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For most people, finding the right home in Billings, Montana is just the first step. Finding the right financing to buy a home is essential to make the home purchase occur! A home buyer has a choice of local mortgage lenders and national lenders advertising on the Web. Many home buyers find that using local Billings, Montana lenders (with rates very comparable to online mortgage brokers) help ease some of the stress of moving. Home buyers have more personal service, and the mortgage companies have a better relationship with appraisers and other real estate professionals. Ask about adjustable rate loans if you are guaranteed to be relocated out of Billings within the next 5 years. I had a friend who found a 40 year adjustable with 5 year fixed rate. He knew that he had guaranteed relocation buy-out at the end of his assignment so he wasn’t worried about building equity. He ended up paying less than half in a mortgage payment than he would have paid in rent! Short on cash? There are many mortgage lenders in Billings that now offer 100% financing – no down payment certainly helps keep moving expenses down!
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Billings is a city located in the south-central portion of the U.S. state of Montana. Billings is rapidly growing; As of the 2000 census, the city had a total population of 89,847, and a 2006 city estimate indicates the city's population has grown to 101,182 (up 10.9% or 11,281 since 2000). Billings is the county seat of Yellowstone CountyGR6 and is the principal city of the Billings Metropolitan Statistical Area which encompasses all of both Carbon and Yellowstone counties and Billings. In terms of population, it is the largest metropolitan area in Montana. It is nicknamed the Magic City because of its rapid growth from its founding as a railroad town in 1882. It was said that Billings "grew like magic." Billings is named for Frederick H. -- Source: Wikipedia.com
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Census Data for Billings, Montana
| Billings | Montana | United States | |
| Population | 89,847 | 902,195 | 281,421,906 |
| Median age | 36.8 | 37.5 | 35.3 |
| Median age for Male | 35.3 | 36.6 | 34 |
| Median age for Female | 38.4 | 38.5 | 36.5 |
| Households | 37,525 | 358,667 | 105,480,101 |
| Household population | 87,164 | 877,433 | 273,643,273 |
| Average household size | 2.32 | 2.45 | 2.59 |
| Families | 23,142 | 237,407 | 71,787,347 |
| Average family size | 2.93 | 2.99 | 3.14 |
| Housing units | 39,293 | 412,633 | 115,904,641 |
| Occupied units | 37,525 | 358,667 | 105,480,101 |
| Vacant units | 1,768 | 53,966 | 10,424,540 |
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