The Best Mortgage Lenders in Crow Agency, MT
Compare verified mortgage lenders serving Crow Agency, Montana. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Crow Agency
Featured Mortgage Lenders
Guaranteed Rate
Guaranteed Rate, Inc.
Guaranteed Rate is a top-rated national mortgage lender with a strong local presence in Billings, serving Crow Agency and surrounding areas. Known for its competitive rates and digital mortgage process, the company has built a reputation for efficiency and customer satisfaction. With over two decades of experience, they offer a wide range of loan products and have high customer ratings for their responsive service and transparency. Their Billings office provides personalized support for homebuyers in rural and reservation communities, making them a reliable choice for mortgage needs in southeastern Montana.
Loan Types:
New American Funding
New American Funding
New American Funding is a highly regarded mortgage lender with a branch in Billings that actively serves Crow Agency and the broader Big Horn County region. They are praised for their diverse loan options, including programs for first-time homebuyers and those in Native American communities. With a focus on customer education and support, they have consistently high ratings for their attentive service and competitive rates. Their long-standing presence and commitment to community involvement in Montana make them a trusted partner for residential mortgages.
Loan Types:
Movement Mortgage
Movement Mortgage, LLC
Movement Mortgage is a reputable lender with a solid footprint in Billings, offering services to Crow Agency and nearby rural areas. They are recognized for their fast processing times and excellent customer service, with numerous positive reviews highlighting their reliability and local expertise. Founded in 2008, they combine innovative technology with personal touch, providing a range of mortgage solutions tailored to individual needs. Their dedication to community support and high satisfaction ratings positions them as a top choice for home financing in southeastern Montana.
Loan Types:
Frequently Asked Questions
Common questions about mortgage lending in Crow Agency, MT
Are there specific mortgage programs for homebuyers on the Crow Reservation in Crow Agency, MT?
Yes, homebuyers should explore the Section 184 Indian Home Loan Guarantee Program, which is specifically designed for Native American families, tribal entities, and Alaska Natives. This program offers low down payments, flexible underwriting, and competitive interest rates for properties on trust land or fee-simple land within the reservation. It is a crucial resource for building homeownership in Crow Agency.
How does buying a home on trust land in Crow Agency affect the mortgage process?
Purchasing a home on tribal trust land involves a unique process, as the land is held in trust by the federal government for the tribe. Lenders must be approved to offer loans on trust land, often through the Section 184 program. The leasehold interest in the land, rather than the land itself, typically serves as collateral, which requires specific legal steps and approvals from the Bureau of Indian Affairs (BIA).
What are typical down payment requirements for mortgages in Crow Agency, MT?
Down payment requirements can vary. For conventional loans, 3-5% is common, but for the widely used Section 184 loan, the down payment can be as low as 1.25% for loans over $50,000. Additionally, Montana Board of Housing (MBOH) programs, which are accessible in Big Horn County, may offer down payment assistance to eligible first-time homebuyers with moderate incomes.
Are there local first-time homebuyer assistance programs available in Crow Agency?
While Crow Agency itself may not have a city-specific program, homebuyers have access to Montana-wide programs like those from the Montana Board of Housing (MBOH), which offer competitive interest rates and down payment assistance. It's also advisable to check with the Crow Tribe's Housing Authority, as they may have information on tribal-specific grants or housing initiatives for qualified members.
How do property appraisals work for homes in Crow Agency's rural market?
Appraisals in this rural area can be challenging due to a lower volume of comparable home sales ("comps"). An appraiser familiar with the local market and properties on the reservation is essential. For Section 184 loans, the appraisal must meet HUD guidelines and account for the unique aspects of trust land leases. This process can sometimes take longer than in urban markets.
Nearby Cities
Explore mortgage lenders in cities near Crow Agency, MT
Why Choose a Mortgage Lender in Crow Agency?
Local Market Knowledge
Lenders who understand Crow Agency's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Montana.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Crow Agency and get competitive rates on your home loan.