Safe Rate Rankings

Best Mortgage Lenders in Billings

Updated February 5, 2026

⚖️ The 4 PsRankings are calculated based on observed lender differences on closed loans across Pricing, Pull-through, Product, and Place.

🛡️ No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

📊 HMDA 2024Built using publicly available originated loan data from the federal government.

🎯 Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.

Market

Total Lenders37

Total Loans1,933

Median Rate Spread0.06%

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Rank	Lender	Overall	Pricing	Pull Through	Place	Avg Fees	Rate Spread	# of Loans
1	VALLEY FINANCIAL CREDIT UNIONCredit Union	Exceptional	Strong	Strong	Exceptional	$3,511Fees	0.728%Below	85
2	UNITED WHOLESALE MORTGAGE, LLCIndependent Mortgage Company	Strong	Sound	Exceptional	Exceptional	$3,428Fees	0.005%Above	146
3	U.S. Bank National AssociationBank	Strong	Strong	Strong	Strong	$857Fees	0.091%Above	52
4	Altana Federal Credit UnionCredit Union	Strong	Strong	Acceptable	Exceptional	$1,693Fees	1.055%Below	55
5	Stockman Bank of MontanaBank	Strong	Acceptable	Exceptional	Exceptional	$3,314Fees	0.049%Above	197
6	ROCKET MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Exceptional	$4,252Fees	0.297%Above	118
7	GUARANTEED RATE, INC.Independent Mortgage Company	Strong	Sound	Strong	Strong	$4,502Fees	0.134%Above	74
8	Servion, Inc.Independent Mortgage Company	Strong	Sound	Strong	Strong	$3,282Fees	0.298%Above	40
9	LOWER, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Exceptional	$4,603Fees	0.249%Above	114
10	GUILD MORTGAGE COMPANY LLCIndependent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$5,282Fees	0.088%Above	93
11	Opportunity Bank of MontanaBank	Strong	Acceptable	Strong	Exceptional	$3,609Fees	0.147%Above	72
12	CMG MORTGAGE, INC.Independent Mortgage Company	Strong	Acceptable	Exceptional	Strong	$3,990Fees	0.462%Above	58
13	BILLINGSCredit Union	Strong	Sound	Sound	Strong	$3,741Fees	0.335%Below	47
14	FREEDOM MORTGAGE CORPORATIONIndependent Mortgage Company	Strong	Sound	Strong	Sound	$3,574Fees	0.088%Below	31
15	EVERGREEN MONEYSOURCE MORTGAGE COMPANYIndependent Mortgage Company	Strong	Mediocre	Exceptional	Exceptional	$5,227Fees	0.226%Above	244
16	Glacier BankBank	Strong	Acceptable	Sound	Exceptional	$3,226Fees	0.075%Above	94
17	CROSSCOUNTRY MORTGAGE, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$5,303Fees	0.242%Above	57
18	Mortgage Research Center, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$1,474Fees	0.326%Above	51
19	KIND LENDING, LLCIndependent Mortgage Company	Strong	Acceptable	Strong	Strong	$2,534Fees	0.349%Above	38
20	NEWREZ LLCIndependent Mortgage Company	Sound	Acceptable	Sound	Sound	$2,605Fees	0.234%Above	32
21	CALCON MUTUAL MORTGAGE LLCIndependent Mortgage Company	Sound	Mediocre	Sound	Sound	$6,154Fees	0.696%Below	20

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

Pricing

Rate and fee competitiveness (33%)

Pull Through

Reliability in closing loans (33%)

Place

Local market expertise (33%)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.