Idaho FHA Loan Rates, Closing Costs & Stats

Idaho

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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.

    Idaho FHA Loans, 30 Year Fixed Rates

    30 Year FHA mortgages in Idaho averaged 6.39% for the week of 2025-05-23, compared to the national average (all FHA variants) of 6.612% for the same period.

    Idaho's average FHA mortgage closing costs are $10,561.

    The average rate for the prior week (2025-05-16) was 6.52% and one month ago for the week of 2025-04-18, the average rate was 6.44%.

    The average rate one year ago was 6.82%.

    For refis of the same type during the week of 2025-05-23, the average rate was 6.58%.

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

    Idaho 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 Idaho level.

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    UNITED WHOLESALE MORTGAGE, LLC 529 5.84% $16,716
    QUICKEN LOANS, LLC 362 6.11% $14,820
    GUILD MORTGAGE COMPANY 313 6.22% $14,814
    IDAHO CENTRAL 274 6.11% $13,181
    PREMIER MORTGAGE RESOURCES, L.L.C. 254 5.76% $17,938
    LOANDEPOT.COM, LLC 165 6.03% $19,029
    S1L, Inc. 140 6.05% $15,170
    MOVEMENT MORTGAGE, LLC 128 6.35% $15,343
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 98 6.27% $14,996
    Willamette Valley Bank 95 6.15% $16,907
    Eagle Bank and Trust Company 92 6.11% $12,733
    FIRST COLONY MORTGAGE CORPORATION 90 6.23% $13,576
    CANOPY MORTGAGE, LLC 81 6.18% $16,401
    NFM, INC. 81 6.33% $13,723
    Glacier Bank 79 6.06% $16,363
    FREEDOM MORTGAGE CORPORATION 77 6.35% $14,978
    SUMMIT FUNDING, INC. 71 6.37% $14,457
    CORNERSTONE HOME LENDING, INC. 67 6.29% $14,572
    AXIA FINANCIAL, LLC 63 6.51% $13,238
    EAGLE HOME MORTGAGE, LLC 61 4.79% $14,266
    GUARANTEED RATE, INC. 58 5.97% $15,213
    CROSSCOUNTRY MORTGAGE, LLC 57 6.28% $15,782
    HIGHLANDS RESIDENTIAL MORTGAGE, LTD. 56 6.31% $15,677
    EVERGREEN MONEYSOURCE MORTGAGE COMPANY 53 6.27% $17,741
    Waterstone Mortgage Corporation 53 6.33% $16,389
    Sunflower Bank 50 6.29% $16,190
    MUTUAL OF OMAHA MORTGAGE, INC. 48 6.14% $14,983
    PENNYMAC LOAN SERVICES, LLC 47 6.02% $14,626
    CMG MORTGAGE, INC. 44 6.13% $15,973
    BROKER SOLUTIONS, INC. 44 6.54% $14,858
    Century Mortgage Company DBA Century Lending Company 43 6.00% $13,912
    AMERICAN PACIFIC MORTGAGE CORPORATION 41 6.24% $16,969
    PRIMELENDING, A PLAINSCAPITAL COMPANY 37 6.43% $15,400
    CLM MORTGAGE, INC 37 5.69% $15,299
    MOUNTAIN AMERICA 36 5.29% $13,591
    TBI MORTGAGE COMPANY 33 5.61% $19,680
    LOANPAL, LLC 31 5.68% $13,798
    CHURCHILL MORTGAGE CORPORATION 31 6.40% $16,727
    The Loan Store, Inc. 29 5.89% $15,270
    BELEM SERVICING LLC 29 6.21% $15,609
    HOMEAMERICAN MORTGAGE CORPORATION 28 4.58% $10,616
    Plains Commerce Bank 27 5.91% $14,847
    VAN DYK MORTGAGE CORPORATION 27 6.68% $9,678
    MY MOVE MORTGAGE, LLC 26 5.99% $16,216
    ENVOY MORTGAGE, LTD 26 6.30% $15,861
    Bank of England 26 5.60% $16,555
    JMJ FINANCIAL GROUP 26 6.36% $16,686
    AMERICAN FINANCING CORPORATION 24 6.03% $15,167
    PLANET HOME LENDING, LLC 23 6.15% $13,043
    Flagstar Bank, FSB 22 6.23% $13,084
    Paramount Residential Mortgage Group, Inc. 22 6.26% $14,828
    Equity Prime Mortgage LLC 22 6.55% $18,728
    BAY EQUITY LLC 22 6.44% $12,946
    Mr. Cooper ( Nationstar Mortgage ) 20 6.30% $16,513
    T2 FINANCIAL LLC 19 6.39% $20,620
    NEWREZ LLC 19 6.16% $13,078
    CASTLE & COOKE MORTGAGE, LLC 19 6.40% $14,413
    D. L. Evans Bank 18 6.04% $12,805
    LAKEVIEW LOAN SERVICING, LLC 17 6.44% $11,509
    PLAZA HOME MORTGAGE, INC. 17 6.82% $15,241
    KBHS HOME LOANS, LLC 17 5.65% $19,293
    LAND HOME FINANCIAL SERVICES, INC. 16 6.63% $11,362
    Franklin Loan Corporation 15 6.14% $17,409
    VERITAS FUNDING, LLC 15 6.25% $15,444
    ADVANTAGE PLUS 14 6.53% $9,600
    Mortgage Research Center, LLC 13 6.54% $7,024
    Carrington Mortgage Services, LLC 13 6.32% $16,935
    SECURITYNATIONAL MORTGAGE COMPANY 13 6.38% $15,711
    Zions Bank 12 5.91% $14,120
    Wallick & Volk, Inc. 11 6.30% $12,179
    SUN WEST MORTGAGE COMPANY, INC. 11 5.89% $16,213
    First Federal Savings Bank of Twin Falls 11 6.41% $12,717
    U.S. Bank 11 6.03% $15,388
    RANLIFE, INC. 10 6.72% $14,540
    AMERISAVE MORTGAGE CORPORATION 10 6.30% $15,395
    AMERICAN FINANCIAL RESOURCES, INC. 10 6.59% $17,595
    FIRST COMMUNITY MORTGAGE, INC. 10 5.89% $18,743
    UNION HOME MORTGAGE CORP. 9 6.29% $16,925
    AMERICAN FINANCIAL NETWORK, INC. 8 6.61% $18,228
    MORTGAGE SOLUTIONS OF COLORADO, LLC 8 7.30% $16,086
    VILLAGE CAPITAL MORTGAGE 8 6.44% $9,304
    MID AMERICA MORTGAGE, INC. 8 6.67% $10,763
    Gateway First Bank 8 6.41% $14,491
    INTERCAP LENDING INC. 7 5.39% $18,895
    RESIDENTIAL MORTGAGE, LLC 7 5.93% $13,114
    The Federal Savings Bank 7 6.25% $17,672
    American Mortgage & Equity Consultants, Inc. 7 6.71% $15,073
    PRIMARY RESIDENTIAL MORTGAGE, INC. 7 6.00% $2,671
    Sierra Pacific Mortgage Company, Inc. 6 5.87% $16,010
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 6 6.10% $13,193
    Cornerstone First Mortgage, Inc 6 6.00% $16,093
    CARDINAL FINANCIAL 5 6.42% $14,786
    BETTER MORTGAGE CORPORATION 5 5.78% $16,162
    OCMBC, INC. 5 6.80% $18,470
    Washington Trust Bank 4 6.78% $14,425
    Barrington Bank & Trust Company, N.A. 4 6.13% $20,410
    Boeing Employees Credit Union 4 6.38% $12,819
    ZILLOW HOME LOANS, LLC 4 5.84% $17,012
    MASON MCDUFFIE MORTGAGE CORPORATION 4 6.03% $16,377
    TOP FLITE FINANCIAL, INC. 4 6.78% $15,977
    Commerce Home Mortgage, Inc. 4 6.13% $18,224
    AmeriHome Mortgage Company, LLC 3 6.54% $11,148
    MORTGAGE ACCESS CORP. 3 5.83% $18,109
    HOMESIDE FINANCIAL, LLC 3 6.46% $11,167
    Magnolia Bank 3 5.96% $10,422
    Umpqua Bank 3 6.38% $13,364
    NATIONS DIRECT MORTGAGE, LLC 3 6.25% $11,568
    Nations Lending Corporation 3 6.00% $23,472
    KeyBank 3 5.71% $12,600
    GENEVA FINANCIAL, LLC 3 6.50% $15,201
    PRIORITY HOME LENDING, LLC 3 6.29% $18,405
    Bank of Utah 3 6.08% $7,907
    Wells Fargo Bank 3 6.08% $16,478
    JMAC LENDING, INC. 2 6.50% $13,061
    GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 2 6.50% $11,533
    HOMEBRIDGE FINANCIAL SERVICES, INC. 2 6.25% $19,809
    JPMorgan Chase Bank 2 5.62% $9,016
    LADERA LENDING, INC. 2 6.13% $15,231
    MICHIGAN MUTUAL, INC. 2 6.06% $12,573
    Encompass Lending Group, LP 2 6.50% $14,682
    DAS Acquisition Company, LLC 2 6.25% $19,568
    Chickasaw Community Bank 2 6.00% $12,798
    Texana Bank 2 6.63% $11,319
    WASHINGTON STATE EMPLOYEES Credit Union 2 6.38% $10,149
    ALLIANT CREDIT UNION 2 5.88% $11,432
    WESTMARK Credit Union 2 7.25% $5,862
    Cache Valley Bank 1 6.63% $9,148
    PACIFIC RESIDENTIAL MORTGAGE, LLC 1 6.25% $15,226
    Banner Bank 1 6.13% $16,455
    Opportunity Bank of Montana 1 5.63% $14,478
    Prosperity Home Mortgage, LLC 1 6.75% $10,796
    ONY GLO, INC. 1 6.38% $26,927
    NORWICH COMMERCIAL GROUP, INC. 1 6.75% $17,790
    NEW DAY FINANCIAL, LLC 1 7.50% $6,008
    Bank of America 1 5.88% $13,015
    Arvest Bank 1 6.00% $17,176
    NBKC BANK 1 6.50% $8,195
    NBH Bank 1 6.25% $11,035
    SUMMIT MORTGAGE CORPORATION 1 6.75% $12,575
    M&T Bank 1 6.25% $8,745
    DIRECT MORTGAGE, CORP. 1 5.75% $14,967
    DIRECTORS MORTGAGE, INC. 1 6.63% $28,936
    AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 1 5.63% $14,687
    1st Security Bank of Washington 1 6.63% $12,032
    EMBRACE HOME LOANS, INC. 1 5.99% $12,784
    MORTGAGEONE, INC. 1 6.50% $10,871
    MORTGAGE MANAGEMENT CONSULTANTS, INC. 1 6.75% $10,204
    EVERETT FINANCIAL, INC. 1 6.50% $14,220
    FIRST ALLIANCE HOME MORTGAGE, LLC 1 5.63% $20,920
    LEGEND LENDING CORPORATION 1 7.25% $15,843
    First Federal Bank 1 6.00% $10,462
    First Interstate Bank 1 6.25% $10,011
    ALLIED MORTGAGE GROUP, INC. 1 6.25% $15,752
    Victorian Finance, LLC 1 6.75% $21,695
    GUARANTEED RATE AFFINITY, LLC 1 6.65% $11,816
    Ixonia Bank 1 5.75% $16,513
    Alaska USA Federal Credit Union 1 5.63% $13,243
    INFINITY EQUITY GROUP, INC. 1 6.25% $12,179
    Goldwater Bank, N.A. 1 5.25% $14,680
    HORIZON 1 5.75% $16,857
    PHH Mortgage Corporation 1 6.49% $15,204
    BEEHIVE 1 6.00% $12,649
    POLARIS HOME FUNDING CORP. 1 7.63% $9,881
    PREMIA MORTGAGE, LLC 1 6.18% $13,408

    The top Idaho FHA lender as defined by loan originations is UNITED WHOLESALE MORTGAGE, LLC, with 529 FHA loans originated. Their average total fees are $16,716, which is $1,896 higher than the next largest lender, QUICKEN LOANS, LLC.

    The lowest fee Idaho FHA lenders (with over 10 loans originated) are Mortgage Research Center, LLC ($7,024), ADVANTAGE PLUS ($9,600), VAN DYK MORTGAGE CORPORATION ($9,678), HOMEAMERICAN MORTGAGE CORPORATION ($10,616) and LAND HOME FINANCIAL SERVICES, INC. ($11,362).

    The lowest rate Idaho FHA lenders (with over 10 loans originated) are HOMEAMERICAN MORTGAGE CORPORATION (4.58%), EAGLE HOME MORTGAGE, LLC (4.79%), MOUNTAIN AMERICA (5.29%), Bank of England (5.60%) and TBI MORTGAGE COMPANY (5.61%).

    Idaho FHA Loan Limits

    Metro County Year Single Family Limit 2 Family Limit 3 Family Limit 4 Family Limit
    BOISE CITY, ID ADA 2022 $515,200 $659,550 $797,250 $990,800
    NON-METRO ADAMS 2022 $420,680 $538,650 $651,050 $809,150
    POCATELLO, ID BANNOCK 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BEAR LAKE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BENEWAH 2022 $420,680 $538,650 $651,050 $809,150
    BLACKFOOT, ID BINGHAM 2022 $420,680 $538,650 $651,050 $809,150
    HAILEY, ID BLAINE 2022 $648,600 $830,300 $1,003,650 $1,247,300
    BOISE CITY, ID BOISE 2022 $515,200 $659,550 $797,250 $990,800
    SANDPOINT, ID BONNER 2022 $427,800 $547,650 $662,000 $822,700
    IDAHO FALLS, ID BONNEVILLE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO BOUNDARY 2022 $420,680 $538,650 $651,050 $809,150
    IDAHO FALLS, ID BUTTE 2022 $420,680 $538,650 $651,050 $809,150
    HAILEY, ID CAMAS 2022 $648,600 $830,300 $1,003,650 $1,247,300
    BOISE CITY, ID CANYON 2022 $515,200 $659,550 $797,250 $990,800
    NON-METRO CARIBOU 2022 $420,680 $538,650 $651,050 $809,150
    BURLEY, ID CASSIA 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CLARK 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CLEARWATER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO CUSTER 2022 $420,680 $538,650 $651,050 $809,150
    MOUNTAIN HOME, ID ELMORE 2022 $420,680 $538,650 $651,050 $809,150
    LOGAN, UT-ID FRANKLIN 2022 $420,680 $538,650 $651,050 $809,150
    REXBURG, ID FREMONT 2022 $420,680 $538,650 $651,050 $809,150
    BOISE CITY, ID GEM 2022 $515,200 $659,550 $797,250 $990,800
    NON-METRO GOODING 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO IDAHO 2022 $420,680 $538,650 $651,050 $809,150
    IDAHO FALLS, ID JEFFERSON 2022 $420,680 $538,650 $651,050 $809,150
    TWIN FALLS, ID JEROME 2022 $420,680 $538,650 $651,050 $809,150
    COEUR D'ALENE, ID KOOTENAI 2022 $483,000 $618,300 $747,400 $928,850
    MOSCOW, ID LATAH 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LEMHI 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LEWIS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO LINCOLN 2022 $420,680 $538,650 $651,050 $809,150
    REXBURG, ID MADISON 2022 $420,680 $538,650 $651,050 $809,150
    BURLEY, ID MINIDOKA 2022 $420,680 $538,650 $651,050 $809,150
    LEWISTON, ID-WA NEZ PERCE 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO ONEIDA 2022 $420,680 $538,650 $651,050 $809,150
    BOISE CITY, ID OWYHEE 2022 $515,200 $659,550 $797,250 $990,800
    ONTARIO, OR-ID PAYETTE 2022 $420,680 $538,650 $651,050 $809,150
    POCATELLO, ID POWER 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO SHOSHONE 2022 $420,680 $538,650 $651,050 $809,150
    JACKSON, WY-ID TETON 2022 $970,800 $1,243,050 $1,502,475 $1,867,275
    TWIN FALLS, ID TWIN FALLS 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO VALLEY 2022 $420,680 $538,650 $651,050 $809,150
    NON-METRO WASHINGTON 2022 $420,680 $538,650 $651,050 $809,150
    BOISE CITY, ID ADA 2023 $586,500 $750,800 $907,550 $1,127,900
    NON-METRO ADAMS 2023 $472,030 $604,400 $730,525 $907,900
    POCATELLO, ID BANNOCK 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BEAR LAKE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BENEWAH 2023 $472,030 $604,400 $730,525 $907,900
    BLACKFOOT, ID BINGHAM 2023 $472,030 $604,400 $730,525 $907,900
    HAILEY, ID BLAINE 2023 $740,600 $948,100 $1,146,050 $1,424,250
    BOISE CITY, ID BOISE 2023 $586,500 $750,800 $907,550 $1,127,900
    SANDPOINT, ID BONNER 2023 $523,250 $669,850 $809,700 $1,006,250
    IDAHO FALLS, ID BONNEVILLE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO BOUNDARY 2023 $472,030 $604,400 $730,525 $907,900
    IDAHO FALLS, ID BUTTE 2023 $472,030 $604,400 $730,525 $907,900
    HAILEY, ID CAMAS 2023 $740,600 $948,100 $1,146,050 $1,424,250
    BOISE CITY, ID CANYON 2023 $586,500 $750,800 $907,550 $1,127,900
    NON-METRO CARIBOU 2023 $472,030 $604,400 $730,525 $907,900
    BURLEY, ID CASSIA 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CLARK 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CLEARWATER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO CUSTER 2023 $472,030 $604,400 $730,525 $907,900
    MOUNTAIN HOME, ID ELMORE 2023 $472,030 $604,400 $730,525 $907,900
    LOGAN, UT-ID FRANKLIN 2023 $492,200 $630,100 $761,650 $946,550
    REXBURG, ID FREMONT 2023 $472,030 $604,400 $730,525 $907,900
    BOISE CITY, ID GEM 2023 $586,500 $750,800 $907,550 $1,127,900
    NON-METRO GOODING 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO IDAHO 2023 $472,030 $604,400 $730,525 $907,900
    IDAHO FALLS, ID JEFFERSON 2023 $472,030 $604,400 $730,525 $907,900
    TWIN FALLS, ID JEROME 2023 $472,030 $604,400 $730,525 $907,900
    COEUR D'ALENE, ID KOOTENAI 2023 $572,700 $733,150 $886,200 $1,101,350
    MOSCOW, ID LATAH 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LEMHI 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LEWIS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO LINCOLN 2023 $472,030 $604,400 $730,525 $907,900
    REXBURG, ID MADISON 2023 $472,030 $604,400 $730,525 $907,900
    BURLEY, ID MINIDOKA 2023 $472,030 $604,400 $730,525 $907,900
    LEWISTON, ID-WA NEZ PERCE 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO ONEIDA 2023 $472,030 $604,400 $730,525 $907,900
    BOISE CITY, ID OWYHEE 2023 $586,500 $750,800 $907,550 $1,127,900
    ONTARIO, OR-ID PAYETTE 2023 $472,030 $604,400 $730,525 $907,900
    POCATELLO, ID POWER 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO SHOSHONE 2023 $472,030 $604,400 $730,525 $907,900
    JACKSON, WY-ID TETON 2023 $1,089,300 $1,394,775 $1,685,850 $2,095,200
    TWIN FALLS, ID TWIN FALLS 2023 $472,030 $604,400 $730,525 $907,900
    NON-METRO VALLEY 2023 $573,850 $734,650 $888,000 $1,103,550
    NON-METRO WASHINGTON 2023 $472,030 $604,400 $730,525 $907,900

    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).