Your real Iowa affordability, the Iowa Finance Authority First Home Plus DPA match, and a step-by-step plan — in 30 seconds. No email required.
Calculate your Iowa number — free →The Iowa Finance Authority First Home Plus DPA is Iowa's flagship statewide down payment assistance, administered by the state housing finance agency (grant / second loan). Current amounts, income limits and credit requirements are set by the agency — confirm them on the official program page. Cities and counties in Iowa often add their own programs on top.
Official Iowa program page →Iowa's main statewide option is the Iowa Finance Authority First Home Plus DPA — grant / second loan administered by the state housing finance agency. Many cities and counties in Iowa add their own programs on top, so it is worth checking all three levels.
It depends on your income, debts and credit. The calculator applies the FHA 31%/43% debt-to-income rule to estimate your price, then shows how much of your down-payment gap Iowa assistance could cover. Most buyers pair it with a 3% conventional or 3.5% FHA down payment.
Many state programs set a 620 minimum credit score alongside income limits based on area median income. Exact requirements are set by the agency — verify current terms on the official Iowa Finance Authority First Home Plus DPA page before applying.