Welcome home fund grants will be available beginning with applications on March 1, 2011. These grants are $5000 to be used towards downpayment & closing costs of a buyers single family primary residence. Buyers must have homebuyer counseling, meet program debt to income & credit score requirements, have at least $500 into the transaction, and meet Welcome home income guidelines. Can NOT be used on rehab (fha 203k) loans. Buyers need to have signed, full excecuted accepted purchase contract at the time of loan application.
Funds are available on a first come first served basis.
Call 440.452.3894 for more information.