Frequently Asked Questions from Buyers Is there a cost to have a buyer’s agent? No, commissions are paid by the seller and already determined by the listing contract they have with their agent. Access Realty is a member of the Missoula Organization of Realtors(R) and the Bitterroot Organization of Realtors (R) we participate in their Multiple [...]
Archive for Buyer Tips
USDA Direct Loan – Montana Home Buyer Programs
USDA Direct Loan – Montana Home Buyer Programs USDA Rural Development www.rurdev.usda.gov/mt/ Program Overview USDA Direct Loan is a loan that provides low- and very low-income applicants with 100% financing with no private mortgage insurance. Applicants must qualify through a local Rural Development office. Applicants may obtain financing to purchase an existing dwelling, purchase a [...]
VA Loan – Veterans Home Buyer Program
VA Loan – Montana Home Buyer Programs – Real Estate Department of Veterans Affairs www.homeloans.va.gov Program Overview VA Loan is a program in which the VA is authorized to guarantee loans to eligible veterans to build a house in which the veteran will occupy the home. The no down payment loan may include simultaneous purchase [...]
Fannie Mae Expanded Approval with Timely Payment Rewards – Montana Home Buyer Assistance Programs
Fannie Mae Expanded Approval with Timely Payment Rewards Fannie Mae MyCommunity Mortgage Program Overview Fannie Mae Expanded Approval with Timely Payment Rewards is a an option in Fannie Mae’s Desktop Underwriter automated underwriting system that allows lenders to take a more comprehensive view of a borrower’s credit-worthiness. As a result, lenders can offer mortgage loans [...]
FHA Loan – Montana Home Buyer Assistance Programs
FHA Loan – Missoula Real Estate – Montana Home Buyer Assistance Programs Program Overview FHA Loan is a offers a standard fixed-rate loan for 1- to 4-family owner-occupied houses and only requires a mimimum down payment of 3.5% from the borrower. This loan permits 100% of closing costs to be a gift from a relative [...]
Energy Efficient FHA Mortgage Insurance – Montana Home Buyer Assistance Programs
Energy Efficient FHA Mortgage Insurance – Montana H0me Buyer Assistance Programs Program Overview Energy Efficient FHA Mortgage Insurance is a is a no down payment FHA program for energy efficient homes. This program seeks to help achieve national energy-efficiency goals, reduce pollution and provide better housing for people who might not otherwise be able to [...]
