Montana Board of Housing First-Time Homebuyer Program

Montana Board of Housing

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Montana. Combines low-interest mortgage financing with optional forgivable down payment assistance. Income and purchase price limits apply based on location.

Forgivable second mortgage for down payment and closing costs

Official source site checked live on 2026-06-17.

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Down payment assistance up to $15,000
  • Available to first-time homebuyers
  • Income at or below 120% AMI
  • Forgivable after 10 years
  • Available through participating lenders

How to Apply

A grant-savvy contractor in Evergreen, MT can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing through participating lenders

Questions about this program?

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