The HomeOwnership Center doesn’t provide first mortgages. However, we can guide you to special mortgages for homebuyers.

Welcome Home – Down Payment Grant Program

Qualified low to moderate income homebuyers may be eligible for Welcome Home down payment grants:

• The loan must be used to buy the homebuyer’s primary residence.
• Up to $5,000. This is a grant and no repayment is required.
• The homebuyer must remain in the home for at least 5 years.
• The homebuyer must contribute $5000 in their own funds.
• Other restrictions apply.

Community Outreach Lending – Mortgage Program

Homebuyers that purchase a home in a qualified neighborhood may be eligible to obtain a mortgage loan with the following features:

• The loan must be used to buy the homebuyer’s primary residence.
• Up to $5,000 from the lender. This is a grant and no repayment is required.
• ZERO closing costs charged to the borrower. Costs will be paid by the lender under this program.
• Interest rates at or below current market rates with no cost to the homeowner to obtain or buy down the offered rate.
• If you decide or are required to escrow for taxes and insurance, the lender may also make the initial deposit into your escrow account that will be used to pay your taxes and insurance. The initial escrow deposit made by the lender is a gift that you do not have to pay back.