Home Purchase Assistance

Matched Savings Accounts

NeighborWorks Great Falls can help put you on the path to homeownership with our matched savings account program to help with your down payment. This program matches your savings 3:1, which means you can save up to $1,000 and receive a match of $3,000 - giving you a total of up to $4,000 for down payment! The purpose of the program is two-fold: To help you establish savings and budgeting habits in preparation for homeownership, and to form a relationship with a lending institution. Note: Purchase of a NeighborWorks home is NOT required to participate in the matched savings program. Download application here.


  1. Cannot have owned a home within the last three years.
  2. You must have some regular source of earned income
  3. You must make consistent monthly deposits into the savings account.
  4. You must save for at least 6 months in the program

HOME Deferred Program

The HOME program available through NeighborWorks provides deffered loans between $2,500 and $25,000 (up to $50,000 in some cases) to help fill the gap between the total financing needed for a home and the amount the primary mortgage lender is willing to lend. These 0% interest deferred loans mean that you have no interest and no payments until you refinance, or sell the home. These loans are available to households with income at or below 80% of the county median income, based on family size.

20+ Community Second Program

This loan program provides up to 20% of total financing needed for borrowers. Loans are between $10,000 and $50,000 and allow borrowers to provide as little as 1% of the home purchase price as down payment. This product is particularly relevant, and affordable, for people in Montana’s urban areas where FHA loans requiring mortgage insurance are the only other option for some borrowers and are more expensive. Contact your lender and ask them to work with NeighborWorks Great Falls to see if this product can make homeownership a possibility for you.These loans are available to households with income at 115% county median income and below.

Interested? Get in Touch with Us!

The first step is to create a customer profile to meet with one of our homeownership planners. Please note: NWGF now requires any customer using the above programs to take an online post purchase course.

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