Welcome to Montana Board of Housing’s lender page. The success of Montana Board of Housing relies heavily on our partnership with lenders. We work with Participating Lenders throughout the state to offer low-interest loans to eligible buyers. We also offer down payment assistance and mortgage credit certificates, which may increase a potential buyers’ purchasing power.
The funds used to purchase loans are from tax-exempt bonds called Mortgage Revenue Bonds (MRB’s), therefore, the IRS imposes seven eligibility requirements for which all borrowers must qualify under:
It is our goal to make sure our participating lenders understand our loan process by offering a variety of resources, including training for lending staff. Contact us to request training or for more program information.
Kalispell In-Person Training
Date: Thursday, Oct. 17, 2024
Time: 9 a.m. MST
Location: Glacier Bank South Building 202 Main St., Kalispell, MT
Register Here.
Billings In-Person Training
Date: Thursday, Oct. 24, 2024
Time: 9 a.m. MST
Location: DoubleTree Hotel 27 N 27th St, Billings, MT
Register Here.
Virtual Training
Date: Tuesday, Oct. 29, 2024
Time: 9:30 a.m. MST
Location: Virtual Only via Zoom
Register Here.
Lender Training Materials:
Montana Board of Housing Training Presentation
Idaho Housing and Finance Association Training Presentation
MORTGAGE PURCHASE AND SERVICING GUIDE - UPDATED OCTOBER 2024 2024 Terms aND Conditions MBOH Quick Reference Guide Income Determination Guide
Participating lenders can use our password-protected online system to submit loan reservations, check loan status, download pre-filled product forms and view updates and special product announcements. Visit Lender Online, our lender portal, to log on and get started now:
Montana Department of Commerce
301 S Park Ave, Helena, MT 59620
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Montana Relay 711