Get a $5,000 grant for down payment and or closing costs!

The “Welcome Home” Grant Program  offers up to $5,000 for low and moderate income buyers in Ohio. The grant can be used for down payment assistance and/or closing cost assistance for qualifying home buyers.

Because funds are available on a FIRST COME / FIRST SERVE basis, Day Air recommends that you make preparations as soon as possible to take advantage of this opportunity!

Funds available beginning March 1, 2021.

Things to know about the Ohio Welcome Home Program

  • Only an authorized lender like Day Air Credit Union can offer Welcome Home Funds when financing your purchase.
  • Buyers must meet income guidelines.*
  • Must be in contract on property. (Grant application property is specific and can’t be transferred)
  • You must have a signed loan application with an authorized lender. Start an application with Day Air here.
  • Buyer must have $500 of their own funds for the transaction but $300 of that amount can be a gift.
  • Available with most loan types.*
  • Property Type is single-family, condominium, 2-4 unit property
  • Not limited to First Time Home Buyer (Can’t own home at the time of closing)
  • Borrower cannot get money back at closing. (Not even earnest money or pro-rated taxes)
  • Not available for homes in need of significant repair.

*Speak with a Day Air Mortgage Representative for complete details.