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

Reviews

"Noel was very responsive and always took the time to talk me through the process or things I didn't fully understand. I appreciate being treated with so much respect and attention to helping me work through the mortgage process. I definitely felt like Noel was helping me to get the best deal with mortgage rates and a financial situation I could afford, while helping me to purchase the home I was really wanting. One small issue that I had, if I could have put this at "mostly" great, I did feel like his assistant didn't always do her "homework" in her part of working with me. She would often confuse my accounts with financial institutions that I didn't bank with, and wasn't always clear with me on what she needed because of those errors. It just seemed demanding of requests without me understanding what she actually needed. I would have liked for her to have similar knowledge and background of my accounts and paperwork as Noel was so good with. It just became frustrating for me sometimes and took more of my personal time than it seems like it would have if she had stronger knowledge of everything. Noel was amazing with these aspects."

jennifer b

"Noel and Darcy are excellent communicators, provide sage advice and utilize technology to keep us up to date on the entire loan process. Moreover, they've earned my trust over the years which to me, means everything."

roger k

"Very responsive and supportive"

helen l