Montana Board of Housing’s Regular Bond Loan Program is a 30-year, low-interest rate loan and is geared toward first-time homebuyers when their income and purchase price is below the posted limits. The income limits are based on the income of all members of the household who are 18 or older.
The home can be located anywhere in Montana and include single family homes, planned unit development, condos and manufactured homes. To be eligible for Montana Board of Housing programs, a homebuyer must first qualify for an FHA, VA, RD or HUD 184 first mortgage loan. Homebuyer Education may be required.
