Home Mortgage Loans for FIRST-TIME HOMEBUYERS.

for first-time Homebuyers²

$0 Down Payment
No Private Mortgage Insurance
640 Minimum Credit Score
Don't have credit? We may be able to help
Up to 43% Debt to Income Ratio
No Limits on Gift, Grant or Seller Contributions

Available only at MidWestOne

²Borrower income, property location and other restrictions apply. Homebuyer education course is required to be completed by borrower. $1,000 borrower contribution toward closing costs is required. Homeowners insurance and flood insurance (if applicable) is required. Loan is subject to credit approval and standard loan fees apply. This offer is subject to change without notice. Please contact MidWestOne for complete program details.

Your First Home Mortgage Loans.

Deciding to buy your first home is exciting, but can feel overwhelming when you aren't sure where to begin. Your friendly, local home loan lenders at MidWestOne Bank can help you get off the fence and take your first steps towards buying a first home. Our lenders will take the time to answer any questions you have as you apply for your first mortgage loan. We have helped first time home buyers realize their dreams in Iowa, Colorado, Wisconsin and across the Twin Cities metro area in Minnesota.

Why finance your first home with MidWestOne bank?

For many first-time buyers the hardest part is the first step. We are here to help make your dream of owning a home a reality. Our first-time homebuyer program was created to provide a simply better home buying experience, with an experienced mortgage team who will guide you every step of the way, access to FREE financial education resources, and available $500 closing cost credit¹ when you save for your first home and finance it with MidWestOne.

Ready to get started? Click the button below to take your first step toward buying your first home.

Get Started

All loans subject to credit approval.

Get help with your closing costs.

Get a $500 credit1

when you save $1,000 toward the purchase of your first home.

Open a new MidWestOne Personal Savings account and start saving today
Application for MidWestOne home loan must be received by December 31, 2025

Learn More

Family having fun while moving into their new home purchased with a MidWestOne home loan.

Owning a home may be more achievable than you think.

Your success as a first-time home buyer is our priority. That's why our experienced lenders will guide you every step of the home mortgage process. And when you apply, our lenders will help you find additional resources to make buying your first home easier, with down payment assistance programs, educational resources and prequalify your mortgage value so you know how much you can afford as you take your first steps. MidWestOne Bank is deeply rooted in the community, and we will do all we can to serve you.

Talk to a lender today to learn more about First Home Now and the availability of assistance programs and resources for first time home buyers

Down payment assistance

Our experienced mortgage team can help you find and qualify for down payment assistance programs available through your state.

Closing Cost Credit

MidWestOne wants to help you realize your dream of owning a home. Ask us how you can receive a $500 credit¹ toward closing costs when you save for your first home.

Contact a Lender about Home Equity Special

Have questions? Contact a MidWestOne Mortgage expert.

¹To receive the $500 credit for closing cost, open a new MidWestOne personal savings account and have at least $1,000 saved in the account when you apply for a first-lien home purchase loan with us. We must receive your loan application on or before 12/31/2025. Limit one per household. This promotion cannot be combined with any other offers and is not a commitment to lend. Mortgage loans are subject to credit approval.