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How do I fill this out?
To fill out this application, start by completing the necessary sections accurately. Make sure to gather the required documents listed in the instructions. Finally, review your application for completeness before submission.

How to fill out the DPA Application Coversheet for Assistance?
1
Gather the required documentation as per the checklist.
2
Complete the DPA application form carefully.
3
Avoid filling the 'Proposed First Mortgage Information' section.
4
Review your application for any missing information.
5
Submit the application through the preferred method outlined.
Who needs the DPA Application Coversheet for Assistance?
1
First-time homebuyers seeking financial assistance.
2
Low-income families needing help with down payments.
3
Individuals undergoing counseling for home purchasing.
4
Real estate professionals assisting clients with DPA applications.
5
Nonprofit organizations referring clients for financial aid.
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What are the instructions for submitting this form?
To submit the DPA application, you can drop off or mail the completed forms to HRDC at 32 S Tracy Ave, Bozeman, MT 59715. Alternatively, email your application along with all required supporting documents to Ken Martinez at dpa@thehrdc.org. Ensure all documents are included to avoid delays in the process.
What are the important dates for this form in 2024 and 2025?
For 2024 and 2025, important deadlines for DPA applications will typically be aligned with local housing assistance program schedules. Applicants are encouraged to check for any annual updates regarding application windows and funding availability. Keep an eye on official announcements for the most accurate and timely information.

What is the purpose of this form?
The purpose of this form is to facilitate the application process for Downpayment Assistance (DPA) offered by the HRDC. The DPA program helps eligible individuals and families secure housing by providing financial resources for down payments. Completing this form accurately is crucial for receiving the necessary assistance and navigating the home-buying process.

Tell me about this form and its components and fields line-by-line.

- 1. Applicant Information: Basic personal details of the applicant including name, address, and contact information.
- 2. Co-Applicant Information: Information about any co-applicants involved in the mortgage process.
- 3. Employment Information: Details regarding the applicant's current employment and income.
- 4. Monthly Income Information: Overview of various income sources for both the applicant and co-applicant.
- 5. Housing Expense Information: Information about current housing costs and expenses.
- 6. Proposed First Mortgage Information: Details related to the potential mortgage including types and amounts.
What happens if I fail to submit this form?
If the DPA application is not submitted properly, applicants may miss out on potential financial assistance. Incomplete applications can cause delays in the assistance process and lead to disqualification from aid. It's crucial to ensure all sections are filled out and all necessary documentation is included.
- Incomplete Applications: Applications that lack necessary information may be returned or rejected.
- Missed Deadlines: Failure to submit by the deadline can result in ineligibility for assistance.
- Lack of Required Documentation: Not providing supporting documents can hinder the processing of your application.
How do I know when to use this form?

- 1. Applying for Financial Assistance: Those needing financial help for down payments should complete this form.
- 2. Income Verification: This form is used to verify income and household information.
- 3. Homebuyer Counseling Preparation: Applicants participating in homebuyer counseling sessions need this form.
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