Buyer Qualifications « The City of Lakewood, Ohio -
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Additional Information


Buyer Qualifications

  • Be able to put down 1½ percent of the purchase price
  • Cannot have owned a home within the last three years (exceptions single parents & displaced homemakers)
  • Meet current federal income guidelines. Income is calculated by including all members of the household over the age of 18.

New Income Guidelines for 2022

Household Size    Max Income

1                              $47,850

2                              $54,650

3                              $61,500

4                              $68,300

5                              $73,800

6                              $79,250

7                              $84,700

8                              $90,200

Please note, income guidelines may change without notice.