Residential Lending

  • Homeownership
Notice: The links on this page will direct you towards our home buyer website located at

Ready to open the door to a home of your own? The Ohio Housing Finance Agency's (OHFA) homeownership products can help. Thousands of low- and moderate-income Ohioans have purchased homes of their own thanks to OHFA. The competitive interest rates and mortgage options on our 30-year, fixed-rate mortgage loans make it affordable for qualifying buyers to realize the dream of homeownership. Whether you are a first-time homebuyer or looking to purchase your next home, OHFA can help.

OHFA offers several affordable loan options to help you achieve your dream of homeownership. OHFA offers 30-year, fixed rate FHA, VA, USDA-RD and conventional mortgage loans designed especially for homebuyers with low- and moderate-incomes with generous income and purchase price limits.

How Do I Apply for an OHFA Loan?

OHFA loans do not come directly from OHFA. We work with lenders, credit unions and mortgage companies across the state to offer loans to qualified borrowers. Find an OHFA-approved lender in your area, along with tips to help you with the application process, or call us toll-free at 888.362.6432.

Credit Score Requirements

Loan Type:
Conventional, USDA and VA Loans: 640 or higher
FHA Loans: 650 or higher

For advice on improving your credit score, please contact a HUD-approved counseling agency in Ohio.

Debt to Income Ratios

Homebuyers must meet debt to income ratios for their loan type.

Income and Purchase Price Limits

Income and purchase price limits vary by Ohio county. View the income and purchase price limits in your area.

Am I Eligible?

You may qualify for an OHFA homebuyer program if you meet one of the criteria listed below:

  • You have not had an ownership interest in your primary residence in the last three years.
  • You are an honorably discharged veteran.
  • You choose to purchase a home in a target area.

If you are not a first-time homebuyer, click here for more information about the Next Home program.

Please view a complete list of eligibility criteria.

Which OHFA Loans are Right for Me?

Buyers can add one or more of the following options to an OHFA FHA, VA, USDA-RD or conventional mortgage loan:

Homebuyer Education

Qualified buyers are required to complete free homebuyer education. OHFA's streamlined education program also allows you to complete a course offered by any U.S. Department of Housing and Urban Development (HUD)-approved counseling agency in Ohio. OHFA homebuyer education is not completed until after the homebuyer submits their loan application with their loan officer. Homebuyer Education is not required for borrowers who are only registered for our MTC Basic program.

Equal Housing OpportunityThe Ohio Housing Finance Agency is an Equal Opportunity Housing entity. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry.