We are here to help make homeownership possible
Our Affordable Down Payment solutions give everyone, from veterans to families - more options to qualify for a mortgage.1
Benefits You'll Love
- 100% financing option available for military veterans
- Little to no down payment option for those who qualify
- FHA and Rural Development loans available
Purchase your new home with little to no money down. We have several programs available that can make it easier upfront. Our lenders will help determine if you qualify for any of these programs.
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Federal Housing Administration (FHA) Loans
These FHA-insured loans allow for a low down payment, which can be made up of a gift, grant, or personal savings.
Rural Development (RD) Loans
If your home search leads you to a more rural community, an RD loan allows for little or no down payment with up to 100% financing. Income limits and property location restrictions apply.
Veterans Administration (VD) Loans
You’ve served our country, so let us serve you! VA loans are a 100% financing option available to military veterans or a widow of a veteran with benefits.
Idaho Housing and Finance Association (IFHA) Loans
Several loan options are available through the IHFA for low- to moderate-income households. Features include down payment and closing cost assistance and some borrowers may be eligible for mortgage credit certificates (MCC) for federal tax credits.
100% Portfolio Purchase Mortgage
For qualified borrowers, a 100% portfolio loan may put homeownership within your reach with very little to no down payment! 1% minimum borrower contribution towards loan costs (may be gifted) is required.*
*Credit qualifying criteria includes, but is not limited to, a minimum credit score, maximum debt-to-income ratios and loan term. Mortgage insurance required.
Freddie Mac's Home Possible Mortgage
Freddie Mac's Home Possible Mortgage is designed to reduce the barriers to homeownership for those with limited income. Many types of down payment sources are acceptable with Home Possible, including family, employer-assistance programs, and secondary financing.
Home$tart®
Qualifying first-time homebuyers may be able to take advantage of up to $15,000 in a Home$tart® down payment and closing cost assistance grant funds.**
The Home$tart® program is available to qualifying first-time homebuyers earning up to 80% of the area median income for the location of residence being purchased. Income limits are adjusted based on household size.
Click HERE to contact a Mortgage Banking Professional today and learn more about our programs designed to make homeownership possible and affordable!
**Subject to availability of grant funds.
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1Not a commitment to lend. Subject to underwriting and credit approval. Subject to additional terms and conditions.
Use this calculator to determine your projected earnings from our Kasasa Cash account. Move the sliders or type in the numbers to see your potential rewards.
- Estimated Annual Rewards $0
- Estimated monthly interest earned* $0
- Monthly ATM fees refunded**$0
This calculator compares the costs of buying or leasing a vehicle. There are three sections to complete, and you can adjust and experiment with different scenarios.
- Net cost of buying $0
- Net cost of leasing $0
A fixed-rate, fixed-term CD can earn higher returns than a standard savings account. Use this calculator to get an estimate of your earnings. Move the sliders or type in numbers to get started.
- Total value at maturity $0
- Total interest earned $0
- Annual Percentage Yield (APY)0.000%
Whether it's a down payment, college, a dream vacation...a savings plan can help you reach your goal. Use the sliders to experiment based on length of time and amount per month.
- Monthly deposit needed to reach goal $0
This calculator can help you get a general idea of monthly payments to expect for a simple loan. Move the sliders or type in numbers to get started.
- Estimated monthly payment $0
- Total paid $0
- Total interest paid $0
Certificates of Deposit (CDs)
| Term | Interest Rate | APY |
|---|---|---|
| 5-Month Rate Bump w/ Checking1 | 4.35% | 4.44% |
| 5-Month Rate Bump w/o Checking1 | 3.96% | 4.03% |
| 7-Month No Penalty2 | 3.97% | 4.04% |
| 3 Months | 4.30 % | 4.39% |
| 6 Months | 4.21 % | 4.29 % |
| 12 Months | 3.95 % | 4.02 % |
| 18 Months | 3.76 % | 3.83% |
| 30 Months | 3.15 % | 3.20% |
| 4 Years | 3.01 % | 3.05 % |
| 5 Years | 3.10 % | 3.14 % |
$500 Minimum Deposit to Open.
Interest rates and APYs are accurate as of 9/20/2024 Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. Fees may reduce earnings on the account. Stated APY is current as of 9/20/2024.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.44% annual percentage yield (APY). Customers without a First Federal checking account earn 3.96% with an APY of 4.03%.
2 Earn 3.97% with an annual percentage yield (APY) of 4.04%. This APY is accurate as of 9/20/2024. This offering is for a limited time and subject to change at any time. $5,000.00 minimum deposit to open account. Interest will be compounded and credited monthly. Minimum deposits of $1,000.00 can be made at any time. Penalty-free withdrawals with a minimum amount of $1,000.00 will be permitted any time after the first six (6) calendar days of account opening. Total close-out required if account balance drops below $1,000.00.
Home Equity Loans
| Product | Rate | APR |
|---|---|---|
| Home Equity Line of Credit (HELOC)1 | 8.250% | 8.251% |
| Home Equity Loan2 | 6.375% | 6.378% |
1 HELOC stated APR Annual Percentage Rate (APR) subject to criteria, including automatic payment from a First Federal checking account. HELOC initial payment is interest-only. Line of credit is accessible for ten years followed by a fifteen-year repayment period. Variable interest rate may increase after consummation. Property insurance may apply. Maximum APR of 18.00%. You may also be required to pay certain fees to third parties (such as appraisers, credit reporting firms, and government agencies) to open a line. These fees generally total between $0.00 and $1,200.00. If you ask, we will give you an itemization of the fees you will have to pay to third parties. In Idaho, the title insurance premium (if applicable) and mortgage recording tax will be based on the maximum amount of the credit line available to you, regardless of how much is advanced to you at any time. Rate quoted is for liens in first position. Loans in second lien position will have higher rates.
2 Rates vary by qualification and term selected. Rate quoted is for liens in first position. Loans in second lien position will have higher rates
Jumbo Certificates of Deposit
| Term | Interest Rate | APY |
|---|---|---|
| 5 - Month Rate Bump w/ Checking1 | 4.45 % | 4.54 % |
| 5 - Month Rate Bump w/o Checking1 | 4.06 % | 4.14 % |
| 3 Months | 4.40 % | 4.49% |
| 6 Months | 4.30 % | 4.39 % |
| 12 Months | 4.05 % | 4.13 % |
| 18 Months | 3.86 % | 3.93 % |
| 30 Months | 3.25% | 3.30 % |
| 4 Years | 3.10 % | 3.14 % |
| 5 Years | 3.20 % | 3.25 % |
$100,000 minimum deposit to open.
Interest rates and APYs are accurate as of 9/20/2024 Rates are subject to change at any time.
Annual Percentage Yield (APY) assumes interest credited is not withdrawn until maturity or renewal. Principal withdrawals prior to the maturity or renewal date may be subject to early withdrawal penalties. Penalties are not assessed if the account holder is deceased. Renewal grace period is seven (7) calendar days. No minimum balance is required to obtain the disclosed APY. Fees may reduce earnings on the account.
1 If, during the original term of this CD, our CD rate for the same term increases, the account holder(s) may request a one-time increase to the originally disclosed rate. This request will not alter the original maturity date. First Federal Bank checking account required to earn 4.54% annual percentage yield (APY). Customers without a First Federal checking account earn 4.06% with an APY of 4.14%.
Kasasa Cash*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Kasasa Saver*
| Balance | Minimum Opening Deposit | Rate | APY |
|---|---|---|---|
| 0 - $15,000 | $x | 0.00% | 0.00% |
| $15,000+ | $x | 0.00% | 0.00% |
| All balances if qualifications not met | $x | 0.00% | 0.00% |
Qualifications
xx
Loan Rates
Loan Rates
SuperSaver Savings
| Daily Balance Range | Interest Rate | Depending on Account Balance, Annual Percentage Yield (APY1) will: |
|---|---|---|
| $0.01 to $500.00 | 10.00% | Equal 10.47% APY |
| NEXT $500 $500.01 to $1,000.00 |
5.00% | Range from 10.47% to 7.79% APY |
| NEXT $1,000 $1,000.01 to $2,000.00 |
1.00% | Range from 7.79% to 4.40% APY |
| Greater than $2,000.00 | 0.10% | Range from 4.40% to 0.10% APY |
1 To qualify for the Annual Percentage Yield (APY), the following requirements must be met during a monthly statement cycle: Minimum of one (1) Round-Up transfer2 from checking account; minimum of one (1) deposit of at least $30 or two (2) deposits of at least $15; no withdrawal transactions; receive e-statements. If eligibility requirements are not met, the interest rate will be 0.10% with an APY of 0.10%. Interest is compounded and credited monthly. $10 minimum opening deposit required. The APY is accurate as of 9/18/2023. The interest rate on this variable rate account may change at any time at our discretion. Each primary account holder is allowed one (1) SuperSaver account per tax identification number.
2 Round-Up transfers must be posted, not pending or processing.