Please find attached lender guidance on the new $1,500 conventional closing cost assistance grant.
The grant was rolled-out on Monday, June 26 as part of the
as yet another incentive for Iowans to purchase homes this summer.
The closing cost assistance may be coupled with IFA's other down payment assistance programs - which could translate to
a total of $9,000 in assistance if buyers are eligible for all programs!
The closing cost assistance is available for a limited time only and is expected to assist approximately 230 home buyers.