 2, -0.06% 9.89%
Stockman Bank 3, -0.05% 8.94%
LoanDepot 4, -0.02% 2.18%
Usaa Federal Savings Bank 5, -0.01% 2.52%
Glacier Bank 6, 0.01% 13.71%
Quicken Loans 7, 0.03% 8.19%
Opportunity Bank Of Montana 8, 0.04% 26.94%
Flagstar Bank 9, 0.05% 3.41%
Mann Mortgage 10, 0.05% 9.48%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.09% 10.75%
First Interstate Bank 2, -0.06% 14.86%
Stockman Bank 3, -0.05% 10.12%
Usaa Federal Savings Bank 4, -0.01% 2.63%
Glacier Bank 5, -0.01% 14.33%
LoanDepot 6, -0.01% 0.11%
Quicken Loans 7, 0.04% 2.74%
Mann Mortgage 8, 0.04% 9.69%
Opportunity Bank Of Montana 9, 0.05% 31.09%
Flagstar Bank 10, 0.06% 3.69%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.10% 14.51%
Stockman Bank 2, -0.04% 6.77%
Usaa Federal Savings Bank 3, -0.02% 2.32%
LoanDepot 4, -0.01% 6.00%
Opportunity Bank Of Montana 5, -0.01% 19.34%
Wells Fargo Bank 6, 0.01% 8.32%
Flagstar Bank 7, 0.02% 2.90%
Quicken Loans 8, 0.04% 18.18%
Glacier Bank 9, 0.04% 12.57%
Mann Mortgage 10, 0.06% 9.09%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.06% 14.67%
Wells Fargo Bank 2, -0.06% 12.08%
Stockman Bank 3, -0.05% 9.39%
LoanDepot 4, -0.04% 1.79%
Usaa Federal Savings Bank 5, 0.01% 0.72%
Glacier Bank 6, 0.01% 16.37%
Opportunity Bank Of Montana 7, 0.03% 26.83%
Quicken Loans 8, 0.04% 7.60%
Flagstar Bank 9, 0.06% 3.40%
Mann Mortgage 10, 0.07% 7.16%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Wells Fargo Bank 1, -0.09% 12.96%
Stockman Bank 2, -0.05% 10.56%
First Interstate Bank 3, -0.04% 15.07%
Glacier Bank 4, -0.00% 17.04%
Usaa Federal Savings Bank 5, -0.00% 0.70%
LoanDepot 6, 0.00% 0.14%
Opportunity Bank Of Montana 7, 0.05% 29.86%
Quicken Loans 8, 0.05% 2.54%
Mann Mortgage 9, 0.06% 7.32%
Flagstar Bank 10, 0.08% 3.80%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.10% 13.97%
Stockman Bank 2, -0.04% 7.35%
LoanDepot 3, -0.04% 4.66%
Opportunity Bank Of Montana 4, -0.01% 21.57%
Flagstar Bank 5, 0.01% 2.70%
Wells Fargo Bank 6, 0.01% 10.54%
Usaa Federal Savings Bank 7, 0.02% 0.74%
Glacier Bank 8, 0.04% 15.20%
Quicken Loans 9, 0.04% 16.42%
Mann Mortgage 10, 0.10% 6.86%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.06% 14.16%
Quicken Loans 2, -0.03% 7.96%
Glacier Bank 3, -0.01% 3.54%
Stockman Bank 4, -0.01% 8.85%
Mann Mortgage 5, -0.00% 22.12%
Wells Fargo Bank 6, 0.00% 1.77%
Opportunity Bank Of Montana 7, 0.03% 32.74%
Flagstar Bank 8, 0.03% 6.19%
LoanDepot 9, 0.05% 2.65%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.07% 16.47%
Stockman Bank 2, -0.01% 9.41%
Glacier Bank 3, -0.01% 4.71%
Mann Mortgage 4, -0.00% 18.82%
Wells Fargo Bank 5, 0.00% 2.35%
Opportunity Bank Of Montana 6, 0.03% 41.18%
Flagstar Bank 7, 0.03% 7.06%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Quicken Loans 1, -0.02% 32.14%
Opportunity Bank Of Montana 2, -0.00% 7.14%
Mann Mortgage 3, 0.00% 32.14%
First Interstate Bank 4, 0.00% 7.14%
Stockman Bank 5, 0.01% 7.14%
Flagstar Bank 6, 0.01% 3.57%
LoanDepot 7, 0.05% 10.71%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Glacier Bank 1, -0.00% 57.14%
Opportunity Bank Of Montana 2, 0.00% 14.29%
Wells Fargo Bank 3, 0.00% 28.57%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Glacier Bank 1, -0.00% 60.00%
Wells Fargo Bank 2, 0.00% 40.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
Opportunity Bank Of Montana 1, 0.00% 50.00%
Glacier Bank 2, 0.00% 50.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.13% 15.79%
Stockman Bank 2, -0.06% 7.02%
Usaa Federal Savings Bank 3, -0.04% 12.72%
Wells Fargo Bank 4, -0.01% 2.63%
Flagstar Bank 5, -0.00% 2.19%
LoanDepot 6, 0.01% 3.95%
Quicken Loans 7, 0.02% 11.40%
Mann Mortgage 8, 0.02% 14.91%
Glacier Bank 9, 0.02% 4.39%
Opportunity Bank Of Montana 10, 0.09% 25.00%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.13% 13.42%
Stockman Bank 2, -0.09% 8.72%
Flagstar Bank 3, -0.05% 1.34%
Usaa Federal Savings Bank 4, -0.05% 13.42%
Wells Fargo Bank 5, -0.03% 4.03%
Quicken Loans 6, -0.01% 5.37%
Glacier Bank 7, 0.01% 5.37%
Mann Mortgage 8, 0.02% 16.11%
Opportunity Bank Of Montana 9, 0.09% 32.21%
Lender Name Rate Rank, Rate Difference Rate Rating Market Share
First Interstate Bank 1, -0.11% 20.25%
Usaa Federal Savings Bank 2, -0.02% 11.39%
Stockman Bank 3, -0.01% 3.80%
Opportunity Bank Of Montana 4, 0.00% 11.39%
Glacier Bank 5, 0.02% 2.53%
Mann Mortgage 6, 0.02% 12.66%
LoanDepot 7, 0.05% 11.39%
Flagstar Bank 8, 0.06% 3.80%
Quicken Loans 9, 0.06% 22.78%

* Data is compiled for the Helena, MT commuting zone area, which comprises of counties of Broadwater County, MT, Jefferson County, MT, and Lewis and Clark County, MT. This includes cities/towns/communities of Helena, MT as well as Helena Valley West Central, MT, Helena Valley Southeast, MT, Helena Valley Northwest, MT, Wheatland, MT, Montana City, MT, Helena Valley Northeast, MT, Boulder, MT, Whitehall, MT, Townsend, MT, and Lincoln, MT. Lenders must have made at least 30 loans in the area to be included. Source for the data comes from Federal Financial Institutions Examination Council (FFIEC). Rate Difference (the average difference of interest rates relative to those of other lenders) were computed by subtracting the rate at origination from the average predicted rate based on the MSA, borrower LTV, DTI, Loan Amount, Loan Type, and Loan Purpose, and then regularized based on a Bayesian approach to account for smaller sample sizes. Above-average mortgage closing costs were then added to the rate difference at a rate of +0.15/point. Star ratings were determined in intervals of 0.10% in rate difference per half star.

Mortgage Lender Rankings for Other Cities

This page ranks the top mortgage lenders in the Helena, MT area. For mortgage lender rankings of other cities, click here.