Home Loans
Apply NowMontana's Choice for Home Loans
We all know the purchase of a home is one of life's biggest milestones. You'll want a local lender on your side to be your advocate as you navigate the mortgage process. Our home loan experts are your future community members and will work hard on your behalf to secure a competitive rate and get you into your dream home as quickly as possible. What's better - if you're in a competitive buying situation, a home loan from a trusted local lender may make your offer more favorable. Start your home loan process today with one of our experienced lenders.
Buy A Home
Learn how our personal home loan experts can assist you with the loan that meets your needs as you begin the journey of buying a house.
Refinance A Home
Work with one of our Real Estate Loan Officers to learn if you qualify to refinance your current loan to a lower interest rate.
Build Or Remodel A Home
See how one of our loan experts can help you while you begin the process of building or remodeling your home.
Market Trends
Get an in-depth analysis of trends in the mortgage industry and important housing news.
Home Loan Support
Find various ways to connect with one of our home loan experts.
Homebuyer's Guidebook
Find a guidebook with information about buying a home.
Make Your Loan Decision Confidently
We believe our clients deserve transparency about their loan options, and our total cost analysis gives you the information you want to have about your loan. The first step is to get pre-qualified by one of our home loan professionals.
What type of loan is right for me?
Every borrower is unique. The right loan choice depends on many factors. We highly recommend talking with one of our Real Estate Loan Officers who can help guide you through the process. Here is some general information about several different loan program options.
Fixed Rate or Adjustable Rate
A fixed-rate loan provides a fixed rate throughout the life of the loan, meaning the rate will not change 10, 20, or 30 years from now. A fixed-rate loan may be the better choice if you want stable payments and plan to live in your home long-term.
With adjustable-rate mortgages (ARMs), the interest rate will fluctuate over time. ARMs can either go up or down, which will affect your monthly payment. An ARM may be a good option if you only plan to live in your home for a few years.
Conventional Loan
With a conventional loan, the lender assumes the risk for lending you money. As a result, conventional loans have more stringent credit requirements and higher down payment requirements.
- Conforming loans are those that adhere to loan limits set by the Federal Housing Finance Agency (FHFA). As of 2025, the conforming loan limit is $806,500 for one-unit properties.
- Jumbo loans are those that exceed the conforming loan limits. Interest rates are usually higher on jumbo loans because they represent greater risk to the lender. There may also be stricter credit standards and underwriting requirements.
Government-Sponsored Loan
With a government-sponsored loan, such as FHA, VA, or USDA, the government backs the loan, or assumes the risk for lending you money. They typically have easier requirements to qualify for, and can have as little as no downpayment.
- FHA loans are backed by the Federal Housing Administration (FHA). Because of reduced requirements to qualify, borrowers are required to pay a mortgage insurance premium (MIP) on top of their monthly payment.
- VA loans are backed by the U.S. Department of Veterans Affairs, and require no down payment (100% financing) and no mortgage insurance. They are available to eligible veterans, active-duty members, reservists, National Guard members, and surviving spouses.
- USDA loans are backed by the U.S. Department of Agriculture, and are available for homes in eligible rural areas. While USDA loans do not require a down payment, they do require mortgage insurance.
Homebuyer's Guidebook
This Homebuyer's Guidebook offers guidance to assist you in the homebuying process.
Read Full ArticleFall Home Maintenance
The first day of fall has now come and gone so it’s a great time to start doing some fall cleaning and home maintenance projects. One of the best ways to increase equity and improve the curb appeal of your home is to do simple maintenance and cleanup.
Read Full ArticleWant to Buy Your First House? Here’s What You Need to Know
Most first-time homebuyers don’t have a clue what they would even qualify to buy, and many have that “deer in the headlights” look when they walk in. The purpose of this post is to help you understand what to bring to your mortgage lender and what to expect when buying your first home.
Read Full ArticleWhat paperwork do I need to provide?
The checklist below will give you an example of the most commonly requested items, but each loan application is unique so your lender may request more, or less, documentation after reviewing your application.
Verifying your income
Income verification involves not only verifying what you currently receive, but also determining the likelihood that you will continue to receive that income in the future.
- Paystubs from within the last 60 days
- W2s from the last two years
- Social Security Income? – collect a copy of your award letter and most recent bank statement showing the deposit going into your account
- Pension, disability, or other automatic income deposits? Copy of award letter showing how long you will receive the income for, and the amount you will receive.
- Rental Income? Locate up to most recent two years of tax returns
Verifying your assets
Which account are your closing costs or down payment funds coming from? Lenders are required to verify certain funds are readily available in your account and are also required to trace the source of certain large deposits.
- Two most recent bank statements, make sure they are within the last 60 days, and you provide all pages of the statement. (yes, even the blank ones)
- If you are listing retirement account funds on your application, we’ll need a copy of your most recent quarterly account statement.
Are you Self-Employed?
If you are self-employed, or a portion of your household income is from self-employment, additional documents will be requested
- Two years of business tax returns, with all schedules (if applicable)
- Most recent three months of business bank account statements dated
- Year-to-date Profit and Loss statement
Do you receive Rental Income?
Lenders are required to verify the total monthly payment amounts for each rental property, including the amount owed for financing, property taxes, insurance, or HOA dues.
- Most recent mortgage statement for each financed property
- Copy of your property tax bill and hazard insurance declarations page for each property owned
- Real Estate
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