1. (1) To qualify for a VHLP loan, an applicant must:

   1. (a) be a Montana resident;
   2. (b) be an eligible veteran or a deceased eligible veteran's surviving spouse who is not and has not remarried since the death of the deceased eligible veteran;
   3. (c) be a first time home buyer; and
   4. (d) have successfully completed a homebuyer education class approved by the board.
2. (2) There is no income limit for VHLP loan eligibility.

Authorizing statute(s): 90-6-104, 90-6-106, MCA

Implementing statute(s): 90-6-104, 90-6-106, MCA

History: NEW, 2011 MAR p. 2024, Eff. 9/23/11; AMD, 2025 MAR, Notice No. 2025-345, Eff. 11/8/25.