JOIN OUR INTEREST LISTCONTACT US
Mountain View Meadows
where
to start

Lenders offer a variety of loan instruments to fit home buyers’ needs and interests. Take time to meet with a loan officer at your preferred bank or mortgage company who can assist you in exploring the available options and pre-qualify you for the home of your dreams.

Types of Loans and Resources

Conventional Loan: Conventional loans have established guidelines for borrower credit scores, income requirements and minimum down payments. Most conventional loans require a minimum of 5 percent down and have either fixed or adjustable interest rates. Typical fixed interest rate loans have a term of 15, 20 or 30 years. A shorter-term loan usually results in a lower interest rate.

Montana Veterans Home Loan Program: Created by the 2011 Montana Legislature and funded by $15 million of the Coal Tax Trust Fund, this program is designed to assist Montana National Guard and federally-qualified eligible veterans and their families achieve the American dream of owning and living in their own homes. The benefit of the program is a fixed-rate, 30 year mortgage loan at 1% lower than either the FNMA or MBOH posted interest rate. There are no income limitations, but $2,500 minimum investment required by borrower towards the loan amount. http://housing.mt.gov/About/homeownership/mtveteranhomeloan.mcpx   

Regular VA Home Loan Program: The Veterans Administration (VA), insures the loan so your lender can offer you a better deal. Down payment is -0-% of the purchase price.  The closing costs and fees can be paid by the seller.

FHA Loan: The Federal Housing Administration (FHA), which is part of HUD, insures the loan so your lender can offer you a better deal. Down payment can be as low as 3.5% of the purchase price. Most of your closing costs and fees can be paid by the seller. http://portal.hud.gov/hudportal/HUD?src=/buying/loans

NeighborWorks Montana NeighborWorks Montana offers a variety of loan programs that enable individuals and families of lower and moderate income to achieve the American Dream of homeownership. Eligibility for all programs depends on income, number of people in the family, and credit worthiness. NeighborWorks provides home purchase financing through down payment and closing cost assistance as well as matched savings accounts. http://www.nwmt.org/

184 Native American Housing Program 184 Indian Housing Loan Guarantee Program is designed to offer homeownership and new construction opportunities for eligible Native American individuals or families who want to own a home. Montana Board of Housing partners with HUD, who administers the program, to provide affordable mortgage rates for HUD 184 insured loans. Loan benefits include a 30-year fixed rate loan, with no origination or discount points charged at closing. Must be a first-time homebuyer in Lewis & Clark County and a member of a federally-recognized tribe. http://housing.mt.gov/About/homeownership/hud184.mcpx

If you are interested in additional information about the different
loan options available to you or to prequalify for a new home contact a lender of your choice.
Below are a number of lenders who have helped homebuyers secure loans for
purchasing or building a new home at Mountain View Meadows.
Opportunity BankDon Kessler
Mortgage Loan Officer
406.442.4522 direct
406.439.9533 cell
[email protected]
www.opportunitybank.com
First Community BankDennis Hansen
Loan Officer
406.422.4535 direct
406.459.8393 cell
[email protected]
www.fcbank.net
Wells Fargo Home MortgageDavid Flugge
Home Mortgage Consultant
NMLSR ID 729370
406.443.8839 direct
406.868.7915 cell
[email protected]
www.wfhm.com/david-flugge
Rocky Mountain BankCrystal Eckerson, NMLS # 400351
Mortgage Loan Originator
406.447.5721 direct
406.461.6596 cell
[email protected]
www.rmbank.com
Mann MortgageCorey Hill
Branch Manager
406.457.5205 direct
406.461.7969 cell
[email protected]
helena.mannmortgage.com
First Community BankTracy Kuehn
Assistant Branch Manager
406.449.9800 direct
406.439.6672 cell
[email protected]
www.fcbank.net