Loan Products
Idaho Housing Program
First Time Home Buyer Programs
Down Payment Assistance
Minimum .5% funds from home buyer
Reduced Mortgage Insurance coverage
Flexible underwriting guidelines for first-time home buyers
Can be combined with FHA, VA, USDA, or Conventional Financing
Options for Non-First Time Home Buyers
FHA Loan Program
Fixed Rate or Adjustable Rate Options Available
Standard 3.5% down payment
FHA County Limit – Jefferson, Bonneville, Madision, Fremont, and Bingham Counties up to $314,827
Some areas such as Teton, Lincoln, Blaine, and Camas Counties will go to $646,300
Flexible underwriting guidelines for first-time home buyers
Set mortgage insurance rates regardless of credit score at .85%
Bankruptcy and foreclosure guidelines that are less strict than conventional
85% Cash-Out Refinance Options
FHA Streamline Refinance no appraisal or income requirements
FHA Loan Program
Standard 3.5% down payment
Fixed Rate or Adjustable Rate Options Available
FHA County Limit – Jefferson, Bonneville, Madision, Fremont, and Bingham Counties up to $314,827
Some areas such as Teton, Lincoln, Blaine, and Camas counites will go to $646,300
Set mortgage insurance rates regardless of credit score at .85%
Flexible underwriting guidelines for first-time home buyers
Bankruptcy and foreclosure guidelines that are less strict than conventional
85% Cash-Out Refinance Options
FHA Streamline Refinance no appraisal or income requirements
VA Loan Program
100% financing on purchase transactions
No Mortgage Insurance
Lending guidelines that are more forgiving that standard conventional products
Available for those who have eligibility through the Veterans Administration
100% Cash-Out options available
VA Streamline with no appraisal or income requirements
USDA Loan Program
Rural Housing Program available in rural areas throughout Idaho
100% financing
Set Mortgage Insurance rates regardless of credit score at .35%
Mortgage Insurance rates are less than FHA, and often less than conventional
Income limits set by USDA
Great for families who are looking to get into a home with little or no money down
USDA Loan Program
Rural Housing Program available in rural areas throughout Idaho
100% financing
Set Mortgage Insurance rates regardless of credit score at .35%
Mortgage Insurance rates are less than FHA, and often less than conventional
Income limits set by USDA
Great for families who are looking to get into a home with little or no money down
