Buy a House with No Down Payment

May 1, 2017 / Comments Off on Buy a House with No Down Payment

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 MTIDCDC Home Now Color LogoBUY A HOUSE WITH NO DOWN PAYMENT 

A down payment is one of the biggest hurdles to homeownership. Montana Community Development Corporation, a non-profit financing company serving Montanans for 30 years, has a new program that helps people buy homes with zero down payment. Called HomeNow, the program helps individuals who have steady jobs and qualify for a mortgage, but are unable to save up for a down payment. Unlike other down payment assistance programs, it is not a second mortgage. HomeNow covers up to 100% of a down payment at the time of closing, and is not limited to first-time homebuyers.

 

Borrowers can access this down payment assistance by working with HomeNow-affiliated mortgage lenders. Learn more about HomeNow here.