Title

Loans

Description
Learn more about loans and reverse mortgages, potential alternatives, and common pitfalls.
Topic Layout
Robust

Information

Buying a Home

By: U.S. Department of Housing and Urban Development (HUD)

Information for first time home-buyers.

Get Help to Buy a Home Through an Individual Development Account

By: Federal Deposit Insurance Corporation (FDIC)

The IDA Program helps you open the door to home-ownership. The IDA program is a 4:1 match savings account. You, as a participant, save up to $1,000 and receive a match of $4,000. This gives you a total of $5,000 for down payment and closing cost assistance towards the purchase of your first home.

Home Equity Credit Lines

By: Federal Trade Commission (FTC)

Information about home equity credit lines, including whether a home equity credit line is right for you and how much you should borrow on a home equity credit line.

Homebuyer Education and Counseling

By: Montana Board of Housing

Owning a home is a major financial responsibility. MBOH encourages prospective homebuyers to take homebuyer education before beginning the process of qualifying for a loan or searching for a home. Many MBOH programs require homebuyer education.

Reverse Mortgages: Basics

By: The American Association of Retired Persons (AARP)

Consider other options before taking out a reverse mortgage.

VA Home Loan Program

By: US Department of Veterans Affairs

Information about the VA Home Loan Program, including who is eligible.