Down Payments On Boise Homes May Be Less Than You Think

Dated: 06/26/2014

Views: 792

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
Heidi Hartnett Realty

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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....

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