09 Mar Free Money Available through March!
If you are looking for a home, right now is the best time to let your Cincinnati Real Estate Agent, Brett Keppler assist you in finding funds that are available through the Federal Home Loan Bank. FHLB sponsors an annual ten million dollar grant called the “Welcome Home Program” which started at the beginning of March.
This program is available to all buyers that fall below the medium income index for the area and can be used towards a down payment or closing costs. Up to $5,000 can be made available to you! The grant money is disbursed among lending institutions based on the volume they do. Funds go quickly on a first come basis and will be harder to find towards the end of the month, so don’t delay on getting in on the great opportunity.
In order to apply for the grant, you must have a home under contract in the state of Ohio and just starting the loan process. You can speak with your lender now to see if they have funds available and if you qualify for them. Watch this video and Brett will educate you on what to do if your lender has run out of these funds and where you can get the greatest amount. You can also learn more about this program by visiting the following link: