Buying your first home or upgrading in the Treasure Valley? Our Meridian, Idaho team makes FHA financing simple, fast, and personal.
Looking for FHA loans in Idaho? At 1st Choice Mortgage, we help first-time buyers and homeowners in Boise, Meridian, Nampa, and Caldwell secure flexible FHA financing with low down payments and personalized local service.
The FHA loan Idaho homebuyers rely on is one of the most accessible mortgage options in today's market. Backed by the Federal Housing Administration (HUD), these loans protect lenders against loss, allowing us to offer you lower rates and more flexible terms than conventional mortgages.
Whether you’re a first-time buyer or someone with less-than-perfect credit, an FHA loan can make homeownership possible. In fast-growing areas like Boise and Nampa, this program helps Idahoans compete in a hot housing market while keeping monthly payments affordable.
Want a deep dive into the specific perks? Read our detailed guide on 9 FHA Loan Benefits in Idaho.
Idaho's real estate market - especially in the Treasure Valley - has seen consistent growth. With rising prices, many buyers are looking for affordable financing options. FHA loans are ideal for:
FHA loan limits are adjusted annually and vary by county. As of 2026, here are the confirmed “Ceiling” limits for our area:
🚀 2026 MARKET OUTLOOK: New limits for 2026 have been released. In a rising market, these limits typically increase, giving you even more purchasing power. If you are shopping right now, call us at (208) 375-5626 to see if you qualify for the upcoming 2026 limit adjustments.
✅ Pro Tip: You can purchase a multi-unit property (up to 4 units) using an FHA loan, and the loan limits increase significantly. Call us for the 4-plex breakdown!
To qualify for an FHA home loan in Idaho, you'll need to meet these key criteria:
You can use an FHA loan to purchase:
Note: The home must meet FHA appraisal standards for safety and habitability. If you want a fixer-upper, ask us about the FHA 203(k) renovation loan.
All FHA loans require mortgage insurance, which protects the lender. There are two parts:
💡 Note: Unlike Conventional PMI, FHA MIP does not automatically fall off. You typically refinance into a conventional loan later to remove it once you have 20% equity.
Yes! Idaho buyers can combine an FHA loan with assistance programs to cover their 3.5% down payment. We work with:
Worried about cash to close? Read our Guide to Closing Costs here.
At 1st Choice Mortgage, we are Idaho's FHA experts. We've helped thousands of buyers in Boise, Nampa, Meridian, and across the Gem State secure low-down-payment financing.
We understand Idaho's housing market, FHA appraisals, and county-by-county loan limits - so you get a smoother path to homeownership.
👉 Click Here to Get Pre-Approved
Jerry Robinson is the CEO of 1st Choice Mortgage Company (NMLS #380736) and a Senior Loan Officer (NMLS #4475). With over 20 years of experience, Jerry specializes in helping Idaho veterans and first-time buyers navigate FHA guidelines in Boise, Meridian, and Nampa.
Most FHA loans in Idaho require only a 3.5% down payment if your credit score is 580 or higher. Buyers with lower scores (500-579) may still qualify with a 10% down payment.
Limits vary by county. For 2026, Ada and Canyon Counties (Boise/Nampa) are both set at $586,500. Twin Falls is set at $472,030. Contact us for your specific county.
Yes! The FHA 203(k) program lets Idaho buyers finance both the purchase price and renovation costs into one single loan.
We proudly serve the entire state of Idaho, with a specific focus on the Treasure Valley (Boise, Meridian, Nampa, Caldwell) and Magic Valley.
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:
