Idaho Housing Down Payment Assistance

Idaho Housing and Finance Association offers Down Payment Assistance (Idaho Housing's down payment assistance program) to home buyers in Idaho: up to 8% of the price or value, as a repayable loan.

Amount: Up to 8% of the price or value
Kind of help: Repayable loan
First-time buyers only: No
Homebuyer course: Required

How is Idaho Housing Down Payment Assistance paid back?

Repayable loan: second mortgage repaid in small monthly payments with your main mortgage over years.

A repayable loan is a small second mortgage you pay off each month, usually in the same payment as your main home loan.

Who qualifies for Idaho Housing Down Payment Assistance?

Household income must be $170,000 or less; some loan programs set lower limits.
You don't have to be a first-time buyer.
A homebuyer education course before you buy.

Most limits follow your county and household size. Our HUD income limits lookup shows your area's median income and where your household sits.

How to apply for Idaho Housing Down Payment Assistance

Ask a lender that works with Idaho Housing and Finance Association's programs, or contact the agency, before you make an offer on a home.
The lender checks your income, credit and the home against the program's rules and reserves the money for you.
The help is paid at closing, toward your down payment and closing costs.

Read the full rules and whether it is taking applications on Idaho Housing and Finance Association's page for Down Payment Assistance (Idaho Housing's down payment assistance program), or pick a lender from the agency's list of participating lenders.

Ask a lender about Idaho Housing Down Payment Assistance

Tell us where you're buying and a lender that works with Idaho's programs can tell you whether Idaho Housing Down Payment Assistance fits you, and what you could combine with it.

Call 866-602-7460

Rather not call? Send your details and the lender will reach you.

Other first-time buyer programs in Idaho

Idaho HOME Homebuyer Activity (Down Payment Assistance - DPA), Fee Simple: set by your need, so housing costs come to about 35% of income, deferred loan.
Idaho HOME Homebuyer Activity (Down Payment Assistance - DPA), CLT/Resale: set by HOME based on income, housing expense ratio and debt-to-income, deferred loan.

All Idaho first-time home buyer programs · Down payment assistance in every state