Loan Estimates and Bids in Montana

Montana Mortgage Market Analysis and Trends

Get insights into Montana’s mortgage and housing market based on 1 real home purchase loan estimates submitted to Fincast.

Montana Housing Market Overview

Price and Loan Statistics

• Average Home Sale Price: $500,000.00

• Median Home Sale Price: $500,000.00

• Average Loan Amount: $485,000.00

• Median Loan Amount: $485,000.00

Down Payment Analysis

• Average Down Payment: 3.000%

• Median Down Payment: 3.000%

Loan Estimate Analysis

Interest Rate Distribution

• Average Loan Estimate Rate: 6.125%

• Median Loan Estimate Rate: 6.125%

Popular Mortgage Types in Montana

• Conventional Loans: 100.000%

• FHA Loans: 0.000%

• VA Loans: 0.000%

• USDA Loans: 0.000%

Market Implications

Conventional loans are the most common choice in Montana at 100.000% of loan estimates. FHA loans make up 0.000%, an important option for buyers seeking lower down payments, and VA loans make up 0.000%.

Key Findings for Montana Homebuyers

• Price Points: With a median home price of $500,000.00, buyers should plan their budgets accordingly.

• Down Payment Trends: The median down payment is 3.000% of the purchase price.

• Loan Type Selection: Conventional loans lead the market, with FHA and VA loans serving as vital alternatives for many buyers.

Market Analysis Summary

• Home prices averaging $500,000.00 with a median of $500,000.00

• Median down payment of 3.000%

• Conventional loans at 100.000% of the market

Understanding these market dynamics can help homebuyers make more informed decisions about their mortgage options and potentially save thousands over the life of their loan.

[Note: All data based on 1 home purchase loan estimates in Montana submitted to Fincast through September 2026. Individual circumstances may vary.]