Iowa Finance Authority First Home Rehabilitation Loan Program

Iowa Finance Authority

Available Home Repair

About This Program

Provides deferred-payment loans to first-time homebuyers in Iowa for necessary home repairs and improvements. The loan has 0% interest and is deferred until the home is sold, refinanced, or ceases to be the borrower's primary residence.

Zero-interest deferred loan, no monthly payments required while owner-occupied

Key Details

  • 0% interest deferred loan up to $25,000
  • For first-time homebuyers in Iowa
  • No monthly payments while owner-occupied
  • Covers necessary repairs and improvements
  • Must be combined with IFA mortgage product

How to Apply

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

Deadline: Ongoing; check with participating lenders

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 Clinton, IA

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

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