Montana statewide grants & funding programs

The Homebuyers hub introduces Montana Board of Housing’s suite of affordable mortgage options and highlights that buyers can combine a low fixed-rate home loan with down payment and closing cost assistance to make purchasing a home more attainable.

Eligible for: Prospective Montana homebuyers who plan to occupy the home as their primary residence, can qualify for a Montana Board of Housing loan throu…

Montana Board of Housing’s Bond Advantage and MBOH Plus down payment assistance programs help first-time and income-eligible buyers statewide cover the up-front cash needed for down payment and closing costs.

Eligible for: Homebuyers must first qualify for a Montana Board of Housing Regular Bond Program 30-year fixed-rate first mortgage, work with a participati…

District XI Human Resource Council administers a first-time homebuyer down payment assistance program that provides HOME-funded, locally managed gap financing to help low- and moderate-income households in and around Missoula become homeowners.

Eligible for: First-time homebuyers in the Missoula region and surrounding counties whose household income is at or below roughly 80% of area median incom…

The City of Billings First-Time Home Buyer Program offers a 0% interest, deferred loan of up to $15,000 that helps income-eligible households cover the up-front cash needed to buy their first home.

Eligible for: Low-income first-time homebuyers purchasing a home within the City of Billings whose household income is at or below 80% of HUD Area Median …

NeighborWorks Montana’s Down Payment and Closing Cost Assistance programs provide flexible second-mortgage financing that fills the gap between what a primary lender will offer and the total funds needed for down payment and closing costs across large portions of Montana.

Eligible for: For the HOME-funded product, borrowers must be first-time homebuyers, single parents with dependent children, or households with a disabled …