See programs you qualify for
Get Matched Free →By Tyler Thompson · Licensed Real Estate Agent · Updated April 8, 2026
Homebuyer Programs in Toledo, OH (2026)
Toledo is Ohio's fourth-largest city, located in Lucas County along the Maumee River near Lake Erie, with a median home price around $111,000 making it one of the most affordable housing markets in the state. The city's Home at Last program provides up to $12,500 as a grant for first-time homebuyers, with up to $20,000 available in designated revitalization neighborhoods like Englewood, Junction, Old South End, and East Toledo. At the state level, OHFA's Your Choice! Down Payment Assistance adds 3% to 3.5% of the purchase price as a forgivable loan, the Communities First Ohio program offers 3% to 5% as a grant, and the FHLB Cincinnati Welcome Home Program provides grants of $10,000 to $20,000. By combining city and state programs, Toledo homebuyers can potentially stack assistance that exceeds the home's purchase price.
City Programs in Toledo
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Toledo Home at Last Down Payment Assistance Program | Grant | Up to $12,500 as a grant; up to $20,000 in Neighborhood Revitalization Strategy Areas (Englewood, Junction, Old South End, East Toledo) | Yes | View → |
- Type:
- Grant
- Amount:
- Up to $12,500 as a grant; up to $20,000 in Neighborhood Revitalization Strategy Areas (Englewood, Junction, Old South End, East Toledo)
- First-time only:
- Yes
State Programs in Ohio
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Communities First Ohio Down Payment Assistance (The Port) | Grant | 3%, 4%, or 5% of the purchase price as a grant toward down payment and closing costs | No | View → |
| FHLB Cincinnati Welcome Home Program | Grant | Grants of $10,000 to $20,000; up to $25,000 for veterans, active-duty military, and surviving spouses | Yes | View → |
| OHFA Grants for Grads | Forgivable Loan | 3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate | Yes | View → |
| OHFA Mortgage Tax Credit | Tax Credit | Federal tax credit of 40% of annual mortgage interest paid, up to $2,000 per year (with OHFA loan). 15-20% with other lenders. | Yes | View → |
| OHFA Ohio Heroes | Forgivable Loan | 3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price, plus a discounted mortgage interest rate | Yes | View → |
| OHFA Your Choice! Down Payment Assistance | Forgivable Loan | 3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price | Yes | View → |
- Type:
- Grant
- Amount:
- 3%, 4%, or 5% of the purchase price as a grant toward down payment and closing costs
- First-time only:
- No
- 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
- 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
- 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
- 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
- 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
Federal Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| FHA Loans | Government-Insured Mortgage | Up to FHA county loan limits ($541,287 floor to $1,249,125 ceiling for single-family in 2026) | No | View → |
| Good Neighbor Next Door (HUD) | Government Property Sale Program | 50% discount off the list price of HUD-owned homes | Yes | View → |
| Home Possible Mortgage (Freddie Mac) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HomeReady Mortgage (Fannie Mae) | Government-Guaranteed Mortgage | Up to conforming loan limits ($832,750 standard / $1,249,125 high-cost in 2026); 3% minimum down payment | No | View → |
| HUD $100 Down Program | FHA-Financed HUD REO Purchase | Only $100 down payment required (vs. standard 3.5% FHA down payment). HUD may also pay up to 3% of buyer's closing costs. | No | View → |
| USDA Rural Development Loans | Government-Guaranteed Mortgage | 100% financing (no down payment required); loan amount up to appraised value | No | View → |
| VA Loans | Government-Guaranteed Mortgage | No loan limit for veterans with full entitlement (0% down at any price); partial entitlement subject to conforming limits ($832,750 standard in 2026) | No | View → |
- 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
- Type:
- Government Property Sale Program
- Amount:
- 50% discount off the list price of HUD-owned homes
- First-time only:
- Yes
- 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
- 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
- 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
- Type:
- Government-Guaranteed Mortgage
- Amount:
- 100% financing (no down payment required); loan amount up to appraised value
- First-time only:
- No
- 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
Nonprofit Programs
| Program Name | Type | Amount | First-Time Only | Details |
|---|---|---|---|---|
| Maumee Valley Habitat for Humanity Homeownership Program | Zero-Interest Loan | Homes sold with 0% interest mortgages. Mortgage length ranges from 15-30 years depending on house price and family income. | No | View → |
| NeighborWorks Toledo Region Homebuyer Programs | Deferred Loan | Mortgage lending services designed to reduce barriers to homeownership. Also partners with the Toledo Police Next Door program providing $25,000 in DPA for qualifying Toledo Police Officers. | No | View → |
- Type:
- Zero-Interest Loan
- Amount:
- Homes sold with 0% interest mortgages. Mortgage length ranges from 15-30 years depending on house price and family income.
- First-time only:
- No
- Type:
- Deferred Loan
- Amount:
- Mortgage lending services designed to reduce barriers to homeownership. Also partners with the Toledo Police Next Door program providing $25,000 in DPA for qualifying Toledo Police Officers.
- First-time only:
- No
How to Apply
Step 1: Complete homebuyer education first. This is required as the first step for Toledo's Home at Last program. Neighborhood Housing Services of Toledo at (419) 691-2900 or NeighborWorks Toledo Region at the same number offer HUD-approved homebuyer education and counseling in English and Spanish. The Northwest Ohio Development Agency at (419) 243-3734 also provides HUD-certified workshops.
Step 2: Check your eligibility. For Toledo's Home at Last program, your household income must be at or below 80% of HUD Area Median Income. You must not have owned a home in the past 3 years. OHFA state programs have county-specific income limits — visit myohiohome.org to check Lucas County limits.
Step 3: Get pre-approved for a mortgage through a participating lender. Contact an OHFA-approved lender to explore state DPA options, or a Communities First participating lender for the grant program. Find OHFA lenders at myohiohome.org.
Step 4: Find a home within program limits. For Home at Last, the property must be within Toledo city limits and must be a single-family home or condominium that is decent, safe, and sanitary. A lead paint inspection may be required.
Step 5: Your participating lender submits the Home at Last application on your behalf. You must make a minimum $500 contribution, which includes payment of a required home inspection. Applications are processed in 21 days or less.
Step 6: Close on your home. Home at Last assistance is provided as a grant at closing — no repayment required.
Frequently Asked Questions
How much down payment assistance can I get in Toledo?+−
Do I have to be a first-time homebuyer?+−
What is the maximum home price I can pay?+−
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Which Toledo neighborhoods qualify for extra assistance?+−
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