Hard Money Lenders Idaho

Hard Money Lenders Idaho
state flag of Idaho

Popular Cities For Lending in Idaho

Idaho Falls

Post Falls
Twin Falls

In the Idaho real estate market, grabbing properties before your competition is essential for making the best deals. Although real estate investors sometimes go the traditional route and seek bank loans, the process is anything but speedy.

When time is of the essence, waiting for the lengthy process of getting approval is not an option for most investors. Idaho hard money lenders specialize in providing hard money loans which provide quick funds to investors. These loans are for a non owner occupied property or in some cases for business purpose loans.

Idaho Hard Money Lender FAQ’S

Below are some of the most frequently asked questions we get regarding hard money loans and lenders in Idaho.

What Do Idaho Hard Money Lenders Specialize in?

Idaho hard money lenders specialize in providing short-term, creative financing for real estate investors. If you seek a conventional lender to purchase an investment property, your loan request will be based on the property’s value and your assets. Your credit score, job, and finances will be scrutinized intensely.  Hard money lenders base their final loan decisions on the after-repair value. The ARV represents the potential value of a property after all repairs have been accomplished. 

What are the Benefits of Idaho Hard Money Loans?

Idaho hard money loans offer advantages that traditional banks cannot. Lenders like Acamnet Financial offer a higher level of flexibility than banks.  When qualifying for this type of loan, lenders do not delve too deeply into the finances of real estate investors. In most cases, simply present the property and your plans, which saves you the hassle of gathering countless financial documents.

Do Idaho Hard Money Lenders Look at my Credit Score?

One of the greatest benefits of working with Idaho hard money lenders is the lack of credit score requirements. One of the first things a bank does is check your credit score.  You can get approved for a hard money loan in Idaho even if you have bad credit or poor credit, bankruptcies, and foreclosures in the past. Idaho Hard money lenders primarily care about the property you are purchasing.

What is the Interest Rate & Points for Hard Money Loans in Idaho?

Interest rates for hard money loans in Idaho are typically higher than traditional bank loans (conventional loans) because of the greater risk lenders must take on when approving loans. When searching for a hard money lender near me in Idaho, you will find average interest rate is between 8%-15%.  You should also be aware that lenders sometimes charge points that are meant to offset their administrative costs. Each point represents 1% of the total loan amount.  The average points lenders charge is between 1 to 3. Some lenders may charge up to 10 points. These points are due upfront or at closing, depending on the lender.

What Should I Look for in an Idaho Hard Money Lender?

There are many benefits to working with an Idaho hard money lender.  You just need to make sure you are working with the right lender.  You can rely on Acamnet Financial Group when you need us most.  We offer reliability, consistency, experience, and support.  As a real estate investor, you know the importance of grabbing the best property deals when they become available. 

How can Hard Money Lenders in Idaho Help Me?

Whether you are new to real estate and real estate projects or an old pro, you know having the capital to purchase real estate is essential. Without funds, you will miss out on real estate transactions.  When you partner with hard money lenders in Idaho, you will quickly get the money you need without jumping through the hoops of traditional bank lenders.

How do I get a Hard Money Loan in Idaho?

When you want a hard money loan in Idaho, begin by preparing the property information. Location, size, purchase price, after repair value, repair costs, etc.  In most cases, the financing will be based on these numbers.  Then, apply for a hard money loan in Idaho using this information and supply some financial information.  Then, an appraisal will be ordered to assess the loan-to-value ratio, which will influence the loan amount.

How do I Refinance an Idaho Hard Money Loan?

Refinance a Idaho hard money loan will involve moving from a high interest, short term loan to a longer term, usually lower interest rate loan. Typically a conventional type of loan.  When refinancing an Idaho hard money loan you will find it will have a more stringent set of guidelines.  You will need to have sufficient credit and income qualifications.  As the lending landscaping and regulations constantly change, you want to consult a knowledgeable conventional loan expert.

Current Real Estate Trends In Idaho (2024)

Home prices and sales in Idaho have been declining, while median days on the market have been increasing. In June 2023, prices decreased by 6.7% compared to the previous year, and the number of homes sold decreased by 7.4%. The median days on the market went up by 6 days.

Despite these drops, the market remains in a neutral position with no deep downturns expected due to the low supply levels. The supply of homes in the state decreased by 29.6% compared to the last year. Despite this, demand for housing in Idaho is still high, as seen by the sale-to-list price ratio of 98.7%.

The cities that saw the most growth in home prices were Lewiston with an 8.4% increase, and Meridian with a 10.6% decline. In the future, Idaho’s average home value is expected to drop, yet cities like Boise City, Idaho Falls, and Twin Falls are likely to experience growth.

Home Prices and Inventory

The Idaho housing market has seen significant changes, with home prices and inventory declining.

Data shows that home prices in Idaho have dropped by 6.7%, while the number of homes for sale has decreased by 29.6% in the same time period.

This suggests a decrease in demand and a potential buyer’s market in the state.

As such, potential homebuyers may be able to get better deals on properties in the current market.

Additionally, sellers may be more willing to negotiate prices to make a sale.

This could be beneficial for those looking to purchase a home in the near future.

Luxury Home Market

The luxury home market in Idaho has seen an immense surge in sales of properties costing at least $1 million since 2019. This can be largely attributed to a flood of out-of-state cash and the construction of excellent, tailor-made homes across various locations.

Data supports this trend, showing a significant increase in luxury home transactions and the overall quality of the newly constructed dwellings. The combination of these factors has created a strong market for luxury homes in Idaho.

This surge in the luxury home market highlights the growing appeal of Idaho as a desirable location for affluent buyers. The influx of out-of-state cash and the construction of high-quality homes have contributed to the overall growth and development of the luxury real estate sector in the state.

Affordability and New Construction

Housing affordability is a major factor in Idaho’s market, with values rising in 2021. Lower utility fees and registration expenses contribute to a more cost-effective existence in the state.

A real estate market analysis reveals that Idaho offers a lower cost of living than other states. This, in combination with the steady increase in house prices, makes Idaho a viable choice for potential homeowners.

The state’s comparatively lower cost of living make it an attractive option for buyers. Furthermore, the area’s steady growth in home values is an added bonus, making it an even more desirable place to purchase a home.



All About Idaho

Idaho, situated in the Rocky Mountain region, is renowned for its natural splendor and untamed landscapes. Sharing borders with six states and a brief border with British Columbia, Idaho offers a diverse array of geographic features and outdoor pursuits.

The state’s population has been consistently increasing, positioning it as one of the fastest-growing states in the nation. Its economy is multifaceted, encompassing significant sectors such as agriculture, manufacturing, and services. While Idaho is widely recognized for its potato production, earning it the moniker ‘Potato State,’ it boasts technological advancements, a thriving tourism industry, and a flourishing mining sector.

The abundance of natural resources, including timber, minerals, and water, contributes to the state’s economic vitality, with a particularly prominent timber industry. Idaho experiences a varied climate across different regions. The state harbors several notable landmarks and possesses a rich Native American heritage.

Education holds high importance in Idaho, evident through its robust education system and numerous colleges and universities.

Location and Borders

Idaho is situated in the Rocky Mountain region of the United States. It shares borders with Washington, Oregon, Nevada, Utah, Montana, and Wyoming. Additionally, it has a short border with the Canadian province of British Columbia.

Its geographical location provides a diverse landscape and opportunities for outdoor activities. The state’s proximity to these neighboring states and Canada allows for cultural exchange and trade.

Idaho’s location in the Rocky Mountains offers breathtaking views and scenic landscapes. The state’s natural beauty and wilderness are a significant draw for tourists and outdoor enthusiasts. From its vast forests to majestic mountains, Idaho’s rugged terrain provides ample hiking, skiing, and fishing opportunities.

The state’s unique location and natural resources contribute to its rich history and diverse economy.

Natural Beauty and Wilderness

The vast expanses of unspoiled natural areas in the western United States are renowned for their rugged landscapes and abundant natural beauty. Among these, Idaho is a prime destination for outdoor enthusiasts and nature lovers.

The state boasts some of the largest protected wilderness areas in the country, with the Frank Church River of No Return Wilderness Area covering an impressive 2.3 million acres. Visitors to Idaho can explore its breathtaking mountains, pristine lakes, and dense forests.

Hiking, skiing, fishing, and camping are just a few of the many outdoor activities that can be enjoyed in this picturesque state. Idaho’s natural beauty and wilderness set the stage for the Rocky Mountain region, where adventure awaits at every turn.

Rocky Mountain Region

Nestled within the towering peaks and scenic landscapes of the Rocky Mountain region, a wealth of outdoor adventures and breathtaking vistas await eager explorers.

Idaho’s location in this region makes it an ideal destination for those seeking an escape into nature. With its rugged terrain and diverse ecosystems, the state offers numerous outdoor activities such as hiking, skiing, and fishing opportunities. The majestic mountains that dominate the landscape provide a stunning backdrop for these adventures. From the jagged peaks of the Sawtooth Mountains to the tranquil lakes of the Coeur d’Alene area, there is something for everyone to enjoy.

As we transition into the next section about ‘population,’ it is essential to note that Idaho’s natural beauty and recreational opportunities have contributed to its rapid growth in recent years.


Located in the heart of the Rocky Mountain region, this state has experienced a significant increase in its population in recent years. With its stunning natural beauty and diverse economy, Idaho has become an attractive destination for individuals and families looking for a high quality of life.

The state’s population has been steadily growing, making it one of the fastest-growing states in the country. As more people discover Idaho’s opportunities and advantages, the population continues to rise.

This influx of new residents has led to a vibrant and thriving community with a rich cultural heritage and a strong sense of community. With a growing population, Idaho’s diverse economy has also flourished, providing ample opportunities for employment and economic growth.

The state’s population growth and economic prosperity go hand in hand, creating a dynamic and prosperous future for Idaho.

Diverse Economy

With a range of industries, including agriculture, manufacturing, and services, Idaho’s economy showcases its diversification and potential for growth.

The state is known for its potato production, earning it the nickname ‘Potato State.’ Agriculture is a significant sector, with Idaho being one of the top potato producers in the country.

Manufacturing also plays a significant role in the state’s economy, with industries such as food processing, wood products, and machinery manufacturing.

Additionally, Idaho has a thriving services sector, including technology, tourism, and healthcare.

The state’s natural resources, such as timber and minerals, also contribute to its economic vitality.

Idaho’s diverse economy provides a solid foundation for continued growth and prosperity.