Know exactly what you can afford before you start searching for a home.
Idaho Mortgage Purchase Loans Made Simple
Buying a home in Boise, Meridian, Nampa, or anywhere in Idaho?
🏡 Getting the right mortgage doesn't have to feel like a game of whack-a-mole. At 1st Choice Mortgage, we make the process simple with local expertise, personalized loan options, and competitive rates - so you can focus on finding your dream home.
✅ Local Idaho mortgage experts (not a call center in another state)
✅ FREE pre-approval letter to strengthen your offer
✅ Side-by-side loan comparisons (Conventional, FHA, VA, USDA, and Idaho Housing loans)
✅ Clear guidance whether you're a first-time buyer or a seasoned investor
Here's how our process works:
1: Request your FREE pre-approval letter 2: Review personalized loan options based on your goals 3: Compare mortgage rates and terms side by side 4: Choose the loan that fits your needs - we'll guide you through closing
The short answer: probably yes. 🏡 Many Idaho homebuyers are surprised to learn they qualify for more programs than they think.
Here's what lenders (like us at 1st Choice Mortgage) look at when reviewing your application:
Income & Employment → A steady job or consistent income stream helps, but we work with all types of income situations.
Credit Score → Conventional loans often want 620+, but FHA, VA, and Idaho Housing programs can be flexible.
Debt-to-Income Ratio (DTI) → Ideally under 43 - 49%, but FHA and VA loans can allow higher on a case-by-case basis.
Down Payment → Don't worry if you don't have 20%. Idaho offers zero-down and low-down-payment loan options, including VA, USDA, and Idaho Housing programs.
👉 Even if your credit isn't perfect or your debt feels high, there may be a loan program that fits your situation.
Mortgage rates change every day, and your rate will vary based on your location, finances, and other factors. Get your FREE customized rate comparison below:
