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Montana Veterans Home loan program 2019 Legislature has approved another 10 million dollar allocation to the Montana Veterans Home Loan Program. Participating lenders are allowed to reserve funds immediately, however, Montana Housing cannot fund loans until after July 1, 2019 in the program.

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FHA single-family mortgages in MONTANA can have down payments as little as 3.5%. In some cases, FHA insurance allows homebuyers to finance approximately 96.5% of the value of their home purchased with their FHA mortgage.

Being a Physician focused mortgage team in Montana, we understand your unique situation. From the time you apply for your physician loan, to the big day you sign closing documents and get the keys to your new home, the entire loan process is managed and overseen in our office by our specially trained and experienced staff.

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Montana Housing will administer the Program with the Montana Board of investments (mboi) purchasing the mortgages. The mortgage interest rate is 1% lower than market and assists eligible veterans purchase their first home. Program offers: Maximum loan amount of $257,607 (Eff.

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A pre-payment penalty is a charge that the lender imposes if your mortgage loan is paid off within a certain amount of time. Typically, pre-payment penalty loans are niche oriented and are only required in certain circumstances. Pre-payment penalties can also be used to lower the overall APR of the mortgage loan.

Making home happen, wherever you are in Montana or Wyoming Who We Are Our experienced, friendly and fast mortgage team is based in Sheridan, but we serve Wyoming and Montana when it comes to providing home loans.