Updated Income and Purchase Price Limits
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The Iowa Finance Authority (IFA) homeownership program's updated income and purchase price limits are effective for new reservations on and after Monday, June 9, 2025.
The income and purchase price limits have increased across the board.
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FirstHome
Purchase Price: $544,000
Income: Varies by County
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| Homes for Iowans
Purchase Price: $665,000
Income Limit: $173,460
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The income limits will be updated on the MRB 01 buyer affidavit in Lender Online and on IFA's website on June 9. Please be sure to update your records accordingly.
Please contact the Homeownership team with questions.
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