First-Time Home Buyer Program


The City of Billings offers zero interest, deferred payment loans up to $15,000 to assist low-income households purchase their first home.

  • Current Loan Holders: Information for households previously assisted with city funding to purchase their first home, including subordination processes, home maintenance and foreclosure prevention.
  • Lenders & Realtors: A flowchart and other documents are available to assist lenders and realtors assist potential homeowners seeking to purchase their first home.
  • Prospective Homebuyers: This page further explains the application process for City loan assistance to purchase a home, including how to access city-owned properties, information on lead-based paint, homebuyer education and financial information.