Down Payment & Closing Costs
Deferred Second Mortgage
MONTANA HOUSING
$0.00
This can be used for down payment and closing cost assistance
You can use for up to 5% of sales price, up to $6,500
No monthly payments and 0% second loan, which is deferred until you sell the property or re-finance.
The income limit is $55,000 with minimum credit score of 620, max debt-to-income of 43%
Homebuyer Education is required
You must contribute $1,000+ to the transaction
4068412840
https://housing.mt.gov/Contact