Iowa Finance Authority Single-Family Mortgage Revenue Bond

Iowa Finance Authority

Available Down Payment

About This Program

Iowa Finance Authority offers down payment and closing cost assistance in the form of a forgivable second mortgage for first-time homebuyers in Iowa. Combined with competitive fixed-rate first mortgage financing, helping eligible buyers purchase homes throughout Sioux City.

Down payment assistance loan forgiven after 5 years of occupancy

Key Details

  • Up to $7,500 forgivable down payment assistance
  • First-time homebuyers in Sioux City eligible
  • Income limits apply by county
  • Forgiven after 5 years
  • Paired with low-rate first mortgage

How to Apply

Get free help applying Visit Official Program Page Track this program

(800) 432-7230

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

Deadline: Ongoing while funds available

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