What are the limits on a jumbo loan in Idaho? The home I'm buying is on a lot of land. I don't think I can take out a conventional loan for this. by ajwalkers from Boise, Idaho. Feb 1st 2011
It depends on the county. Blaine County is $729,250, Telon County is $693,750 and Valley County is $462,500. All other counties are cpped at $417,000.
Hi. There is alot more to look at than the county. If the land is over 20 acres, you may need a specific type of loan that allows this. If the land is being used for any type of farming, you would ned a specific type of loan for that, as well. The loan limits are based by county and the info below is accurate. There are other types of loans for loan amounts that exceed those listed below. I have access to what are called- 'Super Jumbo' loans at rates below the Jumbo rates, if you can believe that.Hope this helps. Patrick McCarthy Northpointe Bank 866-901-3576
It depends on the county you are in, when you say "a lot" of land what do you mean by that? It also depends on the Loan To Value (LTV) you are at?
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