Program Open 7/7/2021
The First Time Home Buyer program is open for applications as of July 7, 2021 at 8am. The application is available at the online portal site by clicking here. Be sure to select "First Time Home Buyer" from the list of programs. Paper copies are available upon request; however, applicants are encourage to use the online portal to avoid delays. Please contact us with any questions or issues with the application portal.
Funds are available on a first come, first served basis, and applications will be reviewed in order. Additional details can be found in the Document Section below, including the brochure, presentation, and frequently asked question documents.
To be eligible, there are four main criteria:
- Be a first-time buyer
- Meet the income requirements
- Purchase an eligible property
- Meet debt and mortgage criteria
Income Limit Chart (Updated 6/1/21)
Frequently Asked Questions
Income and Asset Document Checklist
Funding Status - 7/27/21
Approved: - 1
Pre-Qualified: - 6
Remaining: - 8
Home Buyer Education
Applicants are required to complete a HUD-approved home buyer education course before applying. Locally, Horizons offers an on-line course that is HUD-approved, but applicants are able to take any course they choose. However, it must specifically state the course is offered by a "HUD-approved" counseling agency in order for it to meet the requirements of the First Time Home Buyer program.
- For more information about the funding source: HUD Website
- For a local HUD-approved education provider: Horizons Website
- For more information about the mortgage lending regulations: Consumer Financial Protection Bureau Website
Homeownership Program Coordinator
Phone: (319) 286-5874
Fax: (319) 286-5870