Click To View Links

First Time Home Buyer Grants

Looking for Montana first time home buyer grants? You can find a complete listing of grants for home buying in Montana below.

So, you are considering the purchase of a home in Montana. Purchasing a home in any state is an exciting prospect!  

Exciting and sometimes daunting! However, don't let yourself become downhearted with the process.

It is my plan to give you some useful information in this article about first time home buyer grants which will help you with this exciting and much sought after venture.

Discover the money hand shake with home mortgage grants.

If you would like help navigating the home buying process, which includes finding a grant; searching for that perfect home or even selecting the right mortgage, click here and fill out the questionnaire for some free coaching and let's get this process started!

Montana First Time Home Buyer Grants

Montana Grants for Home Buying

To begin with, unfortunately, the State of Montana does not offer a Montana first time home buyer grant program for its residents. But there are some programs available that can assist.

First, there are a couple of organizations who do offer assistance. One is called the NeighborWorks Montana (NWMT). They offer various programs that can help. Some of them may be deferred loans. They have limitations and restrictions you need to meet.

There is also the "Score Advantage Down Payment Assistance Program (DPA)." This program is designed to help those who don't have the funds needed for the down payment or closing costs. It can provide up to $6,500 in assistance for those who qualify. This is a loan so it will need to be paid back.

Additionally, there is a program called "MBOH Plus 0% Deferred Down Payment Assistance." This also is a second mortgage, but has zero interest and no payments feature. It's not a grant though! When you sell or refinance the home, you have to pay this off at that time. But still can be very helpful to those who want to get a home but cannot afford the second payment.

Most of these options require you to be a first time buyer. So what does that mean? It means you haven't owned a home for three years. Thus you can be considered a first time buyer again! That is good news.

If you would like to investigate the requirements for these programs, click here.

Federal Home Mortgage Grants

However, the good news is that the federal government does offer grant assistance for first time home buyers in Montana. This program is maintained by the United States Department of Housing and Urban Development and is called the Homes and Communities program.

Their website contains useful information and applications. The website for the grant program maintained by the United States Department of Housing and Urban Development can be visited by using this link, HUD Grant Information.

Additional Home Buying Grants

Another website I would recommend that you view is the Government Grants website. This website offers a list of all federal government grant programs. It would be a good idea to take some time and browse through this site to see what it offers and the qualifications for application.

It is also good to start a savings program. By putting money away you then can save up for the down payment. Then if you get a program that doesn't need the money you saved, awesome, the saved monies can go for other things you may need for the home.

After reading this page on housing grants, you may find yourself wanting see if you qualify for a mortgage. Choosing a lender that works well with these programs requires a little effort.

If you need help estimating your mortgage closing costs, check out this FREE closing costs calculator by clicking here.

Perhaps a grant is not available in your state. Or you do not qualify for one. Don't get discouraged. If you still want to save money, check out this page that discusses the zero down payment program.

Otherwise, you may want to look at programs that have low down payment requirements

So have you found a home? Are you thinking about getting qualified for a mortgage? Maybe you want to visit our page on how to qualify for a mortgage.

Would you like some help? Perhaps a personal coach to guide you through the process is what you're looking for. For free coaching, fill out the questionnaire here. Then you will be contacted and offered the assistance you seek.

More Montana First Time Home Buyer Grant Support

Thank you for visiting our website for first time home buyers. Below you'll find more information to help you with grants for housing.

Click here for additional information on Montana First Time Home Buyer Grants.

This link will take you to the HUD website and you will see a map of the USA. Click on your state and then you'll find a list of the local counseling agencies in your own area.

Please tell others about this FREE information. Everybody else on the web charges for this kind of stuff!!

Happy House Hunting!!

Leave Montana First Time Home Buyer Grants and return to Grants State Lists main page.

Go to House Buyer Solutions Home Page.

Recent Articles

  1. Alabama First Time Home Buyer Grants

    Mar 06, 20 11:56 AM

    Itching for Alabama first time home buyer grants to purchase that home? Find the best grants for home buying in Alabama and other home mortgage programs available on this page!

    Read More

  2. Rhode Island First Time Home Buyer Grants

    Jan 01, 20 03:08 PM

    Searching for Rhode Island first time home buyer grants to purchase a home? Find cool grants/programs for home buying in Rhode Island available on this page!

    Read More

  3. First Time Home Buyer Grants State Lists

    Nov 13, 19 09:36 AM

    Looking for first time home buyer grants state lists? Find the coolest list of agencies by state helping you locate down payment help for that first mortgage.

    Read More

Buyer Programs

fha loans

The FHA Loan Products

Home Buyer Grants

zero down home loans

Zero Down Home Loans

Follow Us On Twitter

follow me on twitter