RedHouse › Locations › Great Falls, MT
Great Falls
RedHouse Lending's Great Falls office. One loan officer based here; the whole team behind them.
- Address
- 202 2nd Ave S Ste 201, Great Falls, MT 59401
- Phone
- (866) 722-4282
- Hours
- Monday to Friday, 8am to 5pm
- Areas served
- Great Falls, Black Eagle, Vaughn, Cascade County
In Great Falls
A military town, and what that means for your loan
Malmstrom Air Force Base sits just east of Great Falls, and the 341st Missile Wing is a significant part of the local economy. A good share of the buyers this office works with are active duty, Guard, reserve or veterans, and VA financing is often the right fit.
It is a benefit worth understanding properly. There is no monthly mortgage insurance on a VA loan, the funding fee is waived for some borrowers, and basic allowance for housing can generally be counted as qualifying income. Entitlement can also be restored and used more than once, which surprises people who assumed it was a one-time thing.
PCS timing is the other half of it. Orders, report dates and a house that has not closed yet do not always cooperate. Give your loan officer your dates at the beginning and the whole file gets planned around them.
The city, and the small towns around Cascade County
Great Falls housing stock runs from the older neighborhoods on the north and south sides to newer building out toward Gore Hill and the west end of town. Older homes appraise on condition, so it pays to know in advance which repairs a government-backed program will want handled before closing rather than after — that is a negotiating point while you are still under contract, and a headache once you are not.
Outside the city — Black Eagle, Vaughn, Sun River, Fort Shaw, Cascade, Belt — properties are often on a well and a septic system, sometimes on a shared road, and a good number of properties sit inside the USDA rural housing footprint. That footprint is drawn by parcel rather than by town line, so check the property itself instead of assuming from the mailing address.
A local office with the whole company behind it
You get one loan officer here, and behind that person a team that has closed more than 1,000 loans and carries over 100 years of combined lending experience. As a broker we are not limited to one lender’s rulebook, which matters when the file involves a VA entitlement question, a rural property, or a move that has to happen on the Air Force’s schedule rather than yours.