"Very easy to work with, great communication, very helpful with any questions we had as first time home buyers. Will highly recommend Noel and his team to anyone interested in buying a house!!!!!!"
aaron m
Down Payment Assistance Program Increase for Idaho
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DPCC now up to 10% of Sales Price
Great News! In the interest of helping more homebuyers with affordability, Idaho Housing has updated our down payment closing cost assistance programs.
Effective 04/22/2022 we are offering up to 7% of the sales price using the down payment assistance program, amortizing Second Mortgage. It is a 15-year fixed with interest 2% above the 1st loan rate. Along with the lower credit score we recently approved for DPCC of 620, this will assist more homebuyers in qualifying for a loan.
The forgivable loan can now be used as a 3rd mortgage, behind the second mortgage amortizing loan, as an additional program to help only first-time homebuyers, by offering up to another 3% in DPCC for a total of 10% DPCC
Great News! In the interest of helping more homebuyers with affordability, Idaho Housing has updated our down payment closing cost assistance programs.
Effective 04/22/2022 we are offering up to 7% of the sales price using the down payment assistance program, amortizing Second Mortgage. It is a 15-year fixed with interest 2% above the 1st loan rate. Along with the lower credit score we recently approved for DPCC of 620, this will assist more homebuyers in qualifying for a loan.
The forgivable loan can now be used as a 3rd mortgage, behind the second mortgage amortizing loan, as an additional program to help only first-time homebuyers, by offering up to another 3% in DPCC for a total of 10% DPCC