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About Michelle Guth

Hi, I’m Michelle Guth and I am a mortgage consultant in the Boise, Idaho area and I specialize in, Idaho FHA Reverse Mortgages, Idaho First Time Home Buyer Loans, Idaho FHA 203(K) Rehab Loans, Idaho FHA Streamline Refinance and Idaho 100% VA Loans. My goal with my FHA mortgage blog is to educate and inform my clients about the various loan programs available on the market today. Phone: 208-475-0865 Diversified Mortgage Group : 7977 W. Marigold St. Garden City, ID 83714 ID MBL-5696 NMLS-36852/36853 P:208-475-0865 F:208-853-7879

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7977 W. Marigold ,
Boise , Idaho 83714

Phone: 208-475-0865

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FHA loan and FICO of 600

Boise Idaho FHA Streamline Refinance Loan – NO Appraisal

An Idaho FHA Streamline Refinance With No Appraisal is the best way to go if you live in Boise, Idaho and are looking to Refinance your home and you currently have an FHA loan. Benefits of a Boise Idaho FHA Streamline Refinance Appraisal usually not required Very little paperwork No Appraisal Fee (if doing no [...]

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VA Eligibility

What’s An Idaho VA Loan Pre-Approval Letter?

An Idaho VA loan pre-approval letter is a document granted by an Idaho VA mortgage lender that states that based on preliminary information such as the potential borrower’s credit, assets, and income, that they qualify for a Veterans Administration loan of a specified amount. It is different from a pre-qualification in that some or all [...]

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Boise, Idaho VA Jumbo Mortgage Loans Are They Available?

Boise, Idaho VA Jumbo Mortgage Loans Are They Available?

If you’re looking at buying the home of your dreams – and the price reflects it – then an Boise, Idaho VA jumbo mortgage loan may very well be the best option for your mortgage. In most veteran loan scenarios, the VA guarantees up to 25% of the total amount of the loan up to [...]

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More Than One Boise, ID VA Loan – Multiple VA Loans Permitted?

More Than One Boise, ID VA Loan – Multiple VA Loans Permitted?

The short answer to the question “How many Idaho VA loans can I have?” is that there is no limit on the amount of times eligible veterans are allowed to use their VA loan benefits. This answer often surprises veteran borrowers who have used the program before. As you are probably well aware, a Idaho [...]

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Idaho VA Loan Appraisal Process

Idaho VA Loan Appraisal Process

Before your home can be approved for Idaho VA loan financing, a VA appraisal must be completed on the property. An Idaho VA appraisal involves a thorough inspection of the home and property to determine the current market value of the home. This appraisal is especially geared towards reporting any defects involving safety or security [...]

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Idaho Home Buyers Did You Know FHA Made Changes To Mortgage Insurance Requirements

Idaho Home Buyers Did You Know FHA Made Changes To Mortgage Insurance Requirements

- MONTHLY INSURANCE PREMIUM INCREASES FOR FHA HOME LOANS Previously the monthly mortgage insurance premium was a factor of .55% of the loan amount (if the loan to value was over 95%). As of October 4, the factor has increased to .9% You are probably wondering how this affects the payment. On a $400,000 mortgage, [...]

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Seek An Idaho Refinance NOW !!!! Before Rates Go Back Up !!!

Refinance your Idaho Mortgage now before interest rates go back up!!!!!!  An Idaho Refinance is what many people need to look into right now with where interest rates are at. Interest rates won’t stay this amazingly low for long so act now !!!! Below I have outlined four main reasons why you should do an [...]

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Boise Idaho Jumbo Mortgage Loan

Qualifying for a Boise Idaho Jumbo Mortgage Loan   Whether you’re qualifying for a $500,000 mortgage, or a $3 million mortgage, there is obviously going to be a sizable monthly mortgage payment that the underwriter will want to be sure you can afford over a long period of time. It’s important to be thorough in [...]

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Idaho Rural Development (RD) No Downpayment Home Loan Mortgage

The Idaho USDA Rural Development home loan is a true 100% financing with no down payment. With an Idaho USDA Rural development home loan their is no mortgage insurance. Mortgage insurance also known as private mortgage insurance (PMI) is setup to offset losses in the case where a borrower is not able to repay the [...]

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Idaho FHA Mortgage Home Loan Programs

Idaho FHA Mortgage Home Loan Programs While most people believe that the FHA lends money directly to borrowers, it actually just insures a certain type of loan that is financed by traditional banks and mortgage lenders. Four of the most visible single family housing programs that FHA offers are, Section 203(b), Section 234(c), Section 203(k) [...]

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How does the Idaho FHA Reverse Mortgage Loan Work?

How does the Idaho FHA Reverse Mortgage Loan Work? The Idaho FHA Reverse Mortgage, also known as a HECM (Home Equity Conversion Mortgage), is a loan made to a person age 62 or older. There are no income, credit or health requirements associated with the loan. The amazing thing about the Idaho FHA Reverse Mortgage [...]

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Boise, Idaho Reverse Mortgage Great For Senior Retirement Living

Boise, Idaho Reverse Mortgages are great for senior retirement living ! A Boise, Idaho FHA Reverse Mortgage Senior Home Loan is a great way for anyone over the age of 62 to enjoy their retirement and not have to stress as much about money. With a Reverse Mortgage it frees up the options available for [...]

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10 Steps to Simplify Closing an Idaho FHA 203k Streamline Home Loan

10 Steps to Simplify Closing an Idaho FHA 203k Streamline Home Loan Mortgage. Starting an Idaho FHA 203k Streamline mortgage can be daunting for most. How does the Idaho FHA 203k Streamline Process work? Many are confused as to how the program works and what steps are necessary. Below I have outlined the basic steps [...]

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Idaho Conventional Rehabilitation Home Loan for Investors, Second Homes and Primary Residences.

Idaho Conventional Rehabilitation Home Loan for Investors, Second Homes and Primary Residences. When purchasing a home, or if you have been living in one for quite some time, often there are changes home owners would like to make to their property. It can be expensive and a hassle to come up with several thousand dollars, [...]

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