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Mortgage Refinancing in Idaho

Real refinance data for Idaho from federal sources, updated annually. See how your state compares to national averages.

Refinance Originations

2,858

2023 HMDA data

Avg Loan Amount

$422,183

National: $410,429

Denial Rate

24.85%

Below national avg

Median Home Value

$376,000

U.S. Census Bureau

Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS

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Refinance Trends in Idaho

Originations by Year

Refinance originations in Idaho by year. Source: HMDA via CFPB.

Loan Type Breakdown

Conventional: 86%
FHA: 12%
VA: 2%

Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.

Home Price Trends in Idaho

+2% YoYas of 2025-Q4

Source: FHFA House Price Index

Top Lenders in Idaho

#LenderHMDA RecordsAvg Loan
1Idaho Central19,140-
2Idaho Central Credit Union12,174-
3U.s. Bank National Association4,000-
4Rocket Mortgage LLC3,946-
5Mountain America3,370-
6United Wholesale Mortgage LLC2,752-
7United Shore Financial Services LLC2,584-
8Fairway Independent Mortgage Corporation2,554-
9Rocket Mortgage LLC2,539-
10U.s. Bank National Association2,444-

Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.

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How Idaho Compares

MetricIdahoNational Avg
Refinance Originations2,858435,709
Avg Loan Amount$422,183$410,429
Denial Rate24.85%27.87%

Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.

Current Mortgage Rates

30-Year Fixed

6.38%

6.22% prev

15-Year Fixed

5.75%

5.54% prev

5/1 ARM

6.06%

5.95% prev

National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.

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Frequently Asked Questions

How many people refinanced in Idaho in 2023?

In 2023, there were 2,858 refinance originations in Idaho, according to HMDA data reported to the CFPB.

What is the average refinance loan amount in Idaho?

The average refinance loan amount in Idaho was $422,183 in 2023. This reflects originated loans reported through HMDA.

What is the refinance denial rate in Idaho?

The refinance denial rate in Idaho was 24.85% in 2023. This is calculated from originated and denied applications reported to the CFPB.

What are the top refinance lenders in Idaho?

The most active lenders in Idaho by HMDA filing volume include Idaho Central, Idaho Central Credit Union, U.s. Bank National Association. See the full list above for details.

Is it a good time to refinance in Idaho?

Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.

Want a deeper analysis?

Read our full editorial guide on refinancing in Idaho, including tips, regulations, and state programs.

Read the Idaho Refinance Guide

Data sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.