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Policy on Mortgage Broker Company Participation
Effective May 1, 2008, and until further notice, the Ohio Housing Finance Agency will not be accepting new applications from Mortgage Broker companies to participate in OHFA programs as correspondent participants to US Bank Home Mortgage (OHFA's Master Servicer). Under this definition, correspondent participants are Mortgage Broker companies that rely on US Bank Home Mortgage to perform underwriting and/or funding services for OHFA loan products.
This policy only applies to new Broker Company applicants. Any current Mortgage Broker company participant approved prior to May 1, 2008 is not affected. Also, this policy does not apply to sponsored participants. A sponsored participant is a correspondent of a qualified OHFA primary lender such as a depository bank, mortgage bank, savings and loan, or credit union.
Welcome to OHFA's internet site for mortgage lenders,
a comprehensive resource for participating lenders as well as lenders
seeking information about assisting low- and moderate-income Ohioans
in realizing their dream of owning a home through OHFA's
Homebuyer Programs.
Through OHFA's password protected electronic
reservation system, participating lenders can enter loan reservations,
access loan information, download program forms, and view lender
updates and special program announcements online.
Interested in becoming an OHFA partner? OHFA offers email
registration that allows lenders to receive more information
about the benefits of becoming a participating lender in our Homebuyer Programs and to receive program announcements online.
Listed below are links that will direct you to program
information and files for downloading in Adobe PDF file format.
The files must be viewed with Adobe Reader. If you do not have Adobe
Reader, a free version can be downloaded from Adobe's
web site.
Our Homeownership staff is available to speak with
groups about OHFA's programs. For more information, contact Cindy Flaherty, Director of Homeownership, at (614) 466-6886.
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Homebuyer Programs
Find descriptions and links to the homebuyer programs offered by OHFA. |
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Rates/Fees/Requirements
Summary of the current program's rates, fees and eligibility requirements. |
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Program
Limits and Lenders
County map providing current income limits, sales price limits
and a list of participating lenders by county. |
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Target
Areas
Download an Adobe PDF file listing Ohio's target areas. |
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Sales
Price Limits
Download an Adobe PDF file listing Ohio's maximum sales price
limits for the First-Time Homebuyer Program. |
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Income
Limits
Download an Adobe PDF file listing Ohio's maximum family income
limits for the First-Time Homebuyer Program. |
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Email
Registration
Add your name to our email database to receive information about
becoming an OHFA participating lender and to receive program
announcements online. |
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Lender
Online
Reserve loans online with OHFA's electronic reservation system
and download program forms.
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