Are you ready to call the majestic mountains and whitewater streams of Idaho home? From Coeur d’Alene to Idaho Falls and even Treasure Valley, we’ve got you covered. Start your mortgage application now, and you can have a pre-approval letter in hand when you’re touring homes!
If you already live in the Gem State and want more money in your pocket each month, we offer mortgage refinancing options too.
Mortgage rates and trends in Idaho
Largely due to COVID-19, national mortgage rates dropped to all-time lows in 2020. As a result, millions of Americans have been taking advantage of low borrowing costs.
Mortgage rates followed that trend in Idaho, but are now seeing a gradual increase taking place. Even still, rates remain low by historical standards. As a result, regardless of when you took out a mortgage, we recommend that you take advantage of a free mortgage review. A lower rate could mean hundreds of dollars in monthly savings, and you may be overpaying.
Typically, a high credit score and a low debt-to-income ratio will help you get a low mortgage rate. In addition, it helps to work with a lender who works to get you the best loan program for your needs. Here at American Financing, we offer a number of customizable Idaho home mortgages, including Conventional, USDA, FHA, VA, and more.
Down payment assistance programs
As an Idaho home buyer, you may qualify for down payment assistance. Let us help you understand what options and grants* are available to you if you’re looking to purchase an Idaho home.
Be sure to ask about:
First-time home buyer incentives
Closing cost assistance
Dream Makers Grant
Forgivable and non-forgivable second mortgages
*Actual assistance amount may vary based on purchase city, credit score, and other financial requirements. Down payment assistance programs are at the city and/or state level, and they are not funded by American Financing. A homebuyer education course may need to be completed prior to applying.
Check with your mortgage consultant about funding today!
Why refinance your mortgage?
Do you have high-interest debt holding you back?
Is your monthly mortgage payment or interest rate too high?
Do you want to be mortgage-free sooner?
If you answered yes to any of these questions, now’s the time to schedule a free mortgage review with one of our Idaho mortgage consultants. You could be looking at up to $1,000 a month in savings! When working with American Financing, you can choose any loan term you need ten years and over! Just call a mortgage consultant to learn more about the benefits of mortgage refinancing.
Why should you choose American Financing?
We’re a national mortgage lender that’s dedicated to making homeownership affordable. We’re dedicated to providing you with competitive mortgage rates and no upfront fees. Our mortgage consultants work hard to customize the right loan program for your financial goals. We also offer you a way to complete most of the lending process online, creating an even faster and more convenient experience for you.
Since home loans are such a big life event for most of our customers, so we try to make it a memorable experience. After all, this is not just a transaction, and we see you as more than just a loan. We take the time to get to know you. And, we’re always available to answer any mortgage-related questions, even after closing. We can also help with refinancing to a better rate or to get cash out.
Let’s build your home loan together
To connect with an Idaho mortgage consultant, call (866) 885-1079. We’ll customize any loan in the industry. All while working hard to provide you with amazing customer service, the lowest rates, and the fastest closings. Let us show you how simple the mortgage refinancing or new home purchase process can be! So, here’s to the start of a lifelong relationship!
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