First-Time Homebuyer Programs

Rolling

Idaho Central Credit UnionIDFirst-Time Homeowner

state

Updated: Dec 1, 2025

Summary

Idaho Central Credit Union’s First-Time Homebuyer Programs page highlights multiple mortgage options that can offer little to no money down, including 100 percent financing and extended term loans tailored for lower and middle income first time buyers across Idaho

Eligibility

First time and returning homebuyers who qualify for ICCU mortgage underwriting, including lower and middle income borrowers purchasing an owner occupied primary residence and completing required homebuyer education where applicable

Full Description

Idaho Central Credit Union offers a suite of first time homebuyer programs that are designed to make purchasing a home more accessible to Idaho residents who may not have a large down payment saved. The product lineup includes options where down payment requirements can be as low as zero when paired with available down payment assistance, as well as specialized first time buyer loans that finance one hundred percent of the purchase price while keeping monthly payments manageable. One featured offering is an adjustable rate first time homebuyer mortgage that provides full financing with no mortgage insurance for lower income borrowers who can meet underwriting guidelines and complete required homebuyer education. Another highlighted program is a forty year mortgage tailored to low and middle income buyers that stretches the repayment term to lower monthly payments, requires only a modest borrower contribution often around one thousand dollars, and still allows gift funds to supplement the down payment and closing costs. The page explains that ICCU products are meant for primary residence purchases and that the credit union’s local loan officers help buyers understand which combination of rate, term, and assistance options best fits their situation. Through its online mortgage portal and hands on guidance, ICCU positions these first time buyer programs as a flexible way for Idaho households to move from renting to owning with minimal upfront cash while still maintaining sustainable long term housing costs.

Verification & Details

Source: iccu.com

Official source → iccu.com

Apply on official siteUpdated Dec 1, 2025

Recommended Resource

First-Time Homebuyer Starter Pack (2025 Edition)

A complete first-time homebuyer toolkit: 9 checklists, timelines, grant guidance, worksheets + editable Excel/Google Sheet budget & affordability calculator.

first-time homebuyerhomebuyer starter packhome buying checklistbudget templategoogle sheet budgetdown payment assistancehomeownership toolkitdigital downloadPDF workbookaffordability calculator

View digital guide Buy now

More statewide programs

Explore additional grants available throughout Idaho that complement this opportunity.

Down Payment Assistance for Idaho Homebuyers

Open

Idaho Housing and Finance AssociationIDFirst-Time HomeownerDeferred loan

Updated: Dec 1, 2025

Statewide Idaho down payment assistance program that layers a second mortgage on top of an Idaho Housing first mortgage to cover most or all of the required down payment and closing costs while helping buyers preserve savings

Eligible for: Eligible Idaho homebuyers using an Idaho Housing first mortgage, meeting program underwriting and household income limits and completing app…

Funding: Provides up to 8% of the sales price of the home in down payment and/or closing cost assistance for eligible Idaho homebuyers; requires a $500 minimum borrower contribution.StatewideIndividualDown payment assistanceClosing cost assistance

View details →

First-Time Homebuyer

Open

CapEd Credit UnionIDFirst-Time HomeownerOther

Updated: Dec 1, 2025

CapEd Credit Union’s First-Time Homebuyer page aggregates multiple Idaho focused products including a zero down Educational Community 100 percent Loan, the CapEd Home Affordable Mortgage Program, and an Idaho first time homebuyer savings account that together help members get into a home with minimal upfront cash

Eligible for: Primarily first time homebuyers who are CapEd members or eligible to join, including educators and education community workers for the Educa…

Funding: First-time homebuyer mortgage with 3% down payment requirement; 100% financing option for eligible education-community borrowers via Educational Community 100% Loan (max loan $550,000).StatewideIndividualLow down payment mortgageFirst-time homebuyer loan

View details →

Homeownership – Homeownership Opportunity Program

Open

City of Boise Housing and Community DevelopmentIDFirst-Time HomeownerDeferred loan

Updated: Dec 1, 2025

City of Boise’s Homeownership Opportunity Program provides mortgage assistance to income qualified buyers purchasing homes within Boise city limits, using HUD funds to help with down payment, closing costs, and gap financing so monthly payments remain affordable

Eligible for: Income eligible homebuyers purchasing within Boise city limits with gross household income between 50% and 80% of Area Median Income who wor…

Funding: Down payment and/or closing cost assistance or subsidized mortgage to reduce buyers primary loan so that monthly payments are affordable; amount varies per buyer need and funding availability.CityIndividualDown payment assistanceClosing cost assistanceAffordable mortgage

View details →

Yes You Can Homeownership Program

Open

LEAP HousingIDFirst-Time HomeownerOther

Updated: Dec 1, 2025

LEAP Housing’s Yes You Can Homeownership Program is a free, mentorship style service that walks Boise area renters and aspiring buyers through the entire home purchase process, connecting them to education, trusted lenders, and available down payment assistance programs

Eligible for: First time and aspiring homebuyers in the Boise area, including households with lower incomes, limited savings, lower credit scores, or lang…

Funding: Program provides mentoring, guidance, and connections to realtors and lenders — not direct grants or loans.Local/RegionalIndividualHomebuyer educationHomeownership assistance

View details →