Montana Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Montana. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

7.05%

Avg APR

15yr Fixed

6.45%

Avg APR

Median Price

$435,000

Median home

Monthly P&I

$2,320

30yr at 80% LTV

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Top Mortgage Lenders in Montana

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Montana

  • MBOH Bond Advantage Program
  • MBOH 80% Program
  • NeighborWorks Montana

Mortgage Requirements in Montana

  • Min 640 credit score for MBOH programs
  • Income limits apply
  • Purchase price limits vary by area

Montana Housing Market Facts

Montana has seen rapid price increases driven by out-of-state buyers.
No sales tax helps offset closing costs.
Rural areas qualify for USDA zero-down financing.

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Compare Mortgage Rates in Other States