FirstHome Iowa Program

Iowa Finance Authority

Available Down Payment

About This Program

Iowa Finance Authority program offering down payment and closing cost assistance for first-time homebuyers purchasing in Iowa. Combines low-interest mortgages with grant assistance up to $5,000 for eligible buyers meeting income and purchase price limits.

Grant amount based on home purchase price and income level

Key Details

  • Down payment assistance up to $5,000
  • Must be first-time homebuyer or not owned home in 3 years
  • Income limits vary by county (typically 80-115% AMI)
  • Purchase price limits apply
  • Must complete homebuyer education course

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 432-7230

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

Deadline: Ongoing through participating lenders

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