Skip navigation

Changing lives and strengthening communities through affordable and sustainable homeownership

July 2, 2024 | Customers, Financial inclusion

June is National Homeownership Month, and BMO takes great pride in making the dream of owning a home a reality for individuals and families across the United States.  

“At BMO, we believe in the power of homeownership and its ability to transform lives. That’s why we are fully committed to advancing homeownership, empowering individuals to achieve their dreams, and building stronger, more resilient communities.” 

– Eric Smith
Vice Chair at BMO

In 2022, BMO committed $40 billion over five years through the Empower initiative to remove barriers to financial inclusion in the United States, including $7.5 billion in home mortgage lending.  

In addition to financial assistance, BMO offers educational resources and tools to help individuals and families make informed decisions and navigate the home buying process with confidence. By providing information on topics such as budgeting, saving for a downpayment, and understanding mortgage rates, they are arming individuals with the knowledge to demystify the homebuying process and what it means to own a home. BMO has also invested in technology to enhance the customer experience and make it easier for customers to apply for mortgages, access account information, and talk to a banker. 

To make an even bigger impact, BMO actively collaborates with nonprofit organizations and community groups that support affordable housing initiatives. Over the past several months, BMO has connected in-person with many community partners and leaders to learn more about how BMO can continue to have a positive impact in the communities they serve. 

BMO is committed to advancing homeownership in the U.S. with a focus on sustainability, inclusivity, and innovation. BMO is helping the communities, individuals, and families we serve make real financial progress with a foundation for a brighter future. 

Watch the videos below to learn how BMO customers have achieved their homeownership dreams: 

Hear Myesha’s story about her journey from renter to homeowner

Learn how BMO helped three generations purchase their homes

Find out How BMO made Whitefish Bay customers feel at home

If you’re ready to embark on your homeownership journey, visit our website to explore our low down payment options and assistance programs.

Related Insights

Explore our services
Checking Accounts
Savings Accounts
Credit Cards
Loans
Mortgages
Investing & Retirement
Security Center
How We Protect You
How to Protect Yourself
Report Fraud
Security Alerts
Security Learning Center
Security Tips
Ways to Bank
Overview
Digital Banking
Register for Digital Banking
Bank by Phone
Bank at Work Services
Make a One Time Payment for your Non-Real Estate Loan
Payment Assistance for Mortgage and Home Equity
Customer support
Branch locator

Disclosure

Privacy
Legal
Security
Site map
Careers
About Our Ads
Accessibility
Cookie Usage
About BMO

App Store is a service mark of Apple Inc. Apple and the Apple logo are trademarks of Apple Inc., registered in the U.S. and other countries. 

Android, Google Play, and the Google Play logo are trademarks of Google Inc. 

Banking products and services are subject to bank and credit approval and are provided in the United States by BMO Bank N.A. Member FDIC.

equal housing lender NMLS 401052

Notice to Customers  

To help the government fight the funding of terrorism and money laundering activities, federal law (USA Patriot Act (Title III of Pub. L. 107 56 signed into law October 26, 2001) requires all financial organizations to obtain, verify and record information that identifies each person who opens an account. When you open an account, we will ask for your name, address, date of birth and other information that will allow us to identify you. We may also ask you to provide a copy of your driver's license or other identifying documents. For each business or entity that opens an account, we will ask for your name, address and other information that will allow us to identify the entity. We may also ask you to provide a copy of your certificate of incorporation (or similar document) or other identifying documents. The information you provide in this form may be used to perform a credit check and verify your identity by using internal sources and third party vendors. If the requested information is not provided within 30 calendar days, the account will be subject to closure.  

Third party web sites may have privacy and security policies different from BMO. Links to other web sites do not imply the endorsement or approval of such web sites.  

Please review the privacy and security policies of web sites reached through links from BMO web sites. This information is not intended to be tax or legal advice. This information cannot be used by any taxpayer for the purpose of avoiding tax penalties that may be imposed on the taxpayer. This information is being used to support the promotion or marketing of the planning strategies discussed herein. BMO Bank N.A. and its affiliates do not provide legal or tax advice to clients. You should review your particular circumstances with your independent legal and tax advisors.