First Home Lima Down Payment Assistance Application
This file contains the application for the First Home Lima Down Payment Assistance program. It provides instructions and requirements for first-time homebuyers in Lima. Applicants can find all necessary steps to complete their applications efficiently.
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How do I fill this out?
To fill out the application, begin by reviewing all instructions carefully. Ensure that every question is answered completely and attach the required documentation. After completing the application, review it for accuracy before submission.

How to fill out the First Home Lima Down Payment Assistance Application?
1
Read all instructions and requirements carefully.
2
Complete each section of the application with accurate information.
3
Gather and attach all required documentation.
4
Review the entire application for completeness.
5
Submit the application as instructed.
Who needs the First Home Lima Down Payment Assistance Application?
1
First-time homebuyers seeking financial assistance.
2
Low-income households looking to purchase a home.
3
Individuals with unstable housing situations needing support.
4
Those who need guidance on homeownership resources.
5
Families looking to secure funds for down payment and closing costs.
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What are the instructions for submitting this form?
To submit your completed application, send it via US Postal Service to New Lima - Housing For The Future at 1003 West Spring Street, Lima, OH 45805, or deliver it in person. If you choose to drop it off, ensure to leave it in the envelope provided at the drop slot next to the garage door. For the fastest response, double-check that all sections are filled out correctly and all required documents are attached.
What are the important dates for this form in 2024 and 2025?
For 2024 and 2025, significant dates for the First Home Lima application process include program application deadlines, homeownership training sessions, and assistance fund availability periods. Ensure to check the specific dates as they become available to maximize your opportunity for assistance.

What is the purpose of this form?
The purpose of the First Home Lima Down Payment Assistance Application is to provide eligible low-income households access to financial assistance for homeownership. By completing this form, potential buyers can secure funds needed for down payments and closing costs. This program is vital for helping first-time buyers overcome financial barriers to achieve their dream of owning a home.

Tell me about this form and its components and fields line-by-line.

- 1. Applicant Information: Personal details of the applicants, including names, addresses, and contact information.
- 2. Co-Applicant Information: Details about any household members involved in the application process.
- 3. Income and Employment: Information regarding the applicant's income, sources of employment, and pay stubs.
- 4. Required Documentation: A checklist for applicants to gather necessary documents for verification.
- 5. Signature: A section for applicants to sign and date the application.
What happens if I fail to submit this form?
Failing to submit this form correctly can result in delays and potential disqualification from the assistance program. Incomplete applications will be returned for resubmission, which prolongs the process and creates frustration.
- Incomplete Information: Leaving questions unanswered can cause application processing delays.
- Missing Documentation: Not attaching required documents may lead to immediate rejection of the application.
- Incorrect Signatures: Failure to sign the application can result in it being deemed invalid.
How do I know when to use this form?

- 1. Buying a First Home: Use this application when you are ready to purchase your first home with assistance.
- 2. Requesting Down Payment Support: This form is essential for requesting funds for down payments and closing costs.
- 3. Participating in Homeownership Classes: Utilize this form to engage in required training programs associated with the assistance.
Frequently Asked Questions
How do I access the First Home Lima application?
You can access the application directly through PrintFriendly where you can view, edit, and download the PDF.
What documents do I need to attach?
Make sure to attach your lender pre-approval letter and any required income or identification documentation.
Can I fill out the application online?
Yes, you can use PrintFriendly to fill out and edit the application before downloading it.
What if I make a mistake on the application?
You can easily edit the PDF on PrintFriendly to correct any mistakes before submitting it.
How do I submit my completed application?
Submit your completed application either via US Postal Service or in person to the designated office.
Is there a contact number for questions?
For any questions about the application, call (419) 224-9881 for assistance.
What is the average processing time for the application?
Average processing times are typically around 3 weeks, depending on the accuracy of the information.
Do I need to repay the assistance?
If you live in the home for five years, you will not need to repay the down payment assistance.
Where can I find the required documentation checklist?
The checklist is included within the application document to guide you on what to attach.
Can I contact someone for help with my application?
Yes, you can reach out to the New Lima office for assistance during business hours.
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