The Best Mortgage Lenders in Moore, ID
Compare verified mortgage lenders serving Moore, Idaho. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.
Available Loan Programs in Moore
Featured Mortgage Lenders
Mountain America Credit Union
Mountain America Credit Union
Mountain America Credit Union is one of the highest-rated mortgage lenders serving Eastern Idaho, including Moore. With over 85 years of financial service experience, they offer exceptional customer service and competitive rates. Their mortgage specialists provide personalized guidance through the entire home loan process, and they have strong local presence with multiple branches throughout the region. They are particularly noted for their USDA rural development loans, which are ideal for properties in Moore and surrounding rural areas.
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D.L. Evans Bank
D.L. Evans Bank
D.L. Evans Bank is a trusted community bank with deep roots in Southern Idaho, serving Moore and surrounding rural communities for over a century. They offer personalized mortgage services with local decision-making and competitive rates. Their mortgage team has extensive experience with rural properties and agricultural lending, making them an excellent choice for Moore residents. The bank is known for its strong community involvement and long-term customer relationships.
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Zions Bank
Zions Bank
Zions Bank has been serving Idaho communities for generations and maintains a strong presence throughout the state, including Moore. They offer comprehensive mortgage solutions with dedicated local loan officers who understand the unique needs of rural Idaho homeowners. Their mortgage department is known for competitive rates, flexible terms, and exceptional customer service. Zions Bank has specific expertise in rural lending and offers specialized programs for properties in areas like Moore.
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Frequently Asked Questions
Common questions about mortgage lending in Moore, ID
What are the current mortgage rates like in Moore, Idaho?
Mortgage rates in Moore are typically competitive with national averages, but rural Idaho markets can sometimes have slightly higher rates due to smaller lender competition. Currently, 30-year fixed rates in the area generally range from the mid-6% to low-7% range, but it's best to check with local Idaho lenders who understand the Moore market specifically.
Are there any first-time homebuyer programs available specifically for Moore residents?
Yes, Moore homebuyers can access Idaho Housing and Finance Association (IHFA) programs like the First Loan program, which offers competitive interest rates and down payment assistance. These programs are particularly valuable in Moore's affordable market, where they can help cover down payments on the area's typically modestly priced homes.
How does Moore's rural location affect the mortgage process?
Moore's rural setting means some national lenders may be less familiar with local property values, so working with Idaho-based lenders is advantageous. Appraisals might take slightly longer as appraisers may need to travel from larger nearby cities like Idaho Falls, but this rarely causes significant delays in the mortgage process.
What types of properties are most common for mortgage lending in Moore?
Moore primarily features single-family homes on larger lots, along with some manufactured homes and rural properties. Lenders are generally comfortable with these property types, though manufactured homes may require specific loan programs and additional verification of the home's permanent foundation and titling status.
Are there any local considerations for down payment requirements in Moore?
Given Moore's relatively affordable housing market compared to urban Idaho areas, down payment requirements can be more manageable. Many local buyers successfully use conventional loans with 3-5% down, and the lower home prices mean down payment assistance programs can cover a significant portion of the required funds.
Why Choose a Mortgage Lender in Moore?
Local Market Knowledge
Lenders who understand Moore'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 Moore and get competitive rates on your home loan.