One of the biggest struggles in the Idaho home buying market right now is affordability for the first-time home buyers. Lenders are scrambling to find ways to help more buyers qualify for a mortgage and Idaho Central is excited to announce our 40-year First Time Homebuyer loan.
An Idaho Central Credit Union 40-Year First-Time Homebuyer 100% Financed Loan* is designed for lower household income first-time homebuyer(s). This fixed-rate loan offers a longer term which equates to lower monthly payments. Product highlights include 100% financing*, No monthly PMI, Gifted funds allowed, and local underwriting and loan servicing.