The Lakewood HOME Program provides one of the best mortgage financing packages available to qualified first time homebuyers interested in purchasing a Lakewood home. Assistance, which comes in the form of a 0% interest, no monthly payment second mortgage is used to assist with both down payment and closing costs.
In order to participate in the program, you must complete a few orientation exercises and complete a survey. After completing the survey, the City of Lakewood will email you a certificate of completion, which can be taken to any of our participating lenders to begin the process. (Receiving a certificate of completion does not guarantee funding or eligibility into the program).
This training course teaches you about the hazards of lead paint, the causes of paint deterioration, how to identify where lead paint may be in the home, and more. At the end of the training you will be prompted to print a confirmation that you have completed the course. Please save as a PDF and email to dcd@lakewoodoh.gov.
View the short video below, which goes over the process of completing the first-time homebuyer program. Be sure to pay attention; the video covers important details about what to look for in a home, the income qualifications, and how down payment assistance is structured.
After watching the video, please complete the quiz located below. This quiz will help reinforce items in the program orientation and most importantly let’s know you that understand the mechanics of the program.
Password: buylakewood
To qualify for the HOME Program, a buyer must:
| Household Size | Max Income |
|---|---|
| 1 | $58,800 |
| 2 | $67,200 |
| 3 | $75,600 |
| 4 | $84,000 |
| 5 | $90,750 |
| 6 | $97,450 |
| 7 | $104,200 |
| 8 | $110,900 |
Note that income guidelines may change without notice.
