Map1Idaho Mutual Trust began lending on commercial real estate in 2003. We are a private finance company, specializing in loans for commercial real estate. We do not provide loans to consumers or for consumer purposes. All of our loans must be secured by a deed of trust on property. Previous loans include construction, rehabilitation, special use properties, acquisition, raw land, and development projects. Our loan maturities are typically for between 6 and 24 months. Payments are typically interest only, due monthly. We are a direct lender. We are not brokers. We have funded and/or serviced in excess of $200 million in loans in our history. Our professional staff includes financial experts as well as commercial real estate experts that understand the complex aspects of commercial real estate. From short term lending to permanent financing, Idaho Mutual Trust professionals are ready to help with any commercial real estate transaction.  

Our Team

danDan Bureau

Dan is the Senior Vice President for Idaho Mutual Trust and has been with the company since August of 2004.  With over 15 years of real estate finance experience, he is responsible for overseeing all aspects of the loan process, including loan application review, loan origination, file documentation, borrower contact, third party contact (title, appraisal, legal), funding documentation, and the management and maintenance of Idaho Mutual Trust’s loan portfolio.   Dan has personally been involved with funding over 800 loans totaling $275 million.  Dan is a 2004 graduate of Boise State University where he majored in General Business Management and graduated Magna Cum Laude with a 3.93 GPA.  Dan received the honor of Most Outstanding Graduate for the College of Business – General Business Management.

jeffJeff Herridge

Jeff is the Vice President of Financial Operations.  He came to Idaho Mutual Trust in 2006, bringing with him over 10 years of management experience.  He is responsible for the oversight and management of the company’s banking operations, accounting processes and financial reports.  Jeff graduated Magna Cum Laude (GPA 3.87) from Northwest Nazarene University with a Bachelor’s in Business Administration.  While attending NNU, Jeff was invited and received into membership by Phi Delta Lambda and Delta Mu Delta.  He has completed several other courses in the areas of accounting, business law and human resources.


Gracie Carlyle

Gracie is the Administrative Assistant for Idaho Mutual Trust. Her responsibilities consist of overseeing file management, front desk management, third party relations, and is the coordinator of media/marketing. She has 6 years of customer service & has a Associate’s Degree of Arts from Liberty University with a 3.5 GPA. She enjoys creative design, loves helping people, and likes to learn new things. 

tom_1Tom Buuck

Tom is Founder.  He has been involved in the direct funding of commercial real estate for the past 25 years. He was most recently President and Chief Executive Officer of Lutheran Federal Credit Union, a newly chartered nationwide credit union.  Tom was responsible for all aspects of the regulatory approval process and all vendor selection and start-up operations for the credit union which serves members in all 50 states.  Prior to that he was Chief Credit Officer of the Lutheran Church Extension Fund, a $1.8 billion private finance company headquartered in St Louis.  Locally in Boise Tom’s career has included positions as Senior Vice President for Idaho Independent Bank, a $500 million bank headquartered in Idaho. Prior to his work at Idaho Independent Bank, Mr. Buuck was the Director of Business Lending for a billion dollar Texas finance company with subsidiary headquarters in Boise, ID. He personally has handled over $850 million in loan funding and also co-authored the underwriting manual for a Commercial Mortgage Backed Securities (CMBS) loan program. Mr. Buuck began his finance career with Wells Fargo Bank in 1991 and later became the Vice President of Real Estate for Idaho for Wells Fargo.   He has served on numerous boards and committees including the Credit Committee for the $1 billion Mortgage Fund of the Public Employee Retirement System of Idaho, the board of directors of LCEF,  and as Chairman of the Investment Committee for the $60 million Concordia University Foundation Fund.  Tom graduated Magna Cum Laude with a degree in Mathematics-Secondary Education from Concordia University in Wisconsin.  He has an MBA from Portland State University.

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