Coeur D'alene FHA Loan Rates, Closing Costs & Stats

Coeur d'Alene, ID

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    • FHA loans are mortgages created in the 1930's to help insulate lenders from credit risks and help promote home ownership. The Federal Housing Administration (hence, FHA) allows for lower downpayments and credit scores-- making these loans much more accessible than traditional mortgages.

    FHA loans typically need just a 3.5% downpayment with credit scores of 580 or better. For credit scores between 500-579, the downpayment needs to be at least 10%.

    While FHA loans make home ownership much more accessible to first-time homebuyers, they do require PMI (purchase money insurance)-- an additional insurance premium that is paid to the FHA to help cover defaults.

    For additional requirements as defined by the FHA, click here.

    Coeur D'alene's 61 lenders originated 519 FHA loans during 2025. The total origination value was $212,185,000, with an average FHA loan value of $408,834.

    Coeur D'alene FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Coeur D'alene averaged 7.13% for the week of 2026-11-06, compared to the national average (all FHA variants) of 6.933% for the same period.

    Coeur D'alene's average FHA mortgage closing costs are $12,044.

    The average rate for the prior week (2026-10-30) was 6.83% and one month ago for the week of 2026-10-02, the average rate was 6.98%.

    The average rate one year ago was 5.82%.

    For refis of the same type during the week of 2026-11-06, the average rate was 6.76%.

    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations.

    Coeur D'alene FHA Loan Lenders by Rates & Fees

    The below table looks at the average fees/closing costs and rates for FHA 30 Year Fixed Rate (purchase, first lien) mortgages originated by each lender at the Coeur D'alene level.

    Name # of Loans 2025 Avg. 30yFix Rate 2025 Avg. Closing Costs
    Willamette Valley Bank 51 5.96% $17,287
    UNITED WHOLESALE MORTGAGE, LLC 41 5.84% $17,583
    Glacier Bank 35 5.87% $18,976
    LOANDEPOT.COM, LLC 33 5.61% $20,759
    IDAHO CENTRAL 24 5.99% $15,220
    QUICKEN LOANS, LLC 22 6.21% $16,626
    CMG MORTGAGE, INC. 17 5.82% $14,152
    EAGLE HOME MORTGAGE, LLC 15 4.78% $14,294
    MID AMERICA MORTGAGE, INC. 13 6.71% $2,949
    GUILD MORTGAGE COMPANY 12 6.10% $18,105
    PREMIER MORTGAGE RESOURCES, L.L.C. 11 5.92% $20,894
    BROKER SOLUTIONS, INC. 10 6.57% $16,673
    PLANET HOME LENDING, LLC 10 5.92% $16,780
    CANOPY MORTGAGE, LLC 8 6.20% $25,078
    GUARANTEED RATE, INC. 8 6.01% $17,958
    FREEDOM MORTGAGE CORPORATION 7 6.34% $16,058
    NFM, INC. 7 5.68% $20,636
    SUMMIT FUNDING, INC. 7 5.86% $20,271
    Century Mortgage Company DBA Century Lending Company 7 6.05% $14,858
    CROSSCOUNTRY MORTGAGE, LLC 6 6.38% $14,949
    Paramount Residential Mortgage Group, Inc. 6 6.10% $18,389
    PENNYMAC LOAN SERVICES, LLC 6 5.69% $18,221
    NEWREZ LLC 5 6.07% $16,526
    AMERISAVE MORTGAGE CORPORATION 4 6.19% $20,188
    Granite Community Bank 4 5.91% $20,161
    The Loan Store, Inc. 3 6.04% $13,854
    Wallick & Volk, Inc. 3 6.50% $9,499
    AMERICAN PACIFIC MORTGAGE CORPORATION 3 6.00% $16,426
    AMERICAN FINANCING CORPORATION 3 5.37% $24,721
    JMAC LENDING, INC. 2 6.25% $15,794
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 6.56% $19,209
    Mr. Cooper ( Nationstar Mortgage ) 2 6.44% $15,343
    Equity Prime Mortgage LLC 2 6.69% $10,004
    AMERICAN FINANCIAL NETWORK, INC. 2 7.06% $16,457
    MUTUAL OF OMAHA MORTGAGE, INC. 2 5.75% $13,908
    HOMESIDE FINANCIAL, LLC 2 5.63% $28,454
    Sunflower Bank 2 5.81% $11,872
    LOANPAL, LLC 2 6.00% $18,721
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 2 5.81% $20,444
    SECURITYNATIONAL MORTGAGE COMPANY 1 6.75% $15,546
    UNION HOME MORTGAGE CORP. 1 5.88% $15,701
    AMERICAN FINANCIAL RESOURCES, INC. 1 5.75% $10,999
    VILLAGE CAPITAL MORTGAGE 1 6.25% $8,803
    WASHINGTON STATE EMPLOYEES Credit Union 1 5.50% $14,722
    NUMERICA CREDIT UNION 1 6.25% $14,437
    ENVOY MORTGAGE, LTD 1 6.50% $12,895
    DIRECTORS MORTGAGE, INC. 1 5.75% $18,569
    Alaska USA Federal Credit Union 1 6.13% $7,917
    INTERCAP LENDING INC. 1 5.75% $21,278
    JMJ FINANCIAL GROUP 1 5.75% $20,033
    CORNERSTONE HOME LENDING, INC. 1 5.50% $24,257
    Commerce Home Mortgage, Inc. 1 6.13% $22,862
    MORTGAGEONE, INC. 1 6.99% $15,391
    MY MOVE MORTGAGE, LLC 1 5.75% $12,811
    CALCON MUTUAL MORTGAGE LLC 1 6.13% $24,109
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.25% $13,492
    OCMBC, INC. 1 5.63% $15,934
    Pacific Lending LLC 1 6.13% $19,475
    Washington Trust Bank 1 6.38% $11,566
    Boeing Employees Credit Union 1 5.88% $14,396
    PREMIER LENDING, INC. 1 5.75% $17,441

    The top Coeur D'alene FHA lender as defined by loan originations is Willamette Valley Bank, with 51 FHA loans originated. Their average total fees are $17,287, which is $296 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

    The lowest fee Coeur D'alene FHA lenders (with over 10 loans originated) are MID AMERICA MORTGAGE, INC. ($2,949), CMG MORTGAGE, INC. ($14,152), EAGLE HOME MORTGAGE, LLC ($14,294), IDAHO CENTRAL ($15,220) and QUICKEN LOANS, LLC ($16,626).

    The lowest rate Coeur D'alene FHA lenders (with over 10 loans originated) are EAGLE HOME MORTGAGE, LLC (4.78%), LOANDEPOT.COM, LLC (5.61%), CMG MORTGAGE, INC. (5.82%), UNITED WHOLESALE MORTGAGE, LLC (5.84%) and Glacier Bank (5.87%).

    Coeur D'alene FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    COEUR D'ALENE, ID KOOTENAI 2022 $483,000 $618,300 $747,400 $928,850
    COEUR D'ALENE, ID KOOTENAI 2023 $572,700 $733,150 $886,200 $1,101,350

    FHA Loan Requirements

  • Borrowers must have a steady employment history or worked for the same employer for the past two years.
  • Borrowers must have a valid Social Security number, lawful residency in the U.S. and be of legal age to sign a mortgage in your state.
  • Borrowers must pay a minimum down payment of 3.5 percent. The money may be gifted by a family member. (Traditional mortgages do not permit gifted down payments)
  • New FHA loans are only available for primary residence occupancy.
  • Borrowers must have a property appraisal from a FHA-approved appraiser.
  • Borrowers’ front-end ratio (mortgage payment plus HOA fees, property taxes, mortgage insurance, homeowners insurance) needs to be less than 31 percent of their gross income, typically. You may be able to get approved with as high a percentage as 40 percent. Your lender will be required to provide justification as to why they believe the mortgage presents an acceptable risk. The lender must include any compensating factors used for loan approval.
  • Borrowers’ debt to income ratio (mortgage plus all your monthly debt, i.e., credit card payment, car payment, student loans, etc.) needs to be less than 43 percent of their gross income, typically. You may be able to get approved with as high a percentage as 50 percent.
  • Borrowers must have a minimum credit score of 580 for maximum financing with a minimum down payment of 3.5 percent.
  • Borrowers must have a minimum credit score of 500-579 for maximum LTV of 90 percent with a minimum down payment of 10 percent.
  • Bborrowers must be two years out of bankruptcy and have re-established good credit. Exceptions can be made.
  • Typically borrowers must be three years out of foreclosure and have re-established good credit.
  • The purchased property must meet certain minimum standards at appraisal. If the home you are purchasing does not meet these standards and a seller will not agree to the required repairs, your only option is to pay for the required repairs at closing (to be held in escrow until the repairs are complete).