Idaho

Down payment assistance for Idaho

One program listed below can help with the cost of buying a home in Idaho, and it can sit inside a riba-free structure.

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Down Payment Assistance for Idaho Homebuyers

Idaho Housing offers a down payment assistance program aimed at making the dream of homeownership easier and more accessible for Idahoans. Borrowers can get up to 8% of the home's sale price for the down payment and/or closing costs.

Learn more about the program here

Requirements

Minimum FICO score of 620

Annual income ceiling of $170,000

Repeat buyers welcome to apply for the program

Must enroll and complete Finally Home!® Homebuyer Education Course online or via a certified local seminar

$500 minimum contribution from own funds

Available programs

Features of Sharia-compliant programs

Through partnerships with investors, ijaraCDC offers a diverse list of programs that will fit the needs of any Muslim home buyer.

No Credit Program

Get a home even without established credit history.

Low Credit Program

Low credit score? No problem!

VA Program

Take advantage of VA housing offers for veterans.

Down Payment Assistance

Get up to 3.5% grant for your down payment.

USDA 100% Financing

100% financing for homes in USDA-designated areas.

Physician Program

Helping residents reside in their forever homes the sharia way.

Frequently asked questions

Idaho down payment questions

Our team answers by phone or email during business hours, and confirms what is available where you are buying.

Is down payment assistance available in Idaho?

Yes. The program listed above can help with the cost of buying in Idaho, and ijara CDC can pair it with a riba-free structure.

Can DPA be used with Sharia-compliant financing?

Yes. The assistance covers your contribution to the co-ownership, and the agreement itself stays free of riba.

How much can I receive?

It depends on the program and your household income. Contact us for the current position where you are buying.

How long does pre-qualification take?

About ten minutes, and it does not affect your credit.

What can I finance in Idaho?

Residential and commercial property, plus residential and auto conversions from an existing riba-bearing loan.