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Homebuyer Programs in Beavercreek, OH (2026)

Last updated April 8, 2026 | Population: 47,193 | Median home price: $340,000 | Est. closing costs: $7,000 - $10,000

Skyline of Beavercreek, OH

Beavercreek is a city of about 47,200 residents in Greene County, Ohio, located just east of Dayton and adjacent to Wright-Patterson Air Force Base. With a median home price around $340,000, Beavercreek is one of the Dayton metro area's more established communities. The Miami Valley Community Action Partnership provides up to $5,000 in down payment assistance for income-qualifying buyers in Greene County. The Sensible Shelter program through Greene Metropolitan Housing Authority offers affordable homeownership via land contracts with no down payment required. At the state level, the OHFA Your Choice! Down Payment Assistance program offers 3% to 3.5% of the purchase price as a forgivable loan, and the OHFA Ohio Heroes program is particularly relevant given the large military community near Wright-Patterson AFB. Habitat for Humanity of Greater Dayton also serves Greene County. By combining local, state, and federal programs, Beavercreek buyers can access meaningful assistance toward homeownership.

Top Homebuyer Programs in Beavercreek

Miami Valley Community Action Partnership Down Payment Assistance
Type:
Grant
Amount:
Up to $5,000
First-time only:
No
Sensible Shelter Inc. GMHA Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home sales via land contracts with no down payment
First-time only:
No
FHA Loans
Type:
Government-Insured Mortgage
Amount:
Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026)
First-time only:
No
FHLBA Community Partners Product
Type:
Forgivable Loan
Amount:
Up to $20,000 in home purchase assistance for down payment and closing costs
First-time only:
No
FHLBA First Time Homebuyer Product
Type:
Forgivable Loan
Amount:
Up to $17,500 in home purchase assistance for down payment and closing costs
First-time only:
Yes
FHLBA Workforce Housing Plus+
Type:
Forgivable Loan
Amount:
Up to $15,000 in home purchase assistance for down payment and closing costs
First-time only:
No
Good Neighbor Next Door (HUD)
Type:
Government Property Sale Program
Amount:
50% discount off the list price of HUD-owned homes
First-time only:
Yes
Home Possible Mortgage (Freddie Mac)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HomeReady Mortgage (Fannie Mae)
Type:
Government-Guaranteed Mortgage
Amount:
Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment
First-time only:
No
HUD $100 Down Program
Type:
FHA-Financed HUD REO Purchase
Amount:
Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs.
First-time only:
No
USDA Rural Development Loans
Type:
Government-Guaranteed Mortgage
Amount:
100% financing (no down payment required); loan amount up to appraised value
First-time only:
No
VA Loans
Type:
Government-Guaranteed Mortgage
Amount:
No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026)
First-time only:
No
Habitat for Humanity of Greater Dayton Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable mortgage with payments never exceeding 30% of monthly income; homes not sold for profit
First-time only:
No
Communities First Ohio Down Payment Assistance (The Port)
Type:
Grant
Amount:
3%, 4%, or 5% of the purchase price as a grant toward down payment and closing costs
First-time only:
No
FHLB Cincinnati Welcome Home Program
Type:
Grant
Amount:
Grants of $10,000 to $20,000; up to $25,000 for veterans, active-duty military, and surviving spouses
First-time only:
Yes
OHFA Grants for Grads
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate
First-time only:
Yes
OHFA Mortgage Tax Credit
Type:
Tax Credit
Amount:
Federal tax credit of 40% of annual mortgage interest paid, up to $2,000 per year (with OHFA loan). 15-20% with other lenders.
First-time only:
Yes
OHFA Ohio Heroes
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate
First-time only:
Yes
OHFA Your Choice! Down Payment Assistance
Type:
Forgivable Loan
Amount:
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price
First-time only:
Yes

How to Apply

  1. Step 1:

    Check your eligibility. The MVCAP down payment assistance program requires household income at or below 65% of the Area Median Income for Greene County, which is stricter than most programs. OHFA state programs have separate, more generous income limits.

  2. Step 2:

    Complete homebuyer education. Contact Miami Valley Community Action Partnership at 937-376-7747 for counseling services, or the Sensible Shelter program requires education through Ohio State University Extension or Greene County Career Center.

  3. Step 3:

    Contact Miami Valley Community Action Partnership at 937-376-7747 or visit 469 Dayton Ave., Xenia, Ohio 45385. They administer the local down payment assistance program for Greene County.

  4. Step 4:

    Get pre-approved for a mortgage. Work with an OHFA-participating lender to explore state programs like Your Choice! DPA, Ohio Heroes (especially for military and first responder families), or Grants for Grads. Find participating lenders at myohiohome.org.

  5. Step 5:

    Find a home within program guidelines. Ensure the property meets purchase price and location requirements for your chosen programs.

  6. Step 6:

    Submit your application. Your housing counselor will help compile required documentation for all programs you qualify for.

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