become a participating lender 
OHFA's lending partners help more Ohioans become homeowners by offering OHFA's low-cost mortgage programs to qualified buyers. For more information about the benefits of becoming a participating lender, please contact:
Pete Simpson
Lender Liaison
Ohio Housing Finance Agency
57 East Main Street
Columbus, Ohio 43215
614.466.8155
psimpson@ohiohome.org
You may also complete and submit our lender interest form.
Lender Participation Requirements
Participating lenders must be a bank, a savings and loan association or credit union, or a mortgage lender that is:
- Authorized to make mortgage loans in the State of Ohio
- An originator of residential mortgage loans in Ohio for at least one year
- Approved by Fannie Mae or Freddie Mac as a seller/servicer or correspondent, or by FHA as a direct endorsement mortgagee, by VA as an automatic approved lender, or by USDA-RD as an RHS approved lender
- Capable of making representations, warranties, and covenants required by OHFA
These and other requirements are explained in detail in the Mortgage Origination Sales Agreement, which must be signed by both the lender and OHFA.
Compensation and Allowable Fees
Participating lenders will net 2% on each OHFA loan. Lenders may charge and collect usual and customary fees to the extent permitted by FHA, VA, RHS, Fannie Mae, Freddie Mac, or OHFA policies.
Policy on Mortgage Broker Participation
Effective May 1, 2008 and until further notice, OHFA is not accepting applications from mortgage broker companies as new participants in OHFA programs. This policy does not apply to current mortgage broker participants or to sponsored participants.
