Iowa Housing Finance Authority FirstHome Program

Iowa Finance Authority

Available Down Payment

About This Program

Iowa Housing Finance Authority FirstHome Program is available to homeowners in Marion, IA.

Provides down payment and closing cost assistance to first-time homebuyers in Iowa purchasing in Marion and surrounding areas. Combines low-interest mortgage with optional down payment assistance grant that is forgiven over time.

Down payment assistance amount based on income and purchase price

Official program page checked live on 2026-06-22.

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

In Marion, IA, you can combine this program with other local help to cut your cost:

Key Details

  • Down payment assistance up to $5,000
  • For first-time homebuyers in Marion area
  • Income limits apply (typically up to 80% AMI)
  • Must complete homebuyer education course
  • Forgivable over 5 years of occupancy

How to Apply

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

Your application paperwork

Documents you will likely need

  • Proof you own and live in the home (deed, recent mortgage statement, or property tax bill).
  • A government-issued photo ID for every owner on title.
  • Household income proof (recent pay stubs, last year's tax return, or benefit award letters for everyone in the home).
  • The program's own application form, completed (use the official link or phone number on this page).

Requirements vary by program and locality. Confirm the exact rules on the official program page. We can help you prepare your paperwork, but you submit it yourself.

Deadline: Ongoing, subject to funding availability

Questions about this program?

Ask us. It is free, and a real person answers within a business day.

Email us about this program

Frequently asked questions

How much can Iowa Housing Finance Authority FirstHome Program provide in Marion, IA?

Up to $5,000 down payment assistance.

Who qualifies for Iowa Housing Finance Authority FirstHome Program in Marion?

Iowa Housing Finance Authority FirstHome Program is open to homeowners in Marion, IA.

How do I apply for Iowa Housing Finance Authority FirstHome Program in Marion, IA?

Apply directly with Iowa Finance Authority using the official program link on this page or call (800) 432-7230. There is no middleman and no fee.

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 Marion, IA

This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.

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