Investor profile - MT
Steve Welts
Steve Welts is a real estate investor and operator based in Billings, MT. Public filings show activity across 6 properties held through 2 holding companies. Recent mortgage relationships include Yellowstone Bank, YELLOWSTONE BK, and M&T Bank.
Steve's Activity
As of December 2025, public records show approximately $8.3M in recorded mortgage exposure linked to this investor across at least 10 mortgage filings and 6 properties held through 2 holding companies. Activity appears concentrated in residential and vacant assets recorded between 2010 and 2023.
Primary Geography
Billings, MT
ZIP codes: 59106 and 59101
Most recorded activity for this investor appears in BILLINGS.
Property Type Breakdown
Associated Entities (2)
MT · 21 properties · 35 mortgages
MT · 4 properties · 10 mortgages
Mortgages (10)
Top Lenders
| Date | Amount | Status | Lender | Borrower | Address |
|---|---|---|---|---|---|
| 12/21/2018 | $278k | Open | PHH HOME LOANS | WELLS BUILT HOMES INC | 1519 RUBY RANGE WAY, BILLINGS, MT 59101 |
| 12/18/2018 | $414k | Open | Yellowstone Bank | WELLS BUILT HOMES INC | 6043 AUTUMNWOOD DR, BILLINGS, MT 59106 |
| 11/09/2017 | $900k | Open | Yellowstone Bank | WELLS BUILT HOMES INC | - |
+7 more not shown
Owned Properties (6)
| Address | Deeded owner | Status | Consideration |
|---|---|---|---|
| 1519 RUBY RANGE WAY, BILLINGS, MT 59101 | RUSSELL BURLEY | Sold | $347k |
| 6043 AUTUMNWOOD DR, BILLINGS, MT 59106 | WELLS BUILT HOMES INC | Sold | $518k |
| 4727 AUDUBON WAY, BILLINGS, MT 59106 | WILLIAM PHILLIPS | Sold | $115k |
+3 more not shown
FAQ
What type of real estate does this investor focus on?
Associated mortgages and deeds show activity in residential and vacant properties across Billings, MT.
What companies is Steve Welts associated with?
Steve Welts is associated with 2 entities based on extracted signatures from public records. Key entities include WELLS BUILT INC and WELLS BUILT HOMES INC.
How many properties are associated with this investor?
At least 6 properties are associated with Steve Welts and the entities they control, based on signatures extracted from recorded documents connecting Steve Welts to the entities.
Which lenders has this investor worked with?
Recent mortgage activity references Yellowstone Bank, YELLOWSTONE BK, and M&T Bank, indicating a mix of lending relationships.
How recent is their activity?
Records show activity from 2010 through 2023, with the most recent mortgage recorded in 2018.
How is associated activity determined?
Elementix uses AI to extract signatures from recorded documents. These signatures are used to determine the relationships between people and entities. This is a novel approach that goes beyond looking at corporate filings and skip-tracing.
The information displayed on this page is compiled from recorded real estate documents, business filings, and other lawfully available sources. Elementix summarizes and analyzes public record activity related to investment real estate and associated business entities. Any contact indicators shown (such as email domain references or partial phone digits) are provided solely as unverified signals and may be incomplete or outdated.
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