Down Payments On Boise Homes May Be Less Than You Think

Dated: 06/26/2014

Views: 782

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

Build Your Dream Home On 3 Acres Only 10 Minutes From Downtown 6354 Wildhorse Ln MLS 98682336

Envision your dream home in an idealic Idaho setting while only 10 minutes from all the convenience of Downtown Boise!  Nearly 3 acres of unobstructed city and mountain views from this

Read More

COMING SOON Contemporary Remodel With Outstanding Walkability 7957 Preece Dr MLS 98682211

COMING SOON!Contemporary remodel with outstanding walkability!7957 Preece Dr – MLS # 98682211Boise ID 83704This contemporary remodel will take your breath away! You'd never guess this home was

Read More

Gorgeous Meridian Home With Bright Open Layout And Custom Accents

Gorgeous Meridian home with bright open layout and custom accents3010 S Glacier Bay Way, MLS #98681842Come see this Gorgeous Meridian home with bright open layout and custom accents - The

Read More

5 Cool Neighborhoods That Might Be Perfect For You

Sky Mesa, Meridian   Some homesites nestle to a hillside, so open windows to private back yards creates stunning interiors. A quick 10 minute drive to The Village shopping center,

Read More