See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 15, 2026
Homebuyer Programs in Moline, IL (2026)
Moline is a Quad Cities community on the Mississippi River in Rock Island County, with an affordable median home price of approximately $171,000. The City of Moline operates its own CDBG Down Payment and Closing Cost Assistance Program, offering up to $6,500 toward down payment plus $2,000 toward closing costs as a 5-year forgivable loan. First-time buyers can also combine Illinois state programs, including IHDAccess Home with up to $15,000 and IHDA Access Forgivable with up to $6,000, with federal FHA and VA loans. Moline's low median home price combined with local and state assistance means many buyers can purchase with minimal cash out of pocket. Stacking the City of Moline program with IHDA assistance can dramatically reduce the cash needed to buy.
City Programs in Moline
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Moline CDBG Down Payment and Closing Cost Assistance Program | Forgivable Loan | Up to $6,500 down payment + $2,000 closing costs | No | View → |
- Type:
- Forgivable Loan
- Amount:
- Up to $6,500 down payment + $2,000 closing costs
- First-time only:
- No
State Programs in Illinois
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHLBank Chicago Downpayment Plus (DPP) | Grant | Up to $10,000 forgivable grant (lesser of $10,000 or 25% of the first mortgage amount) | No | View → |
| IHDA Access Deferred | Deferred Loan | — | Yes | View → |
| IHDA Access Forgivable | Forgivable Loan | — | Yes | View → |
| IHDA Access Repayable | Zero-Interest Loan | — | Yes | View → |
| IHDA Mortgage Credit Certificate (MCC) | Tax Credit | — | Yes | View → |
| IHDA SmartBuy | Forgivable Loan | — | Yes | View → |
| IHDAccess Home | Deferred Loan | — | Yes | View → |
| Opening Doors / Abriendo Puertas | Forgivable Loan | — | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $10,000 forgivable grant (lesser of $10,000 or 25% of the first mortgage amount)
- First-time only:
- No
- Type:
- Deferred Loan
- First-time only:
- Yes
- Type:
- Forgivable Loan
- First-time only:
- Yes
- Type:
- Zero-Interest Loan
- First-time only:
- Yes
- Type:
- Tax Credit
- First-time only:
- Yes
- Type:
- Forgivable Loan
- First-time only:
- Yes
- Type:
- Deferred Loan
- First-time only:
- Yes
- Type:
- Forgivable Loan
- First-time only:
- Yes
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- Type:
- Government-Insured Mortgage
- Amount:
- Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
- First-time only:
- No
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
- First-time only:
- No
- Type:
- FHA-Financed HUD REO Purchase
- Amount:
- Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- Type:
- Government-Guaranteed Mortgage
- Amount:
- No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
- First-time only:
- No
How to Apply
Step 1: Check your eligibility. For the Moline CDBG program, household income must be at or below current HUD income limits, housing costs less than 31% of income, and total debt less than 43% of income. IHDA programs have their own income limits.
Step 2: Contact KJ Whitley, Community Development Manager, at 309-524-2044 or kwhitley@moline.il.us to begin the Moline CDBG application. Funding is first-come, first-served.
Step 3: Complete HUD-approved homebuyer education if required for your mortgage or IHDA product.
Step 4: Get pre-approved for an FHA, VA, or conventional fixed-rate mortgage. IHDA-participating lenders are listed at ihdamortgage.org.
Step 5: Find a home within Moline city limits (required for the local program) and within IHDA purchase price limits. Given Moline's median near $171,000, most homes fit all program limits.
Step 6: Contribute at least $1,500 of your own funds. Submit your applications through the City and your lender. Closing typically occurs 30-45 days after contract.
Frequently Asked Questions
How much down payment assistance can I get in Moline?+−
Do I have to be a first-time homebuyer?+−
What is the maximum home price?+−
What homebuyer education is required?+−
How does the Moline CDBG forgiveness work?+−
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