Idaho Mortgage Lenders and Rates (ID)

Getting the right mortgage for a Idaho home a little more difficult than you thought? Annoyed with WebPages that don’t help you find what you are looking for? That is why is here. So if you are looking for lenders, Mortgage Rates, or Mortgage Brokers – we’ve got it. Plus when you fill out a mortgage quote form from, we will get you offers from 2-4 different lenders, meaning you will be able to choose the rate that you want.

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Featured Mortgage Lenders in Idaho

Idaho Mortgage Quick Facts

Idaho State Population: 1,293,953*
Median Idaho Home Price: $106,300*
Idaho Home Ownership Rate: 72.4%*

Types of Loans Available in Idaho

How Your Credit Score Affects Your Mortgage Rate

First you need to know what your current credit score is. You should compare that against the average Idaho consumer credit score which is 691. The average national credit score is 677. Your credit score will impact what your home mortgage rate could be. Historically, home mortgage rates have varied from 5% to over 13%. Lenders create their home mortgage rates by using the Federal Discount Interest Rate (FDIR) and then raising it by using an internal formula to create their own home mortgage rate. When you apply for a home mortgage, your home mortgage rate will be determined by a whole host of factors, but your credit is a very important factor.

Idaho Mortgage State Laws

Trust Deeds

Idaho uses trust deeds instead of mortgages. A trust deed is a written instrument legally conveying property to a trustee often used to secure an obligation such as a mortgage or promissory note. The trustee generally holds the title of the property under this system.

Idaho Residential Mortgage Practices Act

This Act went into effect on July1, 1996. Mortgage brokers must be licensed. Real Estate brokers and other salespersons that helped people with mortgage loans before 1996 did not need a mortgage broker license. After this Act, they must secure licenses. The department of Finance was given more power to abolish predatory mortgage lending. Foreclosure can be non-judicial.

Idaho Mortgage Fraud Office
State of Idaho, Department of Finance
700 West State Street, 2nd Floor
Boise, ID 83720-0031

Idaho Counties:

Alda County, Adams County, Bannock County, Bear Lake County, Benewah County, Bingham County, Blaine County, Boise County, Bonner County, Bonneville County, Boundary County, Butte County, Camas County, Canyon County, Caribou County, Cassia County, Clark County, Clearwater County, Custer County, Elmore County, Franklin County, Fremont County, Gem County, Gooding County, Idaho County, Jefferson County, Jerome County, Kootenai County, Letah County, Lemhi County, Lewis County, Lincoln County, Madison County, Minidoka County, Nez Perce County, Oneida County, Owyhee County, Payette County, Power County, Shoshone County, Teton County, Twin Falls County, Valley County, Washington County

-US Census

This site is not a broker and does not collect or solicit mortgage applications. Content is for informational or comparison purposes only. Services are not available in New York. Products and services may not be available in all other states.

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