Fairway Mortgage

Amber Docken

Loan Officer



  • Divorce: If you are divorced, a divorce decree will be needed. If you receive alimony and/or child support, or are obligated to pay either, bring applicable documentation (assignment of debt, division of property etc...) 
What are the basics? 
  • Must be a first time home Buyer.
  • Funds withdrawn from a first-time home buyer savings account are not subject to Montana income taxation if used for eligible costs for the purchase.
  • Saving accounts can be established at any State or federally chartered bank, a savings and loan, a credit union, a trust company, a mutual fund company or with a brokerage firm.
  • The maximum amount that can be used to reduce Montana taxable income is $3,000 annually for each taxpayer.

First-Time Home Buyer Savings Account

Montana residents can save money in a special savings account for the purchase of a first home and save on Montana Income taxes.

  • Property Info: If this is a new purchase, a complete copy of the Buy-Sell Agreement with signatures of both Buyer and Seller. (If this is a refinance, the Tax Parcel Number or Legal Description, along with a current mortgage statement.)
  • Assets: Your two (2) most recent months statements for all assets listed on your loan application, all pages are necessary (checking, savings, investments, 401K, IRA, etc...)

  • Income: Copies of your last two years of Federal Income Tax Returns, complete with all pages and W-2's as well as your two most recent pay stubs.

Financing basics

Federal regulations have just changed (again!) and now enforce strict contract timelines. To ensure a smooth mortgage process, & a reasonable closing timeline, verifying you have taken all necessary steps in the pre-approval process has become even more vital to your transaction. Providing all the information listed below at your first pre-approval meeting is critical. Anticipate spending an hour with your lender at the first meeting.

Opportunity Bank

Brett Evertz​

Real Estate Lender

First Interstate Bank

Stephanie Hartman

Real Estate Lender



What is an exchange? 
  • A tax deferred exchange is a method by which a taxpayer trades property, held for investment or business purposes, for replacement property resulting in a deferral of tax on the transaction. When you sell a business or investment property and you have a gain, you generally have to pay tax on that gain. This capital gains tax varies depending upon your particular situation.
    1031 Exchanges are often referred to as “tax free exchanges” as the transaction itself is not taxed. Section 1031 of the Internal Revenue Code provides an exemption from current recognition of realized gain, providing that the requirements of the IRC are carefully met. Using our service will allow you to use more of your equity to acquire the property you desire by deferring capital gains tax. Learn More from TFES website

  • Letter of explanation: for any NSF charges on bank statements.

1031 Exchange

Might a 1031 Exchange be right for you to protect you from taxation?


Available Loan Programs

Wondering which program is the right one for you? Brett Everett created this Loan Program Snapshot in January of 2017 to highlight various loan options.

  • Gift Funds: ​If gift funds are used a gift letter from the donor to the recipient will be needed, in addition to a copy of the check or transfer of funds. FHA loans require the last two months bank statements from the donor, verifying they donor has the ability to gift the funds.
  • Additional Properties: A list of any properties to be retained, along with the property tax bill, annual insurance statement & mortgage statements (as applicable)

Big Sky Sotheby's International Real Estate

Erin Mandeville