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Government Loan Programs

 

Government Programs

We offer many affordable loan programs.

All loans subject to credit approval.

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Find the right affordable home loan for you

Federal Housing Administration (FHA)

As an FHA-approved lender, we can help you buy a home with as little as 3.5% down, even if your credit is less than perfect. You may also be able to roll closing costs into your loan or refinance a current FHA loan to lower your interest rate.

Government Loans

Military Home Ownership Assistance (VA)

Veterans and service members may be eligible to receive special grants and benefits that make home buying possible, such as no down payment requirement, lower interest rates and more accommodative credit requirements.

Low Down

USDA Rural Development Program

USDA loans and grants help low- and moderate-income rural Americans buy, improve or build safe, affordable housing in rural areas. Let us help you find the right loan for you.

Conventional Loan
 

All loans subject to credit approval.

State Programs

Iowa Finance Authority (IFA) Home Ownership Programs

IFA offers many affordable loan options for Iowa residents. Owning a home may be more achievable than you think. Let us show you how.

Iowa Housing Loans

Minnesota Housing Finance Authority (MHFA) Programs

Whether you're just starting your home search or ready to tackle home improvements, MHFA offers many affordable loan options for Minnesota residents.

Minnesota Housing Loans

Wisconsin Housing & Economic Development Authority (WHEDA) Programs

WHEDA offers many affordable loan options for Wisconsin residents, tailored to your individual needs, whether you are purchasing, refinancing, a first-time, or repeat buyer.

Wisconsin Housing Loans

Colorado Housing & Finance Authority (CHFA) Programs

CHFA offers many affordable loan options for Colorado residents. Apply for affordable home purchase and refinance loans, and grants for down payment and closing cost assistance.

Colorado Housing Loans

All loans subject to credit approval.

Saving for a home?

The down payment is the one thing that separates many first-time homebuyers from making the leap and purchasing a home. That's no surprise. It can be challenging to save enough money for a down payment.

Thankfully, there are some smart ways to save for your first home that might even earn you a tax break (consult your tax professional for specifics). Reach out to your local MidWestOne banker to learn more.

All loans subject to credit approval.

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Home loan process

From setting your budget to signing on the dotted line, we’ve laid out the steps we’ll go through to complete your home loan request. We’ve even included a document checklist.

All loans subject to credit approval.

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