Forgivable loan
City of Lorain Down Payment Assistance Program
First-time homebuyers · Income limits · Single Family
Down payment assistance · Lorain County
Buying a home in Lorain, OH
1 Lorain program and 7 statewide.Lorain has 1 program of its own, and 7 statewide. Here is what each one offers, what the local market looks like, and who near you can walk you through it.
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Only for Lorain addresses
Lorain’s own program
The Lorain marketThe Lorain housing market
Kinds of homes hereWhat’s for sale here, and what the programs accept
Kinds of homes in Lorain
- 68.9% single-familysingle-family
- 6.7% townhousetownhouse
- 7.7% 2–4 units2–4 units
- 16.2% 5+ unitscondo & apartment buildings (5+ units)
- 0.6% mobile & othermobile home & other
About condos. Lorain’s one local program does not list condos as eligible. City of Lorain Down Payment Assistance Program lists single family.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25024.
When Lorain’s homes were built
pre-19401970s2020+
79.7%
of Lorain homes were built before 1980. Pre-1978 homes come with a federal lead-paint disclosure.of homes were built before 1980. A home built before 1978 comes with a federal lead-paint disclosure, and some programs require an inspection.
U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Table B25034.
$105,000
County area median income, 4 people (HUD)HUD area median income, Lorain County, 4-person household (2026)
$48,685
Lorain median household incomeMedian household income in Lorain (Census, 2024)
11 of the 70 programs here set their income limit as a share of Lorain County’s area median income, adjusted for household size. See the published limits for Lorain County
Free help nearbyFree help near Lorain
3 HUD-approved counseling agencies within 15 miles3 HUD-approved housing counseling agencies within 15 miles
Create a free account to see who’s near you and pick one.A HUD-approved counselor teaches homebuyer classes and can walk you through your options. Create a free account to see who’s near you and pick one.
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Across Ohio and nationwide
69 statewide & federal programs7 statewide programs, plus federal options
Lorain questions
Does Lorain have its own down payment program?
Yes, one: City of Lorain Down Payment Assistance Program, a forgivable loan for first-time homebuyers (forgiven over 5 yrs, income limits). It is for homes inside Lorain.
Can I use assistance on a condo in Lorain?
Lorain’s one local program does not list condos as eligible. City of Lorain Down Payment Assistance Program lists single family. Each program’s page lists the kinds of homes it accepts, and the agency confirms it for the home you choose.
What is the income limit in Lorain County?
Each program sets its own. 11 of the programs here set theirs as a share of HUD’s area median income for Lorain County, adjusted for household size. HUD publishes the median each year; the 2026 figure is shown above and on the published limits page.
Where can I take a homebuyer class near Lorain?
HUD-approved housing counseling agencies teach homebuyer classes, and 3 agencies are within 15 miles of Lorain. Create a free account and take the 90-second match to see the ones near you.
ZIP codes
44052 · 44053 · 44055
Nearby in Lorain
Sources
Sources: agency sites (June–July 2026), Census ACS 2024 5-year, HUD FY2026, HUD counseling list. Hey Prescott is not a lender.Programs: Hey Prescott catalog of 2,000+ programs, each verified with its agency (June–July 2026). Market: U.S. Census Bureau, American Community Survey 2024 5-year (2020–2024). Income: HUD FY2026 income limits. Counselors: HUD list of approved housing counseling agencies. Hey Prescott is not a lender.