Cover your down payment with a low-interest loan from HRDC.
This program can provide down payment assistance to qualified first time homebuyers in Gallatin, Park, and Meagher Counties.
Qualified first time homebuyers may be eligible for down payment assistance up to $30,000.00. This is in the form of a second loan at 0% interest and deferred repayment.
This program is for first time homebuyer households earning 80% or less of the Average Median Income (AMI) adjusted for household size in Gallatin, Park and Meagher Counties.
The first step to qualify for down payment assistance is to complete HRDC’s Homebuyer Education class, complete one-on-one counseling, and contact our Homeownership Program Coordinator by email at email@example.com or by phone at 406.585.4895.