2010 Welcome Home Loan Program/Grants

Effective March 1, 2010 First Place Bank will have Welcome Home Funds available in the form of $5000 grants to buyers that utilize fha/va, or OHFA financing to be used towards downpayment and/or closing costs.  Buyer must have accepted purchase contract in order to reserve funds.

Buyers must do Homebuyers counseling.

Buyers household must be at or below income guidelines as follows:

Cuyahoga, Lorain, Lake, Geauga  or Medina counties- household with 1-2 max income $51840

Erie county household with 1-2 max income is $50640

Huron & Sandusky counties household with 1-2 max income $49120

Maximum income is derived from all employed household members!

Grants are on a first come first served basis- when the funds are gone they will not be replenished.

Call today for an application or preapproval-440.452.3894, lschneider@fpfc.net or apply 24/7 at www.firstplacebank.com/lizschneider


About lizschneider66

Mortgage consultant with over 19 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news. I am Vice President of the North Coast Building Industry Association, Lorain County Association of Realtors, Working Women Connection and Womens Council of Realtors.
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