Down Payment Assistance Made Simple
Dozens of Participating Lenders throughout Ohio
Quick Links
Down Payment Assistance Made Simple
The Port is proud to offer the Communities First - Down Payment Assistance program, providing first mortgage financing and down payment / closing cost assistance grants to eligible homebuyers. The Port created Communities First - Ohio as part of a commitment to increasing homeownership opportunities for residents in Ohio.
Not a Second Mortgage
Because Communities First is a grant, not a loan, there is no second mortgage on your home.
Fewer Restrictions
Additionally, because Communities First is a grant, there are no restrictions on reselling your home or refinancing your mortgage.
Less Paperwork
No paperwork for the lender, no TRID, and no documents to record or a second mortgage to sell to the servicer.
Instant Equity
With a grant, the borrower receives instant equity in their new home.
Based on Borrower Income
Income limits are based only on the borrower, not the household.
Increased Flexibility
3, 4, or 5% Down Payment Assistance options allow homebuyer more flexibility to choose only what they need to keep interest rates low.
Impact of Communities First
through 2022
$836,000,000+Loan Volume
6,200+Homebuyers Assisted
30+Participating Lenders Across Ohio
WHY BECOME A PARTICIPATING LENDER?
Instant Equity
Fewer Restrictions
No Additional Paperwork
Continuous Grant Funds
MASTER SERVICER
PROGRAM ADMINISTRATOR
GRANT PROVIDER