Average VA Purchase Loan amount in Idaho declines from Q4 2023 to Q1

May 10, 2024

0Comments

The average VA Purchase Loan amount for Idaho in the first quarter of fiscal year 2024 was $415,867, according to figures provided by the Veterans Affairs Home Loans Index

By comparison, Idaho’s average VA Purchase Loan amount for the fourth quarter was $429,506.

The VA assists service members, veterans and eligible surviving spouses to achieve homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, which allows the lender to provide better rates.

A number of VA housing programs can help members buy, build or repair their homes. Loan types may include Purchase Loans, Interest Rate Reduction Refinance Loans (IRRRL), and Adapted Housing Grants, which are geared toward veterans with a service-connected disability.

Government

Idaho collected $148.7 million in insurance premiums taxes in 2024

Of the $8.3 billion in taxes collected by Idaho in 2024, 1.8%, or $148.7 million, came from insurance premiums sales taxes, according to the U.S. Census Bureau’s Annual Survey of State Government Tax Collections (STC).

Raul Labrador Attorney General at Idaho - Official Website

Government

Attorney General Labrador attends National Police Week roundtable at White House

Attorney General Raúl Labrador joined national law enforcement leaders at a White House roundtable during National Police Week. Discussions included public safety priorities for Idaho as well as requests for more federal help fighting human trafficking.