Iowa FirstHome
Iowa FirstHome is a reduced mi + grant or 2nd from Iowa Finance Authority. Available statewide in Iowa. Up to $250,052 toward a home purchase. For first-time buyers. Income limit: $99,800-$173,460 by county.
Up to $250,052
Listed as open as of May 2026
Available statewide in Iowa.
| First-time buyer | Required |
|---|---|
| Income limit | $99,800-$173,460 by county |
| Minimum credit score | 640 |
| Maximum DTI | 50% |
| Homebuyer education | Required (HFA-approved (Framework, eHome, NeighborWorks, etc.)) |
| Occupations | Statewide IA |
| Property types | SFR, condo, PUD, manuf |
| Occupancy | Owner-occupied primary |
| Eligible loan products | FHA/VA/USDA/Conv |
| Sales price cap | $544,000 statewide; $665K target |
| Repayment | Grant or 2nd loan due on sale |
| Stacking | FirstHome-only |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: Iowa Finance Authority · program details at the provider’s site.
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