Iowa Finance Authority FirstHome Program

Iowa Finance Authority

Available Down Payment

About This Program

Down payment assistance for first-time homebuyers in Iowa purchasing homes in Ankeny. Combines below-market mortgage rates with optional down payment and closing cost assistance for income-qualified buyers.

Down payment assistance available as second mortgage

Key Details

  • Down payment assistance up to $5,000
  • Below-market interest rate mortgage available
  • Income limits apply (typically under $95,000)
  • Must complete homebuyer education course
  • Work with participating lenders

How to Apply

A grant-savvy contractor in Ankeny, 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 Ankeny, IA

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