East Idaho · Idaho Falls
Home loans in Idaho Falls
By Tyler Kraupp, Founder, Good Co. Broker Club, LLC (company NMLS #2440270) · Updated October 7, 2026
Direct answer
Buying a home in Idaho Falls? The main loan types are conventional, FHA and VA, plus Idaho Housing and Finance Association down payment help for buyers who qualify. USDA loans don't cover homes inside city limits, though some nearby addresses may qualify. As a mortgage broker, our team compares loans from several wholesale lenders so you can choose what fits.
Idaho Falls at a glance (checked October 7, 2026)
- The U.S. Census Bureau counted 64,818 Idaho Falls residents in the 2020 Census and estimated 71,785 residents for July 1, 2025. Source: U.S. Census Bureau QuickFacts, checked October 7, 2026.
- The Federal Housing Finance Agency announced on November 25, 2025, that the 2026 conforming loan limit for a one-unit home in Bonneville County is $832,750. Source: Federal Housing Finance Agency, Nov 25, 2025, checked October 7, 2026.
- HUD announced on December 11, 2025, that the 2026 FHA loan limit for a one-unit home in Bonneville County is $541,287, the national floor. Source: HUD, Dec 11, 2025, checked October 7, 2026.
- The U.S. Census Bureau reports a median value of $335,500 for owner-occupied homes in Idaho Falls (U.S. Census Bureau, American Community Survey 2020–2024). Source: U.S. Census Bureau QuickFacts, checked October 7, 2026.
- USDA's rural housing program generally limits eligibility to areas with populations of 35,000 or less (USDA Rural Development, checked October 2026). Source: USDA Rural Development, checked October 7, 2026.
Loan options for Idaho Falls buyers
Conventional
The Federal Housing Finance Agency sets the 2026 conforming limit at $832,750 for a one-unit home in Bonneville County, checked October 7, 2026. Larger loans are jumbo loans, which have their own rules.
FHA
FHA loans are insured by the Federal Housing Administration and have their own credit and down payment rules (HUD, hud.gov, checked October 2026). HUD sets the 2026 limit here at $541,287 for a one-unit home, checked October 7, 2026.
VA loans
VA loans don't require a down payment for eligible borrowers, as long as the price isn't above the appraised value (U.S. Department of Veterans Affairs, va.gov, checked October 2026).
According to the U.S. Department of Veterans Affairs, checked October 2026, VA loans do not require private mortgage insurance, and borrowers with full VA entitlement have no VA loan limit.
USDA
USDA's rural housing program generally limits eligibility to areas with populations of 35,000 or less (USDA Rural Development, checked October 2026). The U.S. Census Bureau counted 64,818 Idaho Falls residents in the 2020 Census, above that line, so homes inside city limits don't qualify. Some addresses outside town still might. Check the exact address on USDA's eligibility map or send it to us.
Doctor loans
Doctor loan programs are built for physicians and other medical professionals early in their careers. Terms vary by program, so we compare options for you.
Already own
If you have equity in an Idaho Falls home, a HELOC or cash-out refinance can fund a remodel or consolidate other debt. Whether either makes sense depends on your current loan, so we look at that first.
Down payment help in Idaho Falls
Idaho Housing and Finance Association (IHFA) offers down payment and closing cost help statewide, including Idaho Falls. It's a second loan you repay, not a grant. Repeat buyers can use it, household income has to be at or below the program cap ($170,000 as of October 2026), and you'll take a homebuyer education course first (Idaho Housing and Finance Association, idahohousing.com, checked October 7, 2026).
Broker and bank options in Idaho Falls
Updated October 2026
A broker compares loan options from several wholesale lenders. A bank offers its own products. Good Co. Broker Club is a mortgage broker, not a lender. Our office is at 1170 St. Clair Ave #1 in Idaho Falls, and we work with borrowers across Idaho.
Idaho Falls home loan questions
- What is the 2026 conforming loan limit in Idaho Falls?
- $832,750 for a one-unit home in Bonneville County, set by the Federal Housing Finance Agency for 2026. Larger loans are jumbo loans.
- What is the FHA loan limit in Bonneville County for 2026?
- $541,287 for a one-unit home, which is HUD's national floor for 2026.
- Can you get a USDA loan in Idaho Falls?
- Not for a home inside Idaho Falls city limits. USDA's rural housing program generally limits eligibility to areas with populations of 35,000 or less (USDA Rural Development, checked October 2026). The U.S. Census Bureau counted 64,818 Idaho Falls residents in the 2020 Census, above that line. Some addresses outside town may qualify. Check the address on USDA's eligibility map.
- Is there down payment help in Idaho Falls?
- Yes. Idaho Housing and Finance Association offers down payment and closing cost help statewide. It's a repayable second loan with an income cap and a required homebuyer course.
- Do you need to live in Idaho Falls to work with Good Co.?
- No. Our office is in Idaho Falls, and we work with borrowers across Idaho.
Ask our team