Making News

'Zero Down Payment' Grant Program for Homebuyers Expands to First Interstate Bank

Calling it a “game-changer,” a local nonprofit organization has announced that a zero down payment assistance program for homebuyers will be much more accessible in Montana.

Home loan clients at First Interstate Bank in Montana now will be able to use the HomeNow program, which allows qualifiers to receive up to 100 percent of a down payment and/or closing costs on select 30-year, fixed-rate mortgages. Unlike other loan programs, it’s a one-time grant, not a second mortgage, and the buyer does not need to pay it back.

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