Montana Mortgage Rates
|Unlock Bank||3||15 Year Fixed||Jumbo||0.7 to 1||Show Phone Number||Learn More|
|Unlock Bank||2.75||15 Year Fixed||Conforming||0.7 to 1||Show Phone Number||Learn More|
|Unlock Bank||2.75||15 Year Fixed||FHA||0.7 to 3||Show Phone Number||Learn More|
|Unlock Bank||2.375||5 Year ARM||Jumbo||0.7 to 1||Show Phone Number||Learn More|
|Unlock Bank||2.5||5 Year ARM||FHA||0.7 to 3||Show Phone Number||Learn More|
|Unlock Bank||3.25||30 Year Fixed||FHA||0.7 to 3||Show Phone Number||Learn More|
|Unlock Bank||4||30 Year Fixed||Jumbo||0.7 to 1||Show Phone Number||Learn More|
|Unlock Bank||3.75||30 Year Fixed||Conforming||0.7 to 1||Show Phone Number||Learn More|
|Unlock Bank||2.25||5 Year ARM||Conforming||0.7 to 1||Show Phone Number||Learn More|
By: Morris Newman | November 2nd, 2012
FHA loan limits in Montana make it possible to buy mid-priced homes throughout this state of mountains, lakes and “big sky.” Montana has a relatively uniform housing market, in terms of price, and that state’s FHA loan limits reflect that. Unlike California and other states with high populations, that have a wide range of prices, Montana is made up largely of small cities and towns, where prices rise only slightly in the larger cities.
With only a few exceptions, the following loan limits apply to nearly all counties in the state: FHA will provide up to $271,050 for a single family residence, $347,000 for a duplex, $419,425 for a triplex and $521,250 for four units.
A slight uptick in loan limits can be found in Madison County, where FHA will insure up to $281,750 for a single family home, $360,700 for two units, $436,000 for three units and $541,800 for a four-plex. Prices again rise a little in Carbon, Yellowstone and Missoula counties, where the federal program will lend up to $291,250 for a single family home, $372,850 for a duplex, $450,700 for a triplex and $560,100 for a four-plex.
The next price bump is in Lake and Flathead counties, where the FHA loan limits are $301,250 for a single family home, $385,650 for a duplex, $466,150 for a triplex and $579,300 for four units. Housing is slightly more costly still in Ravalli County, where the federal loan program provides up to $303,750 for a single family property, $388,850 for a duplex, $470,000 for a three units and $584,150 for four units.
Both Jefferson and Lewis and Clark counties are among the more expensive in “Big Sky Country,” where the loan program provides up to $341,250 for a single family home, $436,850 for two units, $528,050 for three units $656,250 for a four-plex. Gallatin is the priciest housing market in Montana, where FHA provides up to $386,250 for a single family, $494,450 for a duplex, $597,700 for three units, and $742,800 for four units.
FreeRateUpdate.com surveys more than two dozen wholesale and direct lenders’ rate sheets to determine the most accurate mortgage rates available to well qualified consumers at about a 1 point origination fee.
Latest HARP Mortgage News March 12th, 2014
HARP 2.0: Available for Montanans with Underwater Mortgages
By: Morris Newman | November 1st, 2012
Good news is available for thousands of Montana homeowners who find themselves “underwater” on their mortgages: both the state and federal governments have programs to assist homeowners who owe more on their mortgages than their homes are worth. A new … Continue reading
Montana Mortgage Rates: Montana Mortgage Interest Rates Remain Consistent
By: Rosemary Rugnetta | January 31st, 2011
Today’s Montana mortgage interest rates remain consistent as investors are waiting to see what affect the disturbances in Egypt will have on oil and other markets around the world. Continue reading