WELCOME HOME PROGRAM 2025

$20,000 Welcome Home Grant Available At DFCU

Dynamic Federal Credit Union is proud to participate in the Federal Home Loan Bank of Cincinnati's Welcome Home Program, offering grants of up to $20,000 to assist eligible homebuyers with down payments and closing costs.

Why Choose Dynamic FCU For Your Welcome Home Grant?

Unlike some financial institutions that may offer only partial grant amounts, Dynamic FCU is committed to providing our members with the full advantage of the $20,000 grant, ensuring you receive the maximum benefit available.

When Does The Program Open?

Grant applications can be submitted starting March 3rd, 2025. Grants are distributed on a first-come, first-served basis, so early application is highly encouraged. Potential applicants may begin speaking with a Dynamic FCU Loan Officer today. We will coordinate your Welcome Home Application ensuring you meet the programs requirements and deadlines.

Who Are Eligible Homebuyers?

A homebuyer would be eligible for the Welcome Home Grant if all of the following guidelines are met:

• The total income for all occupants who will reside in the home is at or below 80 percent of the Mortgage Revenue Bond (MRB) limit for the county and state where the property is located. See chart for income limits for counties in the Dynamic FCU area.
  
• A fully executed (signed by buyer and seller) purchase contract on an eligible property is in hand
  
• The homebuyer has at least $500 of their own funds to contribute towards down payment and/or closing costs
  
• If a first-time homebuyer (typically anyone who has not owned a home in the last three years), a satisfactory homebuyer counseling course is completed prior to the loan closing. Note: Applicants do not have to be first-time homebuyers.
  

Income Limits For Area Counties

What Is An Eligible Property?

A property would be eligible if all of the following guidelines are met:

• The property will be the homebuyer’s primary residence.
• The property is a single family, townhome, condominium, duplex, multi-unit (up to four family units) or a qualified manufactured home. (Manufactured homes may be eligible if they are taxed as real estate and affixed to a permanent foundation).
• The property is subject to a legally enforceable five-year retention mechanism, included in the Deed or as a Declaration of Restrictive Covenants to the Deed, requiring the FHLB Cincinnati be given notice of any refinancing, sale, foreclosure, deed in-lieu of foreclosure, or change in ownership during the five-year retention period.

At Dynamic Federal Credit Union, we are dedicated to making your dream of homeownership a reality. Our knowledgeable mortgage advisors are here to guide you through every step of the process, ensuring a smooth and rewarding experience.

Don't miss this opportunity to maximize your home buying potential with the full $20,000 Welcome Home grant.

Subject to program funds availability, qualifications, and credit approval. Terms and conditions apply.

Make Your Homeownership Journey Simple

Whether you're buying your starter home or upgrading to your dream home, a mortgage from Dynamic Federal Credit Union makes the process smooth and stress-free.

What makes us different? Our loan advisors live right here in Mercer County, Ohio, which means your mortgage decisions are made locally by people who know you and your community—not by a distant corporate office. With personalized service from trusted experts, we’re here to help you every step of the way.

Ready to Get Started?

Contact one of our knowledgeable mortgage lending officers today to:

• Begin the purchase of your new home.
• Refinance your existing mortgage for better terms or rates.

At Dynamic Federal Credit Union, we make buying a home easier than ever. Let’s turn your dream of homeownership into a reality!

Meet Our Mortgage Experts