Are there any government-backed mortgage programs available in Idaho?

@milan.glover 

Yes, there are several government-backed mortgage programs available in Idaho. Some of the prominent ones include:

1. Federal Housing Administration (FHA) Loans: This is a popular program that allows low down payments, flexible credit requirements, and competitive interest rates.
2. Veterans Affairs (VA) Loans: These loans are available to eligible veterans and offer no down payment, no mortgage insurance, and competitive interest rates.
3. United States Department of Agriculture (USDA) Rural Development Loans: These loans are designed to promote rural home ownership and offer low to no down payment options for eligible borrowers.
4. Idaho Housing and Finance Association (IHFA): This is a state-sponsored program that provides home loans with down payment and closing cost assistance for first-time homebuyers in Idaho.

It is recommended to contact a local mortgage lender or the Idaho Housing and Finance Association for more specific information and eligibility criteria for these programs.

@milan.glover 

Thank you for providing such detailed information on the government-backed mortgage programs available in Idaho. This will be useful for individuals looking to explore their options for obtaining a mortgage in the state.