At a glance
From its website, read 2 Nov 2026Montana Homeownership Network, Inc. The is a loan fund based in Great Falls, Montana. Its website describes affordable housing development loans and home mortgages. Stated loan amounts run from $1,500 to $65,000. The business loan rate it states is 3.5%.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Main | (406) 604-4540 source |
|---|---|
| Website | www.nwmt.org |
| Office (official list) | 17 5th Street South, Great Falls, MT 59401 |
What their website says about applying
We always encourage aspiring homeowners to start the home purchase journey with education by attending a homebuyer education class or meeting with a housing counselor.
sourceFind a class and housing counselor in your area.
sourceIf your project might benefit from REDA financing please don’t hesitate to reach out to us!
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Rates and terms they state
Read 2 Nov 2026| Loan | Stated | Text on the lender's site (verbatim) | Page |
|---|---|---|---|
| Affordable housing development loans | Rate: 3.5% | Interest rates targeted at 3.50% | source |
| Home mortgages | Rate stated, not as an APR: see their wording | 0% deferred loan for first-time homebuyers | source |
| Affordable housing development loans | Term: up to 2 yr | Up to 24 months | source |
| Affordable housing development loans | Term: up to 10 yr | Permanent loan terms up to 10 years except for LIHTC projects (up to 17 years) | source |
As published on the lender's website on that date, not an offer or a quote. Your rate depends on the lender's review. A missing rate means the pages we read did not state one. For consumer loans we repeat a rate only when the lender states it as an APR (annual percentage rate, which includes fees); otherwise read the lender's own wording and ask for the APR.
Who qualifies, in their words
- Income limit applies
clients do not have to be first-time homebuyers, can have incomes up to 150% AMI, and can contribute as little as 1% down
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | Yes |
| Date certified (as listed) | 13 Jul 2025 |
| RSSD ID | — (none listed) |
| Address | 17 5th Street South, Great Falls, MT 59401 Directions (Google Maps) |
| Website | www.nwmt.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The pages are for NeighborWorks Montana, and the Matched Savings Program is excluded as a savings product. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Affordable housing development loans | — | provides loans for preservation and development of affordable housing in Montana. | source |
| Home mortgages | $1,500 – $50,000 | Loans are available for between $1,500 and $50,000 to help cover down payment and closing costs. | source |
Loan sizes
Loans are available for between $1,500 and $50,000 to help cover down payment and closing costs.
sourceMinimum loan amount: $10,000
source$2,500 to $65,000
source$2,500 to $20,000
source
Range used for the size filter: $1,500 to $65,000
Service area
Not stated on the pages we read.
Borrower focus
Languages
- No non-English service found on the pages we read.
Online application
No online application link found on the pages we read.
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- Do you lend where I live, or where my business is?
Their website does not say which area they serve. - What is the APR, including fees, on your home mortgages?
Their website states a rate, but not as an APR. The APR includes fees, so it is the number to compare. - Is there a minimum credit score, and do you consider borrowers with little or no credit history?
Their website does not say what credit history they accept. - Do you need collateral, a business plan or a minimum time in business?
Their website does not say what they require. - Do you offer down-payment help, and is a homebuyer education course required?
CDFI home loans often come with homebuyer education or down-payment help; their website does not say. - Can I apply online, or do I need to call or visit?
We found no online application on their website. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$11.3 million in 12 awards from the U.S. Treasury's CDFI Fund, 2005–2024 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2024 | CDFI Program, Financial Assistance | $800,000 |
| 2022 | CDFI Program, Financial Assistance | $560,000 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2021 | Capital Magnet Fund | $2,000,000 |
| 2019 | CDFI Program, Financial Assistance | $650,000 |
| 2018 | CDFI Program, Financial Assistance | $700,000 |
| 2015 | CDFI Program, Financial Assistance | $1,750,000 |
| 2011 | CDFI Program, Financial Assistance | $1,500,000 |
| 2010 | CDFI Program, Financial Assistance | $750,000 |
| 2009 | CDFI Program, Financial Assistance | $600,000 |
| 2007 | CDFI Program, Technical Assistance | $64,875 |
| 2005 | CDFI Program, Technical Assistance | $50,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Sep 2023| Total assets | $44.1M |
|---|---|
| Total liabilities | $14.1M |
| Net assets | $30M |
| Total revenue | $7.8M |
| Notes and loans receivable, net (Part X line 7) | $36.5M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending September 2023 (tax year 2022; EIN 81-0543240, filed as “MONTANA HOMEOWNERSHIP NETWORK INC”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Sep 2021 (990) | $31.4M | $16.3M | $4M | $25M |
| Sep 2022 (990) | $42.8M | $26.6M | $13.9M | $31.8M |
| Sep 2023 (990) | $44.1M | $30M | $7.8M | $36.5M |
Total assets grew 40% from Sep 2021 to Sep 2023; notes and loans receivable rose 46%. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| Largest loan its website states | $65,000 | Other loan funds whose website states a maximum: median $275,000. Higher than the stated maximum of 16% of these 184. |
| Total assets, latest IRS Form 990 | $44.1M | Larger than 76% of the 449 other certified loan funds and venture funds nationwide with a matched Form 990 (median $15.6M). |
| Business loan rate its website stated (2 Nov 2026) | 3.50% | Prime rate that day: 7.00% (FRED DPRIME), so the lowest stated rate is 3.5 pts below prime. For an SBA 7(a) variable-rate loan the legal maximum is prime plus 3 to 6.5 points, by loan size. |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 16% |
| Form 990 total assets | certified loan and venture funds with a Form 990, nationwide | 449 | larger than 76% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. Form 990 figures: IRS annual extracts (see the Form 990 section). Prime rate: FRED DPRIME.
Other certified CDFIs in Great Falls and Montana
- Great Falls Development Authority, Inc.Loan fund · Great Falls, MTSBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Clearwater Federal Credit UnionCredit union · Missoula, MTEnergy / solar / efficiency loans, Home mortgages, Personal / consumer loansVerified
- Grasslands Federal Credit UnionCredit union · Circle, MTAuto / vehicle loans, Equipment loans, Home mortgages, Small-business loansVerified
- Montana Community Development CorporationLoan fund · Missoula, MTSmall-business loansVerified
- NACDC Financial Services Inc.Loan fund · Browning, MT · Native CDFICredit-builder loans, Small-business loansVerified
- Peoples Partners for Community DevelopmentLoan fund · Lame Deer, MT · Native CDFIAgriculture / farm loans, Credit-builder loans, Personal / consumer loans, Small-business loansVerified
Work at Montana Homeownership Network, Inc. The? Link to this page
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CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.