FirstHome Iowa Down Payment Assistance

Iowa Finance Authority

Available Down Payment

About This Program

Down payment and closing cost assistance for first-time homebuyers in Iowa. Provides up to $5,000 grant (no repayment) when combined with IFA first mortgage. Income and purchase price limits apply. Must complete homebuyer education course.

Grant up to $5,000, does not require repayment

Data last verified 2026-06-09. How we verify our data.

Key Details

  • Up to $5,000 down payment/closing cost grant
  • For first-time homebuyers
  • Must use IFA first mortgage loan
  • Income limits: approx. $102,850 for family of 3+
  • Homebuyer education required

How to Apply

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

Deadline: Ongoing, subject to funding

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Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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