IHFA First Loan + DPA Combo
Idaho Housing and Finance Association (IHFA)
Up to
$56,000
Assistance
Assistance
Area
Statewide
Buyers
First-time & repeat buyers
Income
Up to $170,000 household income
What This Program Offers
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.
Who Qualifies
Location
Buyer type
Primary residence
Education course
Your contribution
Income limits
Household income up to $170,000 for IHFA programs
| Household | 120% AMI Limit |
|---|---|
| 1 person | $89,926 |
| 2 people | $102,750 |
| 3 people | $115,576 |
| 4 people | $128,400 |
Showing sizes 1-4. See all household sizes
Ada County • FY 2025 HUD Income Limits
How to Apply
- 1
Complete Finally Home!® education if using IHFA DPA or if required by AUS.
- 2
Choose an IHFA-approved lender from the directory.
- 3
Get pre-approved for the IHFA first loan product that fits your scenario.
- 4
Apply for the 15-year DPCC second mortgage (up to 8%) simultaneously.
- 5
Your lender packages both loans together at closing.
Documents you'll need
- Finally Home! education certificate
- Income verification
- Credit report (typically 620+ for FHA, 640+ for First Loan)
- Purchase contract