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The Ohio Housing Finance Agency can help you open the door to a home of your own through our homebuyer programs. Read about the programs we offer. Then follow the links for more information on each specific program.
First-Time
Homebuyer Program
OHFA's First-Time Homebuyer Program provides borrowers with the flexibility of choosing a mortgage product that best meets their needs by offering competitive, fixed interest rates on 30-year conventional loans and FHA, VA, and USDA Rural Development government mortgages. To help with down payment and closing costs, eligible homebuyers can choose a down payment assistance grant in an amount equal to 3% of the home's purchase price, or a second mortgage in an amount up to 4% of the home’s purchase price.
Ohio Heroes Program
Ohio’s everyday heroes now can receive a lower rate through OHFA's First-Time Homebuyer Program. Ohio Heroes offers a 30-year, fixed-rate mortgage to first-time homebuyers who are active military personnel or military veterans, firefighters or emergency medial technicians-paramedics, healthcare workers, police officers or teachers.
Opportunity Loan Refinance Program
The Opportunity Loan is a refinance program that provides an affordable 30-year, fixed-rate financing alternative to borrowers who have a current mortgage that is no longer suitable for their financial situation.
Information for MCC Holders on Mortgage Refinancing Regulations
The Department of Treasury has released temporary and proposed income tax regulations governing the reissuance of mortgage credit certificates (MCCs) when an MCC related mortgage is refinanced.
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