On-Reserve Housing Loan Programs for First Nations

BMO Bank of Montreal On-Reserve Housing Loan Program

BMO Bank of Montreal is working with First Nations and their members to create on-reserve housing loan programs without federal government assistance. The programs are designed to reflect the specific needs of a First Nation and provide members the opportunity to own their own home through access to housing loans for the construction or purchase of owner-occupied, single family dwellings or to finance major renovations to existing homes.

BMO Bank of Montreal On-Reserve Home Renovation Program

BMO Bank of Montreal has introduced a financing option for First Nations to help their members upgrade existing single family, owner-occupied homes located on First Nation territory. Through access to personal loans from $5,000 to $25,000, on-reserve home renovation loan programs provide eligible borrowers the opportunity to renovate homes to increase energy efficiency and/or create a healthier environment. For more information, please contact your nearest BMO Bank of Montreal branch.

First Nations Market Housing Fund

The First Nations Market Housing Fund is a new and innovative initiative established by the Government of Canada and Canada Mortgage & Housing Corporation to give First Nations members greater access to housing loans on-reserve and on settlement lands. BMO Bank of Montreal is a participating lender for First Nations who qualify for the Fund. For more information visit the First Nations Market Housing Fund at www.fnmhf.ca.

Providing improved access to financial products and services to aboriginal communities