Through the First Home, First Loan program, Summit County* will provide a $3 to $1 match to assist eligible first-time home buyers with their down payment and closing costs. A maximum of $14,997 is available as a 0% deferred interest loan (with no monthly payments and secured by a second mortgage on the property).  *Excludes Akron, Barberton and Cuyahoga Falls.

To be eligible, the buyer must have below-to-moderate income, which means an income of 80% or less than the area median income.

Definition: A First-time Home Buyer

• has never owned a home before or
• not owned in the past three years or
• a single parent (an individual) who
  1) is unmarried or legally separated from a spouse or
  2) has custody/joint custody of one or more minor children or
  3) pregnant
• a displaced homemaker (an individual) who
  1) is an adult
  2) has not worked full-time outside of the home for a number of yrs
  3) is unemployed or underemployed