Making home happen.
Congratulations — you’ve kicked off your home loan journey! Our friendly loan officers in Wyoming and Montana are here to help. We offer all kinds of loan programs, easy refinancing options, and helpful services to kickstart your path to Homeownership. Apply today!
Mortgage Rate Relief
5.011% APR* for eligible borrowers
Offered in Partnership with the Federal Home Loan Bank of Des Moines.
*This product is only available first-come, first-served for a limited time for the 30-Year Fixed Mortgage Rate Relief product. Loan example — for a 30-Year Fixed Mortgage Loan with a loan amount of $320,000, an annual percentage rate (APR) of 5.011% and interest rate of 4.875%, your monthly payments would be $1,693.47. Monthly payments exclude taxes and insurance. Rate effective 3/2/2026. Loans are subject to borrower/property qualification. This is not an offer of credit or commitment to lend.
How do I qualify?
Mortgage Rate Relief is available to homebuyers earning up to 80% of area median income (AMI), determined by the Federal Housing Finance Agency’s Underserved Areas Data. All owner/occupant’s income must be considered when determining eligibility for this interest rate reduction product. This includes any income you may have above what is used to qualify for the mortgage loan.
How much will this lower my mortgage interest rate?
Qualified applicants will receive an interest rate reduction up to 1.5 % below the current market rate. Qualified applicants will receive an interest rate. This interest rate reduction only applies to 30-year fixed-rate mortgage loans.
Are there any restrictions on the type of home I may purchase?
Mortgage Rate Relief may be used to purchase your primary residence and must be a 1-4 unit residential property. There are no neighborhood restrictions (i.e., type or location).
How do I apply for Mortgage Rate Relief?
Contact your mortgage lender to verify your eligibility for Mortgage Rate Relief and to explain the program in greater detail.
Who is FHLB Des Moines?
The Federal Home Loan Bank of Des Moines (FHLB Des Moines) is one of 11 regional Banks that make up the Federal Home Loan Bank System. As a member-owned cooperative, we work with more than 1,200 financial institutions to support mortgage lending, economic development and affordable housing. Our members include community and commercial banks, credit unions, insurance companies, thrifts and community development financial institutions.
FHLB Des Moines is a bank for financial institutions. This product is made available to you through your participating mortgage lender!
Fixed Rate Loans
Fixed-rate mortgages are the most common home loans in the U.S. With a fixed-rate loan, your interest rate and monthly payment stay the same the whole time. You pay it off over a set number of years, so you know exactly when it will be paid off.
First-Time Homebuyer
Buying your first home is an exciting milestone! First-time homebuyer loans help you buy your very first home by offering low down payments and interest rates. You usually need to complete a homebuyer education class to qualify.
Adjustable-Rate Mortgage (ARM) Loans
If you plan to live in your home for only a few years, want to tap into your home’s extra value, or need to combine bills into one payment, an ARM loan could work for you. ARM stands for adjustable-rate mortgage. These loans usually have a low interest rate at the start. After this fixed rate period ends, your monthly payment could go up or down.
VA Loans
The Department of Veterans' Affairs (VA) has a loan program for eligible veterans, active service members, and surviving spouses. These loans usually have easier credit checks and may need little or no down payment.
FHA Loans
If you have a low credit score or a small down payment, an FHA (Federal Housing Administration) loan might be your most affordable option. The FHA sets the rules for and insures these loans.
Home Equity Loans
Home equity loans let you borrow money based on your home’s equity. Equity is what your home is worth minus what you still owe on your mortgage. You can use a home equity loan to pay for home improvements or to combine other debts.
Single-Close Construction Loans
With a Single-Close Construction loan, you only pay closing costs once. We use an easy online tool to pay your builder fast. When your home is complete, your loan converts into a regular mortgage so you don’t have to apply again. If you’re not ready to build yet, ask us about lot loan financing.
Lot & Land Loans
Land or lot loans are a great choice for future home builders who aren’t ready to start construction yet. If you’re still working on your home plans, it’s smart to finance the land purchase first.
Jumbo Loans
If you’re buying a home in a high-priced area, you might need a jumbo loan. These loans go above the size limits set by the Federal Housing Finance Agency (FHFA), so they’re also called non-conforming loans. Jumbo loans usually have tougher rules and require a bigger down payment.