Idaho Central Mortgage Rates, Fees & Info
Chubbuck, IDLEI: 5493001PXRJMPLXPG540
Tax ID: 82-0217065
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Mortgage Data
Review & Overview
Idaho Central is a small mortgage company specializing in Home Improvement and Home Purchase loans. Idaho Central has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Boise City, Idaho Falls, Pocatello, Twin Falls, and Spokane among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)Idaho Central has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Idaho Central is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
| 30 Year Conventional Purchase | 6.82% | 4/5/25 |
| 30 Year Conventional Refi | 7.02% | 4/5/25 |
| 30 Year Cash-out Refi | 7.04% | 4/5/25 |
| 30 Year FHA Purchase | 7.00% | 4/5/25 |
| 30 Year FHA Refi | 6.93% | 4/5/25 |
| 30 Year VA Purchase | 6.22% | 4/5/25 |
| 30 Year VA Refi | 6.66% | 4/5/25 |
| 30 Year USDA Purchase | 6.92% | 4/5/25 |
| 15 Year Conventional Purchase | 6.15% | 4/5/25 |
| 15 Year Conventional Refi | 6.57% | 4/5/25 |
| 15 Year Cash-out Refi | 6.57% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Idaho Central Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
8,573Origination Dollar Volume (All Markets)
$2,000,695,000Awards
IDAHO CENTRAL - 2024
IDAHO CENTRAL is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Idaho Central's average 30 year fixed mortgage rate was
6.48%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.07%.
Relative Fees (Closing Costs)
Idaho Central's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,429.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| BOISE CITY, ID (FHA|USDA|VA) | 4,319 | $998,905,000 | $231,282 | $7,096 | 7.92% |
| Outside of Metro Areas | 656 | $194,960,000 | $297,195 | $7,164 | 7.68% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 681 | $142,365,000 | $209,053 | $8,037 | 7.87% |
| POCATELLO, ID (FHA|USDA|VA) | 615 | $114,335,000 | $185,911 | $6,835 | 7.84% |
| Outside of Metro Areas | 356 | $107,650,000 | $302,388 | $6,984 | 7.49% |
| TWIN FALLS, ID (FHA|USDA|VA) | 530 | $103,130,000 | $194,585 | $8,129 | 7.73% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 229 | $67,735,000 | $295,786 | $6,011 | 7.47% |
| Rexburg, ID (FHA|USDA|VA) | 161 | $45,915,000 | $285,186 | $7,865 | 7.57% |
| Burley, ID (FHA|USDA|VA) | 231 | $42,245,000 | $182,879 | $9,006 | 7.92% |
| Blackfoot, ID (FHA|USDA|VA) | 214 | $40,660,000 | $190,000 | $7,539 | 8.02% |
| Ontario, OR-ID (FHA|USDA|VA) | 110 | $22,630,000 | $205,727 | $6,714 | 7.98% |
| Jackson, WY-ID (FHA|USDA|VA) | 43 | $19,795,000 | $460,349 | $9,331 | 7.51% |
| Sandpoint, ID (FHA|USDA|VA) | 68 | $19,770,000 | $290,735 | $7,535 | 7.95% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 85 | $17,845,000 | $209,941 | $6,497 | 7.65% |
| Moscow, ID (FHA|USDA|VA) | 68 | $15,320,000 | $225,294 | $5,337 | 7.72% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 47 | $9,975,000 | $212,234 | $6,229 | 8.30% |
| Mountain Home, ID (FHA|USDA|VA) | 49 | $8,905,000 | $181,735 | $7,028 | 8.26% |
| Hailey, ID (FHA|USDA|VA) | 27 | $7,565,000 | $280,185 | $9,514 | 7.97% |
| Pullman, WA (FHA|USDA|VA) | 18 | $4,860,000 | $270,000 | $8,570 | 7.59% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 11 | $1,825,000 | $165,909 | $3,071 | 8.65% |
| LOGAN, UT-ID (FHA|USDA|VA) | 8 | $1,740,000 | $217,500 | $3,696 | 7.94% |
| YAKIMA, WA (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $5,533 | 8.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $3,456 | 6.47% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $8,803 | 7.18% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $12,034 | 7.25% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $3,975 | 5.97% |
| Elko, NV (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $4,346 | 6.50% |
| Ellensburg, WA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 8.38% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $0 | 8.38% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $5,693 | 7.88% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $3,822 | 6.75% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $8,811 | 6.38% |
| Helena, MT (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $6,420 | 6.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,523 | 7.13% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,193 | 6.44% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,763 | 6.63% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $12,622 | 6.50% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 8.50% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,796 | 6.88% |
| Shelton, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 9.50% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,658 | 6.25% |
| Moses Lake, WA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 8.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,554 | 6.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.50% |
| Othello, WA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.50% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.89% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 9.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against IDAHO CENTRAL based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2024, Idaho Central's most frequently originated type of loan was HELOC, with 5,105 originations. Their 2nd most popular type was Conventional, with 3,070 originations.
Loan Reason
For 2024, Idaho Central's most frequently cited loan purpose was Home Improvement, with 3,252 originations. The 2nd most popular reason was Home Purchase, with 3,007 originations.
Loan Duration/Length
For 2024, Idaho Central's most frequently cited loan duration was 10 Year, with 5,121 originations. The 2nd most popular length was 30 Year, with 2,633 originations.
Origination Fees/Closing Costs
Idaho Central's average total fees were $7,429, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,170 originations.
Interest Rates
During 2024, Idaho Central's average interest rate for loans was 6.48%, while their most frequently originated rate bucket for loans was 7-8%, with 2,889 originations.
Loan Sizing
2024 saw Idaho Central place emphasis on $100,000 or less loans with 2,739 originations, totaling $149,315,000 in origination value.
Applicant Income
Idaho Central lent most frequently to those with incomes in the $100k-150k range, with 2,425 originations. The second most popular income band? $150k-250k, with 1,995 originations.
Applicant Debt to Income Ratio
Idaho Central lent most frequently to those with DTI ratios of 20-30%, with 1,864 originations. The next most common DTI ratio? 30-36%, with 1,488 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.03%
Idaho Central has a below average approval rate.
Pick Rate
Approvals leading to origination68.88%
Idaho Central has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 8,573 | $2,000,695,000 | $233,372 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 8,573 | $2,000,695,000 | $233,372 |