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About Iowa Finance Authority Participating Lenders
Consumers rely on real estate professionals and lenders to provide information and assist them during the home purchase process. IFA Participating Lenders are expected to answer borrower questions about available programs, complete the required loan and bond documents and keep the borrower apprised of the loan status. Specific lender responsibilities include:

  • Completing applications for FirstHome and FirstHome Plus loans
  • Registering FirstHome and FirstHome Plus loans to lock in the interest rate and reserve funds
  • Providing timely completion of required loan and bond documents
  • Submitting the loan to the master servicer for purchase

                                                                                  

 

Become an Iowa Finance Authority Participating Lender
We welcome you to become a part of our network of hundreds of lenders across the state that provide affordable financing to Iowa home buyers. An overview of IFA's homeownership programs is provided below under presentations. IFA's Mortgage Origination Agreement should answe many questions about Participating Lender responsibilities. Please direct any questions about becoming a Participating Lender to Lon Kobernusz

Current Interest Rates

Notices
9.29.11: Changes are coming to Iowa Finance Authority's Single-Family Programs 

Programs
FirstHome & FirstHome Plus
Homes for Iowans (formerly known as "Expanded Market")
Military Homeownership Program

Resources
QUICK CHECK: Eligibility Tool
Income Limits Summary with Census Tracts

Lender Frequently Asked Questions
New!
Homeownership Programs Flyer   
Recapture Tax Flyer
Recapture Tax Documents
Cooperative Advertising Program
Loans Purchased by Lender CY 2010
FirstHome & FirstHome Plus Loans Purchased, CY 2011
Guide to Accessing FirstHome information from USBHM MRBP Manual
IFA Homeownership Program Summaries and Documents

Title Guaranty Documents
United Guaranty with IFA Loans
MGIC with IFA Loans

USBHM – MRBP Manual

Presentations
DO/DU Underwriting Execution
FHA 203ks in FirstHome Program 
IFA Program Compliance
IFA Rural Development 502 Guaranteed

Lender Online
IFA Conventional Mortgages
IFA Program Closing Guide
IFA Homeownership Programs
Title Issues & TG Guidance
USBHM Underwriting & Delivery
USBHM Quick Reference
USDA
USDA Guaranteed Underwriting System


Contact Us
Lon Kobernusz, Iowa Finance Authority: 800.432.7230
An IFA Participating Lender
  

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