Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Yellowstone County, Montana
Every institution that decided a 1–4 unit mortgage application in Yellowstone County, home to Billings, between 2023 and 2025: 12,624 applications, 10,263 loans actually funded, across 8 kinds of borrowing.
Yellowstone County at a glance
12,624Applications decided
2023–2025
10,263Loans funded
81% of decisions
36Census tracts
8 ZIP codes
167,340People
ACS 2023
What the data shows
The typical purchase mortgage here is $305K.
Cash-out refinance is the hardest money to get here: lenders approved 70% of 1,987 applications.
Lending by loan type in Yellowstone County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 89.6% | 6,740 | $305K | 97% | 214 |
| Home improvement loans | 75.0% | 1,416 | $55K | 97% | 47 |
| Cash-out refinance | 69.8% | 1,987 | $155K | 96% | 122 |
| Refinance | 82.8% | 1,434 | $255K | 94% | 117 |
| Investment property purchase | 91.8% | 680 | $215K | 98% | 87 |
| Investment cash-out refinance | 78.9% | 128 | $165K | 99% | 43 |
| Investment refinance | 93.9% | 148 | $165K | 96% | 32 |
| Investment home improvement | 81.3% | 91 | $75K | 96% | 23 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.