BUY 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.