Iowa First Home Program

Iowa Finance Authority

Available Down Payment

About This Program

Offers low-interest mortgages and down payment assistance to first-time homebuyers in Iowa. Income and purchase price limits apply. Available through participating lenders statewide.

Down payment assistance as forgivable second mortgage

Key Details

  • Low-interest mortgage for first-time buyers
  • Up to $5,000 down payment assistance
  • Income and purchase price limits apply
  • Available through participating lenders
  • Down payment assistance may be forgivable

How to Apply

A grant-savvy contractor in Altoona, IA can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing, subject to funding availability

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

Find More Programs in Altoona, IA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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