Special Financing

Are you a first-time homebuyer?  Here are some great resources for potential financing for your home purchase!

The HomeOwnership Center of Greater Dayton has teamed with local cities and Montgomery County to offer first-time home buyers with down payment assistance.  Each program has it’s own qualifications and requirements.  Click the city or county below to be taken to the HomeOwnership Center’s website for more information.

City of Dayton

If qualified, you may receive up to 20% of the home’s purchase price toward the down payment and closing costs. The loan is a 0% deferred second mortgage.

City of Kettering

If qualified, you may receive up to $8,000 toward a down payment and closing costs. The loan is a 0% deferred second mortgage.

Montgomery County

If qualified, you may receive 10% of the home’s purchase price up to a maximum of $8,000 for down payment assistance and closing costs. The loan is a 0% deferred second mortgage.

Other Down Payment Assistance Programs

Eligible homebuyers can combine Ohio Housing Finance Agency’s Down Payment Assistance Grant with other homeownership loan programs to help with down payment, closing costs, and other out-of-pocket expenses associated with buying a home.  Click Here to be taken to OHFA’s website for more information.