• Law enforcement officers, pre-kindergarten through 12th grade teachers and firefighters/emergency responders which reside in the community that they service.

• No Income restrictions

• Applicants must show evidence of need

• House must be located in Butte, Lawrence, or Meade County, Pennington, Fall River and other counties participating with Rural Development

• Completion of Homebuyers Education Program

• Post-Purchase Counseling within 90 days after purchase

• We strongly suggest a HOME INSPECTION

• Applicant-$500.00 out of pocket

• Assets-3 months of cash with maximum not to succeed $10,000

• Single Family home or Duplex property

Terms and Conditions:

Interest Rate: 0% for 5 Years

Security: Loan Agreement, LTV not to exceed 115%

Appraisal of home

Survey of property

Photo rights-allow pictures to be taken for marketing purposes

Applicant must have $500.00 out of pocket

Closing Costs:

Settlement Fee: $99.00

Other closing costs will apply:,(recording fee)

Maximum Loan Amount: $3,000.00

Payment Amount: No payments are required during the term of the loan unless the title to the property has been transferred or the homebuyer refinances. In the event of title transfer or refinance the amount is due and payable in full unless Loan Committee approves subordination. Upon maturity homeowner has option of paying in full or refinancing under NLS Loan Criteria.