Iowa Finance Authority FirstHome Program

Iowa Finance Authority

Available Down Payment

About This Program

Low-interest mortgage program for first-time homebuyers in Iowa with down payment and closing cost assistance. Includes homebuyer education requirement. Income limits apply based on household size and county.

Down payment assistance provided as forgivable second mortgage

Key Details

  • Low-interest mortgage for first-time buyers
  • Up to $2,500 down payment assistance
  • Homebuyer education required
  • Income and purchase price limits apply
  • Available statewide including Iowa City

How to Apply

A grant-savvy contractor in Iowa City, 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 Iowa City, IA

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