Stop Paying Bozeman Rent

Tired of renting Bozeman Houses or apartments that don’t feel like home? Stop Paying rent in Bozeman, consider purchasing Bozeman Property.

Dreaming of buying your own Bozeman, Montana home but short on money for the down payment? You’re not alone.

For many Bozeman renters, buying that first home seems like an impossible task. Renters often feel trapped in the Bozeman rental scene. Fortunately, you can break free. Armed with professional Bozeman real estate information from Taunya Fagan, you can make owning your own Bozeman home a reality.

Buying That First Home

Buying your first home in Bozeman is an important milestone in home ownership, especially producing the cash or securing mortgages or financing for the down payment. This Bozeman real estate report, Stop Paying Rent, features professional tips and facts that should help you in the Bozeman home-buying process.

Learn about Bozeman home financing options. Look at ALL your assets in a new way, which may help resolve your home financing concerns.

Explore Options For A Low Down Payment

Hopefully, you already know you can make monthly house payments (you presently pay your rent don’t you?), but where will you get the down payment for your Bozeman home? How can you possibly save enough money for a down payment when you’re already paying rent every month?

You May Not Need As Large A Down Payment As You Imagined

There are many low down payment, even zero-down, payment programs available. Ask Bozeman real estate agent Taunya Fagan for information; she will help you find mortgage loan referral persons for Bozeman lending institutions. Call banks and mortgage companies listed in your phone book or the internet or do on-line Bozeman home loan searches and ask each mortgage and lending institution about specific home loan options, tailored to your needs. You may be pleasantly surprised with the outcome.

Home Buying Programs

There are also local, Montana, and US federal government programs designed to help renters become homeowners (see link at the top of this page). Again, ask your Bozeman real estate agent Taunya Fagan about these and other home-owning programs. A little homework may make the difference in financing your first Montana home.

Work With The Sellers

Ask the sellers if they would be willing to act as your lender and carry the loan. Sometimes, if you commit to pay more than the asking price, or you even offer to pay a higher interest rate, sellers who chose to carry the loan may not require a down payment or as large a down payment as a lending institution.

If you don’t have debt and own free and clear, an asset like a car, boat, or raw land may put you in good shape to qualify for your house loan. Ask your lending institution if they would lend you the down payment using your asset(s) as collateral. While this option may come with a higher interest rate, it may be an avenue that takes you somewhere.

Ask Friends Or Family Members For Assistance

Many lending institutions allow borrowers to use gifts for their home’s down payment. Maybe a family member or even a trust-worthy friend is in a good financial position to help you purchase your first Bozeman home. It’s worth the call.

Keep Saving For Your Bozeman, Montana Home!

While you explore your Bozeman home-acquisition options, continue to save money for your down payment on a regular basis, even if it’s only $50 each month. Not only will this habit of saving money bring you closer to your goal of home ownership in Bozeman, MT, but this habit may indicate to Montana mortgage institutions that you have a good record of responsible saving.


All information contained herein is derived from sources deemed reliable, however, is not guaranteed by Christie’s International Real Estate, Managing Broker, Agents or Sellers. Offering is subject to error, omissions, prior sales, price change or withdrawal without notice and approval of purchase by Seller. We urge independent verification of each and every item submitted, to the satisfaction of any prospective purchaser. 2015 – 2017 ©Copyright Taunya Fagan Montana Real Estate. All rights reserved. An independently owned and operated member of Christie’s International Real Estate. Equal Housing Opportunity.