Three Easy Steps to Secure an IdaMortgage Home Loan
The prospective home buyer contacts a local lender offering IdaMortgage home loans, a real estate agent, or calls IdaMortgage's Boise office at (208) 331-4883 or (800) 219-2285. IdaMortgage's telephone number for hearing-impaired persons is 1-800-545-1833, ext. 400.
If the home buyer meets IdaMortgage's income guidelines and locates a home within IdaMortgage's sales price limits, he/she enters into a purchase agreement or contract, subject to receiving IdaMortgage financing. The home buyer applies for the loan with a bank offering IdaMortgage home loans and completes the mortgage loan application, affidavit and other mortgage documents.
The lender makes a reservation with IdaMortgage to receive mortgage funds, the loan closes, and the buyer moves into the home and begins making monthly mortgage payments to IdaMortgage.
