Down Payment Assistance

Pathfinder HomeOwnership Center and the City of Fort Wayne, Office of Housing & Neighborhood Services have partnered to offer a 5-year forgivable loan of up to $8,000 for down payment and closing cost assistance to qualified applicants under 80% AMI.

Applicant Requirements

  • 1st time homebuyer and complete an 8 hour in person or online Homebuyer Education class
  • Purchasing a primary residence
  • Pre-Approved for a fixed rate, fixed term first mortagage
  • Must contribute minimum of $1,000 toward purchase
  • Must have cash reserves greater than or equal to one month of proposed mortgage payment
  • Must not have received an OHNS loan or grant within the past 10 years.

Property Requirements

  • Located within Fort Wayne city limits
  • Purchase price less than or equal to $124,000
  • Single family or single condominium dwelling on fixed foundation
  • Must pass the UMSI inspection
  • Property must pass environmental review

Transaction Requirements

  • Purchase agreement must include city approved Environmental Review Addendum & Voluntary Sales Disclosure
  • Applicant cannot receive cash at closing

To learn more, contact Sandy Ayers at:
e: [email protected]
p: 260-312-1475

Income Limits