This program provides down payment and closing cost assistance to help you settle into your new home. Qualified homebuyers can receive up to $5,000 in Welcome Home grant money for a single household based on program guidelines.
Homebuyers that are honorably discharged veterans, active duty military, reservists, and surviving spouses of service personnel are eligible for a $7,500 grant.
Program Details
- Program reservations begin March 1, 2021, and continue until funds run out. Funds are first-come, first-served.
- No purchase price limitation.
- Funds may only be used for down payment, closing costs and counseling costs.
- Homebuyer must contribute at least $500 of their owns funds towards down payment and/or closing costs. Up to 60% of the $500 may be received as a gift.
- A homeownership counseling program must be completed by first-time homebuyers
- Homebuyers must remain in the home for 5 years, or repayments of the grant may be required.
- Annual household income cannot exceed 80% of Mortgage Revenue Bond income limits established by the appropriate state housing finance agency.
County |
1-2 Persons |
3+ Persons |
| Allen, Auglaize, Paulding, Putnam, Van Wert |
$59,120 |
$67,988 |
| Mercer |
$58,480 |
$67,252 |
Contact your Financial Institution or a Real Estate Professional for additional information regarding the Welcome Home Mortgage Program
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