Homes for Iowans

The Homes for Iowans program may assist both repeat and first-time Iowa home buyers, who are not eligible for IFA's FirstHome program. The program provides the benefit of a safe, affordable, fixed interest rate mortgage, paired with the convenience of working with a local lender.

Participating Lenders
IFA does not lend money directly to consumers, but makes IFA programs available through local lender partners who work directly with the home buyer. Find a participating lender near you!

Benefits

• An affordable, 30 year, fixed interest rate
• The interest rate does not change based on the qualified borrower's credit rating
• Borrowers may request a free Title Guaranty Owner's Certificate. This Certificate protects the borrower's interest in the property's title even after the home is sold. What's more, if a title defect is identified, Title Guaranty becomes the borrower's free legal defense.

Eligibility    

• Program income limits vary by county. Use this home buyer eligibility tool to determine if you may be eligible.
• The home you’re purchasing must cost no more than $289,000 and must be located in Iowa.
• You must occupy the home as your primary residence within 60 days of closing.
• You must demonstrate an ability to repay the loan.
• You must have an acceptable credit history.
• For more eligibility information, contact an IFA participating lender.

 Resources

• QUICK CHECK: Eligibility Tool
• Homeownership programs flyer
• Get Instant Notifications about IFA homeownership programs! We'll send you rate changes and much more right to your phone! Sign up for the notifications now! Text HOMEINFO to 30644.
  

Contact Us
Email
800.432.7230