First-Time Homebuyers Program (City of Lakewood, OH)
City of Lakewood Division of Community Development · City of Lakewood, Ohio
At a glance: Up to $10,000 for a condo or single-family home; up to $14,000 for a two-family home, deferred loan (no payments until you sell, refinance or pay off). First-time buyer: Required. Checked against the official page on Nov 3, 2026.
| Assistance type | Deferred loan — No payments until you sell, refinance or pay off |
|---|---|
| Amount | Up to $10,000 for a condo or single-family home; up to $14,000 for a two-family home |
| Income limit | $84,000 for a household of 4 (2026) |
| Purchase price limit | $219,000 for a condo or single-family home; $280,000 for a two-family |
| First-time buyer rule | Required |
| Status | Offered |
| Status note | Not verified on the official page — check the source |
| Details | 0% interest, no monthly payment second mortgage, repaid when the property is sold. |
| Official source | https://lakewoodoh.gov/planning-and-development/division-of-community-development/first-ti (opens in new tab) |
| Last checked | Nov 3, 2026 (automated fetch) |
Go to the official program page ↗ Report a correction
Other Ohio programs
- Down Payment Assistance Program — Up to 10% of the purchase price (or up to $20,900)
- First Home First Loan — 3:1 match up to $12,000
- OHFA Down Payment Assistance — 3% (conventional) or 3.5% (FHA, VA, USDA)
← All Ohio programs · Check eligibility · Compare with other programs
Common questions
How much is First-Time Homebuyers Program?
Up to $10,000 for a condo or single-family home; up to $14,000 for a two-family home (per the official page, checked Nov 3, 2026).
Is First-Time Homebuyers Program a grant or a loan?
Deferred loan: no payments until you sell, refinance or pay off.
Do I have to be a first-time homebuyer for First-Time Homebuyers Program?
Required.
What is the income limit for First-Time Homebuyers Program?
$84,000 for a household of 4 (2026).
How does First-Time Homebuyers Program work?
0% interest, no monthly payment second mortgage, repaid when the property is sold.
Is First-Time Homebuyers Program still available in 2026?
The official page listed it as offered when we last checked on Nov 3, 2026. Funding can change, so confirm with the administrator.
Who runs First-Time Homebuyers Program?
City of Lakewood Division of Community Development, City of Lakewood, Ohio. Apply through the program or one of its participating lenders.
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