Zero Down
A zero down loan is good when you don't have enough cash to pay your closing costs and make a down payment on the purchase of your home.
Zero down programs allow you to buy your home now, instead of waiting to save enough for a down payment.
There are several options available for buying a home with zero down.
- Get a new VA loan at 100 percent loan-to-value (LTV) if you are a qualified veteran from First Community Bank.
- Get a new Rural Development loan. This program allows 100% financing for homes outside the city limits, and is avaialble thru First Community Bank.
- Get a new MBOH first loan to purchase a home. Income and sales price restrictions apply.
Some zero down programs allow you to borrow 3 to 7 percent of the purchase price to pay your closing costs. Ask your loan officer if you qualify for any of these programs.
First Community Bank - 28 North Last Chance Gulch, First Floor - Helena, MT 59601
Office Phone: (406) 449-9800 Fax: (406) 449-9811 Toll Free Phone: (866) 908-9808
Lending in Montana for over 119 Years
In Business Since 1891 !
Check Out Our Banking Website at www.fcbank.net
Throughout this website information and interactive calculators are made available to you as self-help tools for your independent use. We cannot and do not guarantee their accuracy or their applicability to your circumstances. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Please complete the"Information for Government Monitoring Purposes" section on the Application only if you are applying for the Purchase or Refinance of your Primary Residence.
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