80% Combined Program

80% Combined Program This Montana down payment program is designed to offer an alternative purchase loan option to Montana borrowers in areas that do not qualify for Rural Development (RD) loans. Eligible Montana borrowers put less than 20 percent Montana down and do not have to pay mortgage insurance because of an amortizing second loan. Buyers must contribute at least $1,000 and have a credit score of at least 640.

Leave a Comment