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Homebuyer Programs in Delaware, OH (2026)

Last updated April 8, 2026 | Population: 45,158 | Median home price: $410,000 | Est. closing costs: $8,000 - $12,500

Skyline of Delaware, OH

Delaware is a growing city in central Ohio located about 30 miles north of Columbus, with a population of roughly 45,000 and a median home price around $410,000. While the city does not currently offer its own municipal down payment assistance program, buyers in Delaware can access several strong state-level options through the Ohio Housing Finance Agency, including the OHFA Your Choice! program offering 3% to 3.5% of the purchase price as a forgivable loan and the OHFA Grants for Grads program for recent college graduates. The FHLB Cincinnati Welcome Home Program provides grants of $10,000 to $25,000 depending on buyer profile. Habitat for Humanity of Delaware & Union Counties also serves local families earning 30-80% of area median income with affordable homeownership opportunities. By combining state and nonprofit programs, eligible buyers in Delaware can potentially stack significant assistance toward their home purchase.

Top Homebuyer Programs in Delaware

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 Delaware & Union Counties Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home sold at fair market value with 0% interest mortgage
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. Review income limits for OHFA programs, which vary by household size. Delaware County falls under OHFA's published income guidelines for central Ohio.

  2. Step 2:

    Complete homebuyer education. OHFA requires free HUD-approved homebuyer education for all its programs. Contact a HUD-approved counseling agency in central Ohio to enroll.

  3. Step 3:

    Get pre-approved with an OHFA-approved lender. Visit myohiohome.org to find a participating lender who can walk you through OHFA Your Choice!, Grants for Grads, or Ohio Heroes program options.

  4. Step 4:

    Explore nonprofit options. Contact Habitat for Humanity of Delaware & Union Counties at 740-363-9950 ext. 231 to learn about their homeownership program for families earning 30-80% of area median income.

  5. Step 5:

    Find a home within program guidelines. Work with your lender to ensure the property meets any purchase price or property requirements for your chosen programs.

  6. Step 6:

    Submit your application and close. Your OHFA-approved lender will process the down payment assistance alongside your mortgage. Allow 30-45 days for closing.

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