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HOMEBUERS YOU MAY QUALIFY FOR UP TO A $5,000 DOWN PAYMENT GRANT

Sponsored by The Peoples Bank Co. and the Federal Home Loan Bank of Cincinnati - Limited time offer

Some restrictions do apply

HOUSEHOLD INCOME LIMITS

The total income for all occupants must be at or below 80% of the Mortgage Revenue Bond limit for the county and state where the property is located. Figures below are to be used for estimate purposes only.  The bank will calculate income based on documents requested at the time of application.  Composition of household includes all persons residing in the home, regardless of age or income.

1-2 PERSON HOUSEHOLD

$58,560 AUGLAIZE COUNTY
$56,720 DARKE & VAN WERT COUNTIES
$58,480 MERCER COUNTY

3+ PERSON HOUSEHOLD

$67,344 AUGLAIZE COUNTY
$65,228 DARKE & VAN WERT COUNTIES
$67,252 MERCER COUNTY

Home buyers must contribute at least $2,500 of their own funds towards down payment and/or closing costs.

For homebuyers who are honorably discharged veterans, active duty military personnel, reservists, or surviving spouses of service personnel an additional $2,500 in grant funds is available. 

All funds are reserved for specific homebuyers purchasing specific homes and cannot be transferred to other homebuyers or to other homes.