Montana Big Sky Trust Fund

Montana Board of Housing

Available Down Payment

About This Program

Down payment and closing cost assistance for low- and moderate-income first-time homebuyers in Montana. Provides forgivable loans in combination with Montana Housing first-time buyer mortgages. Loan forgiven after 5 years of owner occupancy.

Forgivable loan for down payment/closing costs, forgiven after 5 years

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

Key Details

  • Up to $5,000 forgivable loan for down payment
  • Must be used with MHFA first mortgage
  • First-time homebuyer required
  • Income at or below 80% AMI
  • Forgiven after 5 years of occupancy

How to Apply

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

Deadline: Ongoing, subject to fund availability

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