Welcome Home Program

Welcome Home Grant

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.