Coeur d'Alene Down Payment Assistance 2026

15-year fixed-rate second mortgage up to 8% of the lesser of sales price or appraised value (within MI LTV/CLTV limits). Interest rate = first mortgage rate plus 2.00%. Toward down payment and/or closing costs. Finally Home!® homebuyer education required. Purchase transactions for the standard 15-year product. Minimum $500 of the borrower's own funds required. Open to first-time and repeat buyers. Household income up to $170,000 (exceptions on specialized First Loan Tax Exempt products). Manufactured homes allowed per agency guidelines.

IHFA first mortgage products (HFA Preferred, HFA Advantage, FHA/RD, VA, Conventional, and First Loan Tax Exempt on select purchases) paired with up to 8% DPCC second mortgage assistance. Household income up to $170,000 for standard programs. No first-time buyer requirement on FHA/RD, VA, and HFA Preferred/Advantage purchases. Manufactured homes allowed per agency guidelines on eligible products.

North Idaho buyers in Coeur d'Alene and Kootenai County use IHFA 15-year DPCC assistance — up to 8% of sales price or appraised value. $500 minimum out-of-pocket. Open to first-time and repeat buyers. Income limit up to $170,000 household. Competitive market — get pre-approved early.

Fannie Mae HFA Preferred and Freddie Mac HFA Advantage purchase programs through IHFA. Up to 97% LTV. No first-time buyer requirement. Standard MI required above 80% AMI. Pair with DPCC second mortgage up to 8%. Lower rates on loan amounts $350,000 or less. AUS approval required. Manufactured homes allowed per agency guidelines.