The Best Mortgage Lenders in Huston, ID
Compare verified mortgage lenders serving Huston, Idaho. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Huston
Featured Mortgage Lenders
Mountain America Credit Union
Mountain America Credit Union
Mountain America Credit Union is one of the most highly-rated financial institutions serving the greater Boise area and Huston region, with exceptional customer satisfaction ratings for mortgage services. As a member-owned cooperative with deep roots in Idaho, they offer personalized service and competitive rates. Their mortgage team provides comprehensive guidance through the entire home financing process, with special expertise in first-time homebuyer programs and various loan options. With multiple branches throughout the Treasure Valley and strong community presence, they're a trusted choice for Idaho homeowners.
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Bank of the West (now part of BMO)
BMO Bank (formerly Bank of the West)
With a strong regional presence throughout Idaho, BMO (formerly Bank of the West) has established itself as a premier mortgage lender in the Treasure Valley area serving Huston. They offer competitive rates and a wide range of loan products with particular strength in construction and lot loans, which are valuable in Idaho's growing communities. Their local loan officers have extensive knowledge of the Idaho market and provide personalized service. The bank has received high marks for their efficient processing and knowledgeable staff who understand the unique aspects of Idaho real estate.
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Guild Mortgage Company
Guild Mortgage Company
Guild Mortgage has a strong Boise presence and serves clients throughout the Treasure Valley, including Huston. As a dedicated mortgage lender (not a bank), they specialize exclusively in home loans, which allows them to provide expert guidance and competitive products. They're particularly noted for their excellent service with first-time homebuyers and their wide range of government-backed loans including VA and USDA options that work well in rural areas like Huston. Their local loan officers have extensive knowledge of Idaho's housing market and are known for their responsive communication throughout the lending process.
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Frequently Asked Questions
Common questions about mortgage lending in Huston, ID
What are the current mortgage rates like in Huston, Idaho?
Mortgage rates in Huston typically align with national averages but can be slightly higher due to the rural nature of Canyon County. As of recent data, 30-year fixed rates hover around 6.5-7%, but local lenders like Idaho Central Credit Union often offer competitive rates. It's best to check with multiple local lenders for the most current offers.
Are there any first-time homebuyer programs specific to Huston, Idaho?
Yes, the Idaho Housing and Finance Association offers several programs accessible to Huston residents, including down payment assistance and favorable loan terms for first-time buyers. Additionally, some local credit unions provide special first-time buyer programs with lower down payment requirements. These programs can be particularly helpful given Huston's affordable housing market.
How does Huston's rural location affect the mortgage process?
Huston's rural classification can impact appraisals since comparable properties might be farther apart, potentially requiring specialized appraisers familiar with rural Canyon County. Some lenders may have specific requirements for rural properties, but USDA loans are particularly advantageous here as Huston qualifies for USDA rural development loans with zero down payment options.
What types of properties are most common in Huston's mortgage market?
Huston primarily features single-family homes on larger lots, along with some manufactured homes and agricultural properties. This diversity means lenders may require additional documentation for non-standard properties, and manufactured homes must meet HUD certification standards. Traditional mortgages work well for most single-family homes in the area.
Are there any local property tax considerations I should know about for Huston mortgages?
Canyon County property taxes in Huston are relatively moderate compared to urban areas, currently around 0.7-0.9% of assessed value. Idaho's homeowner's exemption can reduce the taxable value of your primary residence by up to 50% or $125,000, whichever is less. Your lender will help factor these taxes into your overall mortgage payment calculation.
Why Choose a Mortgage Lender in Huston?
Local Market Knowledge
Lenders who understand Huston's housing market can offer better guidance and competitive rates.
Multiple Loan Options
Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.
Proven Track Record
Work with lenders who have years of experience and hundreds of satisfied customers in Idaho.
Ready to Find Your Perfect Mortgage Lender?
Connect with top-rated mortgage professionals in Huston and get competitive rates on your home loan.