If you are dreaming of buying your first home, but not sure you can afford it, a low-interest mortgage and down payment assistance may be just the help you need. The Montana Board of Housing helps make home ownership affordable for first-time buyers by selling tax-exempt Mortgage Revenue Bonds and issuing Mortgage Credit Certificates (MCC) under federal authority. Mortgages are available through participating lenders in nearly every Montana community.
These pages will help you learn about our programs and find participating lenders. You will also find valuable information about home buying, the loan process, and what happens after closing.
As of December 1, 2017 at 5:00 PM, MCC's are temporarily suspended until Tax Reform legislation is passed. We apologize for the inconvenience. Thank you!
Program Update Memos
12/01/17 2018 Submission and Purchase Schedule Now Available
11/22/17 Proposed Federal Tax Reform Effect on MBOH
09/21/17 New MCC Fee Structure
06/12/17 Income & Purchase Price Limits Change
06/06/17 MT Veterans Home Loan Program Legislative Changes
04/07/17 MBOH Plus 0% Deferred Downpayment Assistance Program
02/06/17 Rate Increase to 3.50%
01/23/17 Allowable Fee Structure Limits
12/05/16 2017 Submission and Purchase Schedule Now Available
06/06/16 New Income and Purchase Price Limits
04/01/16 Going Paperless!
03/24/16 Setaside Program Changes
02/09/16 New Submission Voucher, Hazard Insurance Deductible Increase, Mortgage Record Change
11/16/15 Score Advantage Process Changes
10/16/15 Tax Service Fee and SRP Changes
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