Can You Buy a Home in Idaho Without a Down Payment?

Can I Buy a Home in Idaho Without a Down Payment?

🏠 Yes, You Absolutely Can - Here's How

If you've been eyeing a home in Boise, Nampa, or Idaho Falls and assuming you need a giant pile of cash to get in the door - good news: that's a myth. Thanks to several zero-down mortgage programs, homeownership in Idaho might be closer than you think.

Let's break down your options:

🌾 1. USDA Rural Development Loans - Not Just for Farmers

Despite the name, USDA loans aren’t just for barns and tractors. In fact, most of Idaho (outside major city cores) qualifies for this 100% financing option.

Requirements:

• Home must be in an eligible rural area (think Kuna, Star, Middleton, or even parts of Nampa & Caldwell)

• Household income limits apply

• Decent credit and stable income

👉 Pro tip: Even many newer neighborhoods qualify. We can check your address in seconds.

Find out more here!

🪖 2. VA Loans - A Benefit for Idaho Veterans

If you've served in the military, your VA loan benefit is pure gold. No down payment, no mortgage insurance, and flexible guidelines make this a top-tier loan.

VA Loan Highlights:

• $0 down required

• Lower interest rates than conventional loans

• Flexible credit and debt ratio guidelines

• Available statewide in Idaho

👨‍✈️ Bonus: At 1st Choice Mortgage, we're Idaho's go-to VA mortgage pros. We help vets navigate every detail - no national call centers or confusing red tape.  Find out more here!

🏡 3. Idaho Housing Down Payment Assistance

Okay, this one isn't technically zero down… but with Idaho Housing's down payment assistance program, you can borrow the down payment and closing costs - making it feel like zero.

You'll Need:

• 620+ credit score

• Income within county limits

• First-time or repeat buyers allowed

✅ Local perk: We know all the ins and outs of these Idaho-specific programs and can get you set up fast.

More Idaho Housing information here!

🤔 So… Should You Wait to Save or Buy Now?

If you're renting and trying to save that elusive 20%, you may be losing money every month. With Idaho home prices still on the rise and rent marching upward, zero-down programs are often the smarter financial move.

We've helped tons of Idahoans - veterans, teachers, nurses, and first-time buyers - get into homes with little or no money down.

🎯 The Bottom Line

Yes - you can buy a home in Idaho without a down payment.
Whether it's USDA, VA, or Idaho Housing's assistance, the right program is out there. And we'll help you find it.

💬 Ready to Find Out Which Option You Qualify For?

Let's talk! We'll run the numbers, check the maps, and walk you through your best zero-down mortgage options - all with no pressure.

👉 Contact 1st Choice Mortgage Today