Give the gift of helping your loved ones save for their first home while taking advantage of the unique tax benefits of the First-Time Home Buyer Savings Account. First-Time Home Buyer Savings
The first-time homebuyer savings account program allows individuals to make tax-deductible contributions toward qualified home purchases in Iowa. Uniquely, accounts can be opened by others who are already homeowners on behalf of qualifying first- time buyers. The funds in these accounts can be used for a down payment and closing costs for a single-family primary residence within the state of Iowa.* First-Time Home Buyer Savings features include: • No minimum to open. • Earn variable interest rates. To open an account, stop by any of our 19 locations or get in touch with a banker online using the chat button on hillsbank.com!
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*It is important to understand the requirements of the program, and you may want to consult your tax advisor before opening an account.
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