Bona Fide Not-For-Profit Entities


Bona fide not-for-profit entities that wish to perform mortgage activities can qualify for an exemption from licensing requirements by filing the following reports with the Montana Division of Banking and Financial Institutions:

  • Reports filed with federal, state, tribal, local government, or housing finance agencies and authorities
  • BFNP Certification Form

The Division will review the documents and provide a certificate of exemption. Exempt entities must submit the BFNP Certification form every year by December 31st to remain exempt.