Oct. 22, 2020
IMPORTANT: Mortgage payment assistance is available to eligible Iowa Finance Authority homeowners who have experienced a COVID-19 loss of income.

  • Current homeowners at risk of foreclosure due to a documented COVID-19 related loss of income after March 17, 2020.

  • Household income at the time of application may not exceed 80% of the median family income, which varies by household size and county, a listing of income limits is available here

  • Additional eligibility information is available here.


  • Mortgage assistance for up to four months and can include up to two months in arrears, ($3,600 maximum).


  • Pay stub or other appropriate documentation prior to and after loss of income
  • Latest mortgage statement

What is required for proof of a COVID-19 related loss of income after March 17, 2020?

The following documentation is required for proof of loss of income:

  • Pay stub or other income documentation prior to job loss or reduction in income.
  • Pay stub or other income documentation after reduction in income dated after 3/17/2020.

How will payments be made?
  • Once an application is approved, a single, one-time payment will be issued directly to HomeLoanServ to be applied to your account.

See more FAQs and program details at IowaHousingRecovery.com.
Please note that this program is available on a first come, first ready to proceed basis until Dec. 30, 2020 or all funds are exhausted. If you are in need of assistance, you are encouraged to apply as soon as possible.