For Buyers from California · Hawaii · New York
A $200 billion investment, no state income tax, FHA loans from 3.5% down, and homes starting in the $400,000s. Here's what the rest of the country hasn't figured out yet.
Micron Technology — the fourth largest semiconductor manufacturer in the world, headquartered in Boise since 1978 — has announced a $200 billion investment in U.S. chip manufacturing. Two state-of-the-art fabrication facilities are being built right here in Boise.
This is the largest private investment in Idaho's history. The first fab is a $15 billion, 1.2 million square foot facility in southeast Boise, expected to be operational in 2027. A second fab is already in ground preparation.
The CHIPS Act provided $6.4 billion in direct federal funding for the Idaho fabs. Micron anticipates an additional $10–12 billion injected annually into the local economy through wages, construction contracts, and supply chain spending.
The people filling these high-paying jobs need homes. Many are relocating from exactly the markets you're living in right now.
Mortgage financing in Idaho works the same as anywhere in the U.S. — and in some ways it's more accessible. Here are the main options for buyers coming from high-cost markets.
As little as 3.5% down with a 580+ credit score. The clearest path for buyers who haven't been able to save a large down payment in a high-cost market.
20% down eliminates PMI. 3–5% options available. Many CA and HI buyers arrive with equity covering 30–50% down — dramatically reducing monthly payments.
Zero down payment, no PMI, competitive rates. Idaho has a significant veteran community and VA loans are one of the best mortgage products available.
New construction builders in Boise — CBH, Tresidio, Brighton, Toll Brothers — frequently offer rate buydowns through preferred lenders. I help buyers negotiate these.
You don't need to be in Idaho to get pre-approved. I work with lenders who specialize in out-of-state buyers — fully remote and costs nothing.
Many HI and CA sellers arrive with equity that covers a full cash purchase in Boise — eliminating mortgage payments and creating immediate financial freedom.
Book a free 30-minute video consultation. I'll walk through what your budget buys in the Treasure Valley, which areas and builders fit your goals, and how financing works — from wherever you are.