---
title: Multifamily Lenders in Yellowstone County, MT: 13 Made Loans
url: https://lender.report/lenders-in/montana/yellowstone-county/
license: https://lender.report/license/
---

County · MT

# Multifamily lenders in Yellowstone County, MT

13 lenders made 40 multifamily loans in Yellowstone County, MT in 2024 and 2025, $91.8M in all. Stockman Bank of Montana made the most, with 9. The typical loan was about $500K. The county is part of the Billings, MT metro area.

**Evidence**
Multifamily loans placed in the county, HMDA

**Data as of**
HMDA 2025

**Page last changed**
November 11, 2026

**Lenders on record**
13

HMDA, 2025

**Multifamily loans, 2024-25**
40

HMDA, 2025

Manufactured-home parks excluded

**Dollars**
$91.8M

HMDA, 2025

**Typical loan**
$500K

HMDA, 2025

Cite this

Source: The Lender Report, Multifamily lenders in Yellowstone County, MT, https://lender.report/lenders-in/montana/yellowstone-county/, data as of December 31, 2025.

## Describe a deal in Yellowstone County, MT

See which of these lenders made loans like yours, at your size and in your place. No account and no form.

[Show multifamily loans in Yellowstone County, MT](https://lender.report/comps/?lane=multifamily&state=MT&county=30111)[On this list? Find your page](https://lender.report/for-lenders/?from=market)

| Lender | Kind | Based in | Loans | Dollars | 2025 loans | 2024 loans | Typical loan |
| --- | --- | --- | --- | --- | --- | --- | --- |
| [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 | 9 | $26.7M | 5 | 4 | $380K |
| [Altana Credit Union](https://lender.report/lender/altana-credit-union-mt/) [multifamily record](https://lender.report/lender/altana-credit-union-mt/multifamily/) | Credit union | Billings, MT | 8 | $5.86M | 2 | 6 | $840K |
| [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 | 5 | $1.76M | 4 | 1 | $340K |
| [Valley Financial Credit Union](https://lender.report/lender/valley-financial-credit-union-mt/) | Credit union | Billings, MT | 4 | $3.66M | 1 | 3 | $1.1M |
| [Little Horn State Bank](https://lender.report/lender/little-horn-state-bank-mt/) [multifamily record](https://lender.report/lender/little-horn-state-bank-mt/multifamily/) | Bank | Hardin, MT | 3 | $1.94M | 1 | 2 | $500K |
| [Bell Bank](https://lender.report/lender/bell-bank-nd/) [multifamily record](https://lender.report/lender/bell-bank-nd/multifamily/) | Bank | Fargo, ND | 2 | $17.3M | 1 | 1 | $12M |
| [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 | $1.00M | 2 | 0 | $500K |
| [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 | 2 | $960K | 2 | 0 | $500K |
| [Walker & Dunlop, LLC](https://lender.report/lender/walker-and-dunlop-md/) [multifamily record](https://lender.report/lender/walker-and-dunlop-md/multifamily/) | Non-bank | Bethesda, MD | 1 | $16.0M | 0 | 1 | $16M |
| [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 | $15.0M | 1 | 0 | $15M |
| [The Yellowstone Bank](https://lender.report/lender/yellowstone-bank-mt/) | Bank | Laurel, MT | 1 | $1.50M | 1 | 0 | $1.5M |
| [Capital Educators Credit Union](https://lender.report/lender/capital-educators-credit-union-id/) [multifamily record](https://lender.report/lender/capital-educators-credit-union-id/multifamily/) | Credit union | Meridian, ID | 1 | $600K | 0 | 1 | $600K |
| [First Federal Bank & Trust](https://lender.report/lender/first-federal-bank-and-trust-wy/) | Savings | Sheridan, WY | 1 | $420K | 1 | 0 | $420K |

HMDA, 2025

[Check a deal in Yellowstone County, MT in Loan Comps](https://lender.report/comps/?lane=multifamily&state=MT&county=30111)

| Loan size | Loans | Lenders |
| --- | --- | --- |
| Under $1M | 30 | 9 |
| $1M to $2.5M | 4 | 3 |
| $2.5M to $5M | 0 | 0 |
| $5M to $10M | 2 | 2 |
| $10M or more | 4 | 4 |

HMDA, 2025

- Lenders made 40 multifamily loans totaling $91.8M in Yellowstone County, MT in 2024 and 2025. HMDA, 2025
- 21 of the loans were made in 2025 and 19 in 2024. HMDA, 2025
- The typical loan in Yellowstone County, MT was about $500K, with the middle half between $440K and $1.1M. HMDA, 2025
- 30 of the loans were under $1M, and 6 were $5M or more. HMDA, 2025
- Lenders reported a median rate of 6.80% on 35 loans in Yellowstone County, MT, with the middle half between 6.50% and 7.25%. HMDA, 2025
- The median term was 5 years. HMDA, 2025
- The median loan to value was 70%. HMDA, 2025
- 35% of the loans were refinancings and 53% were purchases. HMDA, 2025
- Banks and savings institutions made 23 of the loans, credit unions 15, and non-banks 2. HMDA, 2025
- The five most active lenders made 72.5% of the loans. HMDA, 2025
- The three most active lenders were Stockman Bank of Montana with 9, Altana Credit Union with 8, and First Interstate Bank with 5. HMDA, 2025
- 8 of the 13 lenders are based in Montana. The rest are based elsewhere, most often in Idaho, Maryland and Minnesota. HMDA, 2025
- The most common property size was 5 to 24 units, with 31 loans. HMDA, 2025
- Yellowstone County, MT is part of the Billings, MT metro area, which has its own page. OMB metro list, 2025

## How this list is defined

**Measure**
Multifamily loans made in Yellowstone County, MT

**Period**
2024 and 2025

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

**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.

SBA loans are on record by state only, so this page has no SBA figures for the county. The state pages carry them.

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.
