For homebuyers with income below $65,200, Republic Bank offers down payment assistance

Republic Bank is offering down payment assistance for homebuyers on a first-come, first-served basis, with up to $6,000 awarded to each beneficiary who qualifies.

The program includes a total of $500,000 available to the public, and the bank plans to continue the offering until all funds are distributed.

“It’s a no-cost loan that’s repayable after 20 years,” said Juan Montano, director of mortgage banking.

“It is designed to help low to middle income families buy a home. Republic Bank is committed to strengthening the communities we are part of by offering banking products and services that can make people’s lives easier.

Down payment assistance is part of Republic Bank’s commitment to help Cincinnati and Northern Kentucky create more equitable and affordable housing. It is also an embodiment of the bank’s ongoing commitment to providing the financial services that help people achieve their goals.

This community-based, customer-centric approach to banking is one of the reasons Republic Bank was named one of America’s Best Banks of 2022 by Newsweek.

Once someone’s application is approved, the funds can be used for down payments, closing costs, or prepaid expenses such as insurance or property taxes.

All Kentucky residents in Kenton and Boone counties and all Ohio residents in Butler and Hamilton counties earning an annual salary of less than $65,520 are encouraged to apply for the Installment Assistance Program.

Applications can be completed online at or by phone at 866-938-3671.

Questions about the program can be sent to Kenneth Webb at [email protected]

About Matthew R. Dailey

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