First Time Homebuyers Down Payment Assistance (DPA)
Down Payment & Closing Costs
Deferred Second Mortgage
Montana Department of Commerce
$0.00
This program can be used for down payment costs. It can be used for up to 5% of the sales price, but it is capped to $12,500. There is a minimum credit score of 620 required for all borrowers. You will need to go to Homebuyer Education and contribute at least $1000.
- Requires a Montana Housing 30-year first mortgage, both loans have the same fixed rate - Minimum credit score of 620 for all borrowers - Homebuyer Education is required
Montana Housing
301 S. Park Ave. P.O. Box 200528 Helena, MT 59620-0528
4068412840
https://housing.mt.gov/Contact