Down Payments On Boise Homes May Be Less Than You Think

Dated: 06/26/2014

Views: 805

Do you think a down payment on a Boise home needs to be 15%?  A survey just completed by Freddie Mac indicated of the 25-34 year olds polled, 39% of them believed they had to save 15% for a home down payment.  This is just not true!

While the loan process and become more stringent over the past several years, there are great loan programs available; conventional loan products at 5% down, FHA loans which require 3.5% down, and an Idaho Housing & Finance loan product that allows for a zero down payment.  The income limits on the zero down program is decent too;  the combined household income varies by county, but in Ada County you could have a combined income of $65,500 for a 3 or more person household.
If you know of someone wanting to buy a home, but thinks they will never be able to save enough, let's talk. I would love to recommend some great lenders in the industry that can get them started on their dream today.www.heidisellsboise.com
-Heidi
Heidi Hartnett Realty
FRONT STREET BROKERS

208.703.0682
Blog author image

Heidi Hartnett

Circle of Excellence Realtor, Home Listing & Marketing Specialist MARKETING STRATEGY FOR HOME SELLERS Our strategic, beautiful, digital marketing campaigns create interest, excitement & demand fo....

Want to Advertise on this Site?

Latest Blog Posts

2018 Boise Spring Parade Of Homes Preview

Here's a quick peek at this year's 40 participating homes. From entry-level homes to high-end luxury properties, there is something for everyone! So whether you are looking to build your own home

Read More

2018 Spring Parade Of Home Info

2018 Boise Spring Parade of Homes is here!  What: Local builders showoff the latest in design and new construction technology.  Enjoy over a dozen gorgeous homes ready for your

Read More

CPR Credit Repair Idaho Shar Helton Chatting Credit Repair

CPR Credit Repair Idaho - Shar Helton Chatting Credit Repair!Hey guys!  Here we discuss another great and very important topic, Credit Repair. Shar Helton, Credit Expert with CPR- Credit

Read More

Great Meridian Location Close To Everything 1387 White Sands Meridian MLS 9868864

Great Meridian location close to everything!1387 White Sands, Meridian – MLS #9868864Great Meridian location close to shopping, schools, and the outdoors. This home has brand new carpet (w

Read More