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Get Matched Free →NFC Neighborhood Reinvest Down Payment Assistance
Funding status: Active
How much assistance
$15,000
Not forgivable. 30-year deferred loan at 0% interest. Repayable at sale, refinance, or when the home is no longer the primary residence. No monthly payments.
Eligibility
- Income limits: Household income below 100% of area median income.
- First-time buyer required: No
- Geographic restrictions: Home must be in an NFC-eligible lending area, which includes Polk County (Des Moines, West Des Moines, Windsor Heights, Urbandale) and Linn County (Cedar Rapids).
- Homebuyer education required: Yes
How to Apply for NFC Neighborhood Reinvest Down Payment Assistance
Must obtain first mortgage financing through Neighborhood Finance Corporation. Complete approved homebuyer education. Contact NFC at 515-246-0010 to begin application.
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