---
title: Lenders in Great Falls, MT: 15 Made Multifamily Loans in 2024-25
url: https://lender.report/lenders-in/great-falls-mt/
license: https://lender.report/license/
---

Metro area · MT

# Lenders in Great Falls, MT

15 lenders made 41 multifamily loans in the Great Falls, MT metro area in 2024 and 2025, $131.1M in all. Stockman Bank of Montana made the most, with 14. The typical loan was about $500K.

**Evidence**
Multifamily loans placed in the metro area, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
15

HMDA, 2025

**Multifamily loans, 2024-25**
41

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$131M

HMDA, 2025

**Typical loan**
$500K

HMDA, 2025

Cite this

Source: The Lender Report, Lenders in Great Falls, MT, https://lender.report/lenders-in/great-falls-mt/, data as of December 31, 2025.

## Describe a deal in Great Falls, MT

This page lists who has made multifamily loans here. Loan Comps shows who has made a loan like yours, with the loans to prove it.

[Start with a deal in Great Falls, MT](https://lender.report/comps/?lane=multifamily&metro=24500)[A lender in Great Falls, MT? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans |
| --- | --- | --- | --- | --- | --- | --- |
| [Stockman Bank of Montana](https://lender.report/lender/stockman-bank-of-montana-mt/) [multifamily record](https://lender.report/lender/stockman-bank-of-montana-mt/multifamily/) | Bank | Miles City, MT | 14 | $34.3M | 6 | 8 |
| [Opportunity Bank of Montana](https://lender.report/lender/opportunity-bank-of-montana-mt/) [multifamily record](https://lender.report/lender/opportunity-bank-of-montana-mt/multifamily/) | Bank | Helena, MT | 6 | $4.58M | 2 | 4 |
| [Independence Bank](https://lender.report/lender/independence-bank-mt/) [multifamily record](https://lender.report/lender/independence-bank-mt/multifamily/) | Bank | Havre, MT | 5 | $2.20M | 1 | 4 |
| [Ascent Bank](https://lender.report/lender/ascent-bank-mt/) | Bank | Helena, MT | 3 | $2.04M | 1 | 2 |
| [Clearwater Credit Union](https://lender.report/lender/clearwater-credit-union-mt/) [multifamily record](https://lender.report/lender/clearwater-credit-union-mt/multifamily/) | Credit union | Missoula, MT | 2 | $12.7M | 1 | 1 |
| [Belt Valley Bank](https://lender.report/lender/belt-valley-bank-mt/) | Bank | Belt, MT | 2 | $1.30M | 2 | 0 |
| [M&T Realty Capital Corporation](https://lender.report/lender/m-and-t-realty-capital-ny/) [multifamily record](https://lender.report/lender/m-and-t-realty-capital-ny/multifamily/) | Non-bank | Buffalo, NY | 1 | $36.0M | 1 | 0 |
| [Berkadia Commercial Mortgage](https://lender.report/lender/berkadia-commercial-mortgage-pa/) [multifamily record](https://lender.report/lender/berkadia-commercial-mortgage-pa/multifamily/) | Non-bank | Ambler, PA | 1 | $13.0M | 0 | 1 |
| [Colliers Mortgage LLC](https://lender.report/lender/colliers-mortgage-mn/) [multifamily record](https://lender.report/lender/colliers-mortgage-mn/multifamily/) | Non-bank | Minneapolis, MN | 1 | $9.20M | 1 | 0 |
| [Glacier Bank](https://lender.report/lender/glacier-bank-mt/) [multifamily record](https://lender.report/lender/glacier-bank-mt/multifamily/) | Bank | Kalispell, MT | 1 | $9.00M | 0 | 1 |
| [Merchants Capital Corp.](https://lender.report/lender/merchants-capital-in/) [multifamily record](https://lender.report/lender/merchants-capital-in/multifamily/) | Non-bank | Carmel, IN | 1 | $5.80M | 1 | 0 |
| [Bravera Bank](https://lender.report/lender/bravera-bank-nd/) [multifamily record](https://lender.report/lender/bravera-bank-nd/multifamily/) | Bank | Dickinson, ND | 1 | $800K | 1 | 0 |
| [Citizens Alliance Bank](https://lender.report/lender/citizens-alliance-bank-mn/) | Bank | Clara City, MN | 1 | $480K | 1 | 0 |
| [First Interstate Bank](https://lender.report/lender/first-interstate-bank-mt/) [multifamily record](https://lender.report/lender/first-interstate-bank-mt/multifamily/) | Bank | Billings, MT | 1 | $400K | 0 | 1 |
| [TrailWest Bank](https://lender.report/lender/trailwest-bank-mt/) [multifamily record](https://lender.report/lender/trailwest-bank-mt/multifamily/) | Bank | Lolo, MT | 1 | $400K | 1 | 0 |

HMDA, 2025

[All 15 lenders in Great Falls, MT, by loan size](https://lender.report/multifamily-lenders/great-falls-mt/)

| County | Loans | Dollars | Lenders |
| --- | --- | --- | --- |
| [Cascade County, MT](https://lender.report/lenders-in/montana/cascade-county/) | 40 | $119M | 14 |

HMDA, 2025

A county is listed for a year only when the public file holds 5 or more multifamily loans there that year.

| Loan size | Loans |
| --- | --- |
| Under $1M | 32 |
| $1M to $2.5M | 2 |
| $2.5M to $5M | 0 |
| $5M to $10M | 3 |
| $10M or more | 4 |

HMDA, 2025

- Lenders made 41 multifamily loans totaling $131.1M in Great Falls, MT in 2024 and 2025. HMDA, 2025
- 19 of the loans were made in 2025 and 22 in 2024. HMDA, 2025
- The typical loan in Great Falls, MT was about $500K, with the middle half between $300K and $800K. HMDA, 2025
- 32 of the loans were under $1M, and 7 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 7.55% on 26 loans in Great Falls, MT, with the middle half between 7.00% and 8.25%. HMDA, 2025
- The median term was 15 years. HMDA, 2025
- The median loan to value was 62%. HMDA, 2025
- 32% of the loans were refinancings and 51% were purchases. HMDA, 2025
- Banks and savings institutions made 35 of the loans, credit unions 2, and non-banks 4. HMDA, 2025
- The five most active lenders made 73.2% of the loans. HMDA, 2025
- The three most active lenders were Stockman Bank of Montana with 14, Opportunity Bank of Montana with 6, and Independence Bank with 5. HMDA, 2025
- 9 of the 15 lenders are based in Montana. The rest are based elsewhere, most often in Minnesota, Indiana and North Dakota. HMDA, 2025
- The most common property size was 5 to 24 units, with 33 loans. HMDA, 2025
- 1 county in the metro area has loans on record, and Cascade County, MT has the most, with 40. HMDA, 2025

## How this list is defined

**Measure**
Multifamily loans made in the Great Falls, MT metro area

**Period**
2024 and 2025

**Formula**
Count, by lender, of HMDA records for multifamily dwellings of 5 or more units placed in the metro area, manufactured-home parks excluded, for each year in which the public file holds 5 or more such loans there.

**Order**
Largest first by loans recorded in the place, then dollars, then name. Payment is not part of the order.

**As of**
2025

**Source**
[HMDA](https://ffiec.cfpb.gov/data-browser/)

**Changelog**
November 12, 2026: First published, with the data built on this date.

## What we don't know

- Whether any of these lenders is taking new loans today.
- What they charge or require beyond the rate and term that HMDA reports.
- Loans on office, retail, industrial or hotel property. HMDA covers dwelling-secured loans only.

A metro area or county is named for a year only when the public file holds 5 or more multifamily loans there that year, so a small place is never exposed by a count.

HMDA covers dwelling-secured loans. Amounts are the midpoints of $10,000 bands, and each loan has a year, never a date.

Lenders that merged or stopped filing are left out.

Source and date appear beside each figure. Banks report balances, not loans made. Loans made come only from HMDA and SBA files. We do not audit filings and can make errors joining them. [Report a problem](https://lender.report/report/)

Figures come from public records and show the source and date beside them. Public records can be late, incomplete or wrong. A past loan does not mean a lender will make the same kind of loan today. Confirm anything important with the lender.
