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Homebuyer Programs in Marion, OH (2026)

Last updated April 8, 2026 | Population: 35,531 | Median home price: $170,000 | Est. closing costs: $3,500 - $5,000

Skyline of Marion, OH

Marion is a city in north-central Ohio and the county seat of Marion County, home to approximately 35,531 residents. With a median home price around $170,000, Marion offers some of the most affordable housing in Ohio, making homeownership accessible for many buyers. Marion County offers the HOME Down Payment Assistance Program providing up to $125,000 in assistance for income-eligible first-time buyers purchasing in Marion County. Buckeye Ridge Habitat for Humanity also serves the area with affordable homeownership opportunities. At the state level, the OHFA Your Choice! Down Payment Assistance program provides 3% to 3.5% of the purchase price as a forgivable loan, and the FHLB Cincinnati Welcome Home Program offers grants of $10,000 to $20,000. With Marion's affordable prices and strong program availability, buyers here can often cover most or all of their upfront costs through assistance programs.

Top Homebuyer Programs in Marion

Marion County HOME Down Payment Assistance Program
Type:
Forgivable Loan
Amount:
Down payment and closing cost assistance (exact amount varies; contact county for current limits)
First-time only:
Yes
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 Marion County Homeownership Program
Type:
Zero-Interest Loan
Amount:
Affordable home purchase with below-market mortgage; payments capped at 30% of gross monthly income
First-time only:
Yes
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 Marion County HOME program requires household income at or below 80% of the area median income for Marion County. You must be a first-time homebuyer or not have owned a home in the past three years.

  2. Step 2:

    Complete homebuyer education. The Marion County HOME program requires completion of a HUD-approved homebuyer education course. Buckeye Ridge Habitat for Humanity also offers homebuyer education for adults 18 and older.

  3. Step 3:

    Contact Marion County Community Services to apply for the HOME Down Payment Assistance Program. This program offers significant assistance for qualifying buyers purchasing in Marion County.

  4. Step 4:

    Get pre-approved for a mortgage through an OHFA-approved lender. This ensures you can access state programs like Your Choice! Down Payment Assistance, Grants for Grads, or Ohio Heroes simultaneously.

  5. Step 5:

    Apply for the FHLB Cincinnati Welcome Home Program through a participating member bank or credit union. Grants of up to $20,000 are available on a first-come, first-served basis each year.

  6. Step 6:

    If you are interested in a Habitat home, contact Buckeye Ridge Habitat for Humanity at (740) 383-2007 to learn about their homeownership program and application process.

  7. Step 7:

    Find a home in Marion within program guidelines. The property must be in Marion County for the HOME program. Submit your applications and coordinate timing with your lender.

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