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For informational purposes only. This is not a commitment to lend or extend credit. Information and/or dates are subject to change without notice. All loans are subject to credit approval. Payments are quoted principal and interest with mortgage insurance if applicable, taxes and insurance are not included in payment estimation. Your payment obligation may be higher.
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Secure Your Dream Home in Monteview, Idaho

Ready to buy a home in Monteview, Idaho? Summit Lending offers tailored purchase loan solutions to make your homeownership dreams a reality. With over 50 years of combined experience, our expert mortgage brokers are here to guide you every step of the way. Get started today!
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Median Home Price$285,000
The median home price in Monteview, Idaho, as of September 2025, reflects the broader Idaho market trends where prices have risen 156% from 2015 to 2025, making it a competitive area for buyers seeking purchase loans.
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Housing InventoryLow - 2.5 months supply
Monteview's housing market features a tight inventory of about 2.5 months of supply statewide in 2025, indicating high demand and limited options for home buyers pursuing purchase loans in rural Idaho areas.
Idaho Housing Market: Home Prices & Trends Image
Population~1,500
Monteview, a small unincorporated community in Jefferson County, Idaho, has a population of approximately 1,500 residents as of 2025, contributing to a stable but niche demographic for targeted home buying loan opportunities.
Idaho Housing Market Trends & Forecast 2024 Image

The Path to Homeownership in Monteview, Idaho

Buying a home is one of the most important decisions you'll ever make, and finding the right purchase loan is essential to turning that vision into reality. At Summit Lending, headquartered in Tremonton, Utah, we are committed to providing customized home buying loan solutions for residents across Idaho, including the charming community of Monteview. With more than 50 years of combined experience, our dedicated team of mortgage brokers and loan officers is ready to assist you through every stage of the mortgage journey. Whether you're a first-time buyer or looking to settle into a new property in Monteview, Summit Lending offers the expertise and support you need to secure a purchase loan with confidence.

What Are Purchase Loans?

A purchase loan, commonly known as a home buying loan, is a mortgage specifically designed to finance the acquisition of a new property. Unlike refinancing or other loan types, these loans cater to individuals or families aiming to purchase a primary residence, vacation home, or investment property. Purchase loans come in various forms, such as conventional loans, FHA loans, VA loans, and USDA loans, each offering unique benefits and eligibility requirements tailored to different financial situations.

At Summit Lending, we recognize that every homebuyer in Monteview, Idaho, has distinct needs and goals. Our wide array of purchase loan options ensures we can match you with a product that fits your budget, credit history, and long-term plans. Whether you're exploring homes in Jefferson County or other parts of Idaho, we're here to simplify the process. Learn more about our comprehensive mortgage loans to see how we can help.

Why Partner with Summit Lending for Your Purchase Loan?

With numerous lenders and mortgage brokers available, you might wonder what makes Summit Lending stand out. Here are several reasons why clients across Idaho trust us with their home buying journey:

  • Regional Knowledge: Operating in Idaho, Utah, California, Texas, and Wyoming, we have a deep understanding of local real estate markets. Whether you're purchasing a home in Monteview, Boise, or elsewhere in Idaho, our insight into local trends helps you secure a competitive loan.
  • Personalized Guidance: Our mortgage brokers take the time to understand your unique financial situation, offering one-on-one support to ensure informed decisions about your purchase loan.
  • Decades of Expertise: With over 50 years of combined experience, our team ensures a smooth process from application to closing.
  • Diverse Loan Options: From conventional to government-backed loans like FHA and VA, we provide a variety of solutions for homebuyers in Monteview and beyond.
  • Client-First Philosophy: Your satisfaction drives us. See why our clients rate us highly by visiting our testimonials page.

Types of Purchase Loans Available at Summit Lending

We offer a broad selection of purchase loan products to accommodate various homebuyers in Monteview, Idaho. Here's an overview of the most sought-after options:

Conventional Loans

Conventional loans are a popular choice for many buyers and are not insured by the government. They often require a higher credit score and down payment but provide flexibility in terms and potentially lower costs for those with strong credit. Summit Lending can help determine if a conventional loan suits your needs for a home in Monteview or nearby areas like Jefferson County.

FHA Loans

Federal Housing Administration (FHA) loans are ideal for first-time homebuyers or those with lower credit scores or limited down payment savings. With down payments as low as 3.5% and more flexible credit criteria, FHA loans are accessible to many in Idaho. Our team at Summit Lending is ready to guide you through the application process, ensuring you meet all requirements. Explore more about this option on our purchase loans in Idaho page.

VA Loans

VA loans, backed by the Department of Veterans Affairs, are available to eligible veterans, active-duty service members, and certain military spouses. These loans often require no down payment or private mortgage insurance (PMI), making them a cost-effective choice. If you're a veteran in Monteview, Summit Lending is honored to assist with securing a VA loan.

USDA Loans

USDA loans are designed to encourage homeownership in rural and suburban areas, often requiring no down payment and offering low interest rates for eligible buyers. Many areas in Idaho, including parts of Jefferson County near Monteview, qualify for USDA loans. Summit Lending can help you determine if your desired location is eligible and guide you through the process.

Securing a purchase loan involves multiple steps, and Summit Lending is committed to supporting you at every turn. Here's a general outline of the home buying journey:

  1. Pre-Approval: Getting pre-approved for a mortgage is a critical first step before house hunting. It demonstrates to sellers that you're a serious buyer and clarifies your budget. Visit our pre-approval in Idaho page to start this process.
  2. Home Search: With pre-approval in hand, collaborate with a real estate agent to find properties in Monteview that align with your needs and budget.
  3. Making an Offer: Once you've found the perfect home, submit an offer. If accepted, you'll proceed to the next steps.
  4. Loan Application: Formally apply for your purchase loan with Summit Lending. We'll assist in gathering necessary documents like income statements and credit reports.
  5. Appraisal and Inspection: The lender will conduct an appraisal to assess the property's value, and you may choose a home inspection to identify potential issues.
  6. Closing: Finalize the process at a closing meeting where you'll sign paperwork and take ownership of your new home in Monteview.

Throughout this journey, Summit Lending's seasoned brokers will provide answers and ensure a seamless experience. For those new to the process, we offer specialized support for first-time home buyers in Idaho, making the transition to homeownership smoother.

Why Choose Monteview, Idaho, for Your Home?

Monteview, located in Jefferson County, Idaho, is a hidden gem for homebuyers seeking a tranquil, rural lifestyle with access to breathtaking natural surroundings. Here's why securing a purchase loan for a home in Monteview is a wise investment:

  • Affordable Living: Compared to larger cities like Boise, Monteview offers more affordable housing options, making it an ideal spot for first-time buyers or those looking to stretch their budget. According to data from the Idaho Housing and Finance Association, rural areas like Jefferson County often have lower median home prices, allowing buyers to get more value for their money.
  • Scenic Beauty and Outdoor Recreation: Monteview is surrounded by Idaho's stunning landscapes, with proximity to attractions like Yellowstone National Park and the Snake River. Residents enjoy activities such as hiking, fishing, and camping right at their doorstep, perfect for nature enthusiasts.
  • Small-Town Charm: With a tight-knit community, Monteview provides a sense of belonging and safety, ideal for families or retirees seeking a quieter pace of life. Local schools and community events foster a strong neighborhood spirit.
  • Growth Potential: While Monteview remains rural, nearby areas like Rigby and Idaho Falls are experiencing growth, potentially increasing property values over time. Investing in a home here could be a smart long-term decision, as noted by recent real estate trends in Jefferson County.

For more insights on living in Idaho and navigating the real estate market, check out our blog for helpful tips and updates.

Additional Mortgage Services for Monteview Residents

Beyond purchase loans, Summit Lending offers a variety of mortgage solutions to meet your needs in Monteview, Idaho. Whether you're considering refinance loans in Idaho to lower your monthly payments or exploring construction loans in Idaho to build your dream home from the ground up, we have the expertise to assist. We also provide reverse loans in Idaho for seniors and commercial loans in Idaho for business property investments. Our goal is to be your one-stop shop for all mortgage needs.

Understanding Your Financial Options

Navigating the financial aspects of home buying can be daunting, but Summit Lending makes it straightforward. Use our loan calculator for Idaho to estimate monthly payments based on current interest rates. This tool helps you plan your budget and understand what you can afford in Monteview. Additionally, our team can provide advice on improving your credit score or saving for a down payment, ensuring you're in the best position to secure a favorable loan. For more detailed guidance, read our blog post on how to improve your credit score.

Take the First Step Toward Your Monteview Home Today

Ready to secure a purchase loan and begin your homeownership journey in Monteview, Idaho? Summit Lending is just a call or email away. Reach out to us at [email protected] or dial 385-200-1470 to discuss your options. You can also visit our office at 305 E Main Street Suite 202, Tremonton, UT 84337, for a face-to-face consultation. If you're prepared to start the application process, head to this link to upload documents and provide necessary information securely.

Don't Delay - Let's Build Your Future Together

At Summit Lending, we believe everyone deserves the opportunity to own a home, especially in a beautiful location like Monteview, Idaho. With our expert guidance, competitive purchase loan products, and unwavering commitment to client satisfaction, we're confident we can help you achieve your goals. Don't wait another day; connect with us via our contact us page to get started. Whether you're in Monteview or elsewhere in Idaho, Summit Lending is your trusted partner for home buying loans. Let's make your dream home a reality!

Interested in hearing from others who've worked with us? Visit our testimonials page to read genuine feedback from satisfied clients. For additional resources and industry insights, explore our blog. We look forward to assisting you on this exciting journey to homeownership in Monteview, Idaho.

Home Price Growth Rate+4.2% year-over-year
Idaho's housing prices, including in rural spots like Monteview, have grown by 4.2% from 2024 to 2025, creating urgency for buyers to secure purchase loans amid rising costs.
Idaho Housing Market: Trends and Forecast 2024-2025 Image
Affordability IndexBelow average - 25% of income
In Monteview and surrounding Jefferson County, housing affordability is strained, with median home prices consuming about 25% of median household income in 2025, highlighting the need for strategic purchase loan solutions to bridge the gap.
Idaho Housing Affordability in 2025: High Prices and Tight Supply Test Buyers Image
Demographic CompositionFamily-oriented, 65% homeowners
Monteview's demographics feature a family-focused population with 65% homeownership rate in Jefferson County as of 2025, ideal for first-time buyers or growing families seeking purchase loans in a community-driven area.
Idaho Statewide Housing Analysis Image

Frequently Asked Questions

Everything you need to know about home mortgage loans in Monteview, Idaho
Which home loan is right for me?

Your ideal loan depends on several factors like your financial situation, long term goals, and risk tolerance. Fixed rate mortgages offer stability, while adjustable rate loans may save you money initially. Government-backed options can be great for those with lower credit scores. At Summit Lending, we’ll guide you through the options to find a perfect fit.


What are my loan options as a first time home buyer?

Is it possible to receive a home mortgage loan if I have bad credit?

Are there home loans for renovation available? 

How can I monitor interest rates for loans today? 

What information do I need to submit to apply?

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Mandi Turner
Michael Evenhuis
Brodie Calder
Summit Lending

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