Welcome Home Program

Welcome Home Grant

Thank you for your interest in the Welcome Home Grant. The program has concluded for this year. If you’re still looking for home financing options, U1 is here to help. Contact us to explore other mortgage solutions that fit your needs.

Kickstart your homeownership journey today and make it easier for you to purchase your new home!

U1 can offer a grant available towards your down payment and closing costs with the Welcome Home Program. Welcome Home funds will be available for reservation on a first-come, first-served basis beginning at 8:00 a.m. EST on March 3, 2025 and will remain available until all funds have been reserved. 

Program Features:

• Up to a $20,000.00 grant for closing cost and down payment assistance.*
• You do not have to be a first time home buyer to be eligible.
• Property must be used as primary residence.
• Can be used with other programs: FHA, VA, THDA and USDA/Rural Housing.

Homebuyers that are eligible for the Welcome Home grant must meet certain guidelines:

• Income limits
  • The Federal Home Loan Bank (FHLB) of Cincinnati counties and income list can be found here.
• The property will be the homebuyer's primary residence
• Property is located in an eligible county

For additional information on the Welcome Home Program, visit fhlbcin.com.

Please call U1's Mortgage Team at 800-762-9555 ext. 424 or email mortgageservices@u1cu.org for more personalized information.

You can start the process now by applying for a low rate home loan! NMLS# 652486

Apply

*Funds available for a limited time, promotion offered at Universal 1 Credit Union’s or Federal Home Loan Bank of Cincinnati’s discretion. Limitations may apply. Grants are limited to $25,000 for homebuyers who are honorably discharged veterans, active duty military personnel, reservists or surviving spouses of service personnel and $20,000 for all other homebuyers. Available for qualified applicants on new home purchase loans only. Contact our mortgage number (800.762.9555, ext. 424) for more information.