24 Nov Find a Mortgage Loan Program
Mortgage Loan Program Highlights
If you’ve ever thought about owning your own home, it’s never too early to explore your options. This page provides information about some of the best low down payment programs in the Treasure Valley area. If you have any questions, please feel free to contact one of our agents, all of whom can answer your questions and guide you through the process.
IHFA
Good Credit Rewards offers a 2nd mortgage for up to 3.5% of the sales price. Borrowers must contribute $500.
For more information, download their helpful PDF: 5 Steps to Getting an Affordable Home Loan.
Key Bank
Key Community program borrowers have to have to have a combined income of less than $48,500 to qualify for this program. Borrower does not have to pay any private mortgage insurance (PMI- protects the mortgage company from default loans) like with other low/no down loans. Other than the $500 that the Borrowers must contribute, there is no down payment required.
Alpine Mortgage
NHF Platinum homebuyer assistance program currently provides eligible families and individuals with a grant that does not have to be repaid. The grant (up to 5% of the loan amount) can be used towards down payment or closing costs. You do not have to be a first time home buyer for this program.
Keep in mind this is just a sample of some of the loan programs out there. Every borrower is different & you will have certain qualifications that make one program better for you than another. Give us a call so we can put you in touch with the right lender that will fit your personal scenario!