Down Payment Funds For First Time Homebuyers

The Welcome Home funds program has been closed for the year, but if you are a home buyer looking in Ohio or Kentucky, you may be eligible for state grant money. Please contact me for details at (513) 520-6044 or bahale1@gmail.com

Grant Funds Available For Homebuyers in OH, KY and TN

If you are a homebuyer that is frantically trying to save enough for the required down payment for the purchase of your new home, you may be able to qualify for a grant up to a maximum of $5,000, based on documented need. The Federal Home Loan Bank of Cincinnati has made a total of $200,000 available through the "Welcome Home" program. Funds are available for homebuyers purchasing in Ohio, Kentucky, and Tennessee. There are restrictions including loan and income limits. Homebuyers have to have at least $500 of their own funds and if he or she is a first time homebuyer, complete a homebuyer counseling program. The funds are distributed on a first come, first serve basis, so they are expected to run out quickly. Home buyers must have a fully-executed purchase contract, signed loan documentation, and all corresponding income and asset documentation to register for funds. Please contact me immediately if you are interested at bahale1@gmail.com or (513) 520-6044.