The Fifth Third Home Owners’ Loan Assistance Program
The Fifth Third Home Owners’ Loan Program is made possible through Fifth Third Foundation’s Strengthening Our Communities (SOC) Fund grants. The Fund awards grants to designated, nonprofit programs that support homeownership, affordable housing, small business micro-lending and technical assistance, and financial empowerment programs with a focus on workforce development. The Louisville Affordable Housing Trust Fund received a $75,000.00 grant from the foundation allowing us to empower clients on an individual basis and strengthen our entire community. The Louisville Affordable Housing Trust Fund will use these funds to provide very low-interest loans to low-income homeowners to make critical home repairs.
Who is eligible?
If you live in zip codes 40203, 40210, 40211, 40212, 40218 or 40219, you may be eligible.
Additional eligibility criteria include:
| Number of Persons in the Family | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 |
| Household Income Limit |
40,050 | 45,800 | 51,500 | 57,200 | 61,800 | 66,400 | 70,950 | 75,500 |
- Household income must be less than <80% AMI. If your income falls under the maximum incomes in the chart below, you pass the income test!
- 580 Credit Score required. Other credit criteria may apply.
- Only one (1) mortgage lienholder allowed at the time of application.
- Must be able to support a $50 monthly payment.
Applicants also will be required to attend one (1) hour of credit counseling to develop a budget, learn their credit score and develop an Individual Financial Plan. Applicants also will be charged a $25 application fee to apply. All other fees will be paid from loan proceeds.
Download Program Brochure | Download Loan Application
About The Fifth Third Foundation
Established in 1948, the Fifth Third Foundation was the first philanthropic foundation established by a financial institution. The Fifth Third Foundation supports worthwhile organizations in the areas of education, health and human services, community development and the arts.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio. As of Dec. 31, 2017, the Company had $142 billion in assets and operated 1,154 full-service Banking Centers and 2,469 ATMs with Fifth Third branding in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia and North Carolina. In total, Fifth Third provides its customers with access to more than 54,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of Dec. 31, 2017, had $362 billion in assets under care, of which it managed $37 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at www.53.com. Fifth Third’s common stock is traded on the Nasdaq® Global Select Market under the symbol “FITB.” Fifth Third Bank was established in 1858. Member FDIC.
