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    Do I Qualify for a Loan and What Price Home Can I Buy?
    Before you look at the qualification requirements, here's a quick look at three easy steps to securing an IdaMortgage home loan:
    1. Check your eligibility now by answering a few simple questions. If you meet eligibility requirements, you will automatically be referred to a participating lender in your area; or you can contact a lender or mortgage broker to help you through every step of the home loan application process.
    2. Through the application process your lender or mortgage broker will determine if you meet our loan program requirements and qualify you for an IdaMortgage home loan.
    3. The lender or mortgage broker makes a reservation with IdaMortgage, brought to you by Idaho Housing and Finance Association, to receive funding for the mortgage, the loan closes, and you move into your home and begin making monthly mortgage payments to Idaho Housing and Finance Association.
    Here's a look at some of the requirements a prospective homebuyer must meet:
    1. The borrower must be a resident of Idaho, and must occupy the financed property as his/her primary residence within 14 days after closing;
    2. The borrower must have an acceptable credit and employment history;
    3. For the standard loan products, there are 17 counties in Idaho in which the borrower cannot have been a home owner at any time in the last three years, and 27 counties in which that rule does not apply. The chart also shows borrower income limits and sales price guidelines by county:
    County Previous Homeownership
    In Last Three Years?
    (First Loan Products Only)    		 Borrower Income Limits* Home Sales
    Price Limits
    (First Loan Products Only)
    First Loan Advantage Loans
    1- or 2-Person Household 3+ Person Household 140% Median Income
    Ada NOT Allowed $60,900 $70,035 $85,260 $300,000
    Adams Allowed $65,040 $75,880 $75,880 $325,000
    Bannock NOT Allowed $54,200 $62,330 $75,880 $275,000
    Bear Lake Allowed $65,040 $75,880 $75,880 $325,000
    Benewah Allowed $65,040 $75,880 $75,880 $325,000
    Bingham Allowed $65,040 $75,880 $75,880 $325,000
    Blaine NOT Allowed $74,800 $86,020 $104,720 $425,000
    Boise Allowed $70,200 $81,900 $81,900 $400,000
    Bonner Allowed $65,040 $75,880 $75,880 $325,000
    Bonneville NOT Allowed $56,900 $65,435 $79,660 $275,000
    Boundary Allowed $65,040 $75,880 $75,880 $325,000
    Butte NOT Allowed $54,200 $62,330 $75,880 $275,000
    Camas NOT Allowed $54,200 $62,330 $75,880 $275,000
    Canyon Allowed $73,080 $85,260 $85,260 $400,000
    Caribou NOT Allowed $55,300 $63,595 $77,420 $275,000
    Cassia Allowed $65,040 $75,880 $75,880 $325,000
    Clark Allowed $65,040 $75,880 $75,880 $325,000
    Clearwater Allowed $65,040 $75,880 $75,880 $325,000
    Custer Allowed $65,040 $75,880 $75,880 $325,000
    Elmore NOT Allowed $54,200 $62,330 $75,880 $275,000
    Franklin NOT Allowed $54,200 $62,330 $75,880 $275,000
    Fremont NOT Allowed $54,200 $62,330 $75,880 $275,000
    Gem Allowed $65,040 $75,880 $75,880 $400,000
    Gooding Allowed $65,040 $75,880 $75,880 $325,000
    Idaho Allowed $65,040 $75,880 $75,880 $325,000
    Jefferson Allowed $68,280 $79,660 $79,660 $325,000
    Jerome Allowed $65,040 $75,880 $75,880 $325,000
    Kootenai Allowed $65,040 $75,880 $75,880 $325,000
    Latah NOT Allowed $57,100 $65,665 $79,940 $275,000
    Lemhi Allowed $65,040 $75,880 $75,880 $325,000
    Lewis Allowed $65,040 $75,880 $75,880 $325,000
    Lincoln Allowed $65,040 $75,880 $75,880 $325,000
    Madison NOT Allowed $54,200 $62,330 $75,880 $275,000
    Minidoka NOT Allowed $54,200 $62,330 $75,880 $275,000
    Nez Perce NOT Allowed $54,200 $62,330 $75,880 $275,000
    Oneida Allowed $65,040 $75,880 $75,880 $325,000
    Owyhee Allowed $73,080 $85,260 $85,260 $400,000
    Payette Allowed $65,040 $75,880 $75,880 $325,000
    Power NOT Allowed $54,200 $62,330 $75,880 $275,000
    Shoshone Allowed $65,040 $75,880 $75,880 $325,000
    Teton Allowed $70,320 $82,040 $82,040 $425,000
    Twin Falls NOT Allowed $54,200 $62,330 $75,880 $275,000
    Valley NOT Allowed $54,400 $62,560 $76,160 $400,000
    Washington Allowed $65,040 $75,880 $75,880 $325,000
    * Different than down payment assistance limits.