You can get a discounted mortgage interest rate on an Ohio home, and can add down payment assistance that is forgiven after seven years. If you sell or refinance within those seven years you repay all of the assistance. The property has to be within two acres inside a municipal corporation or five acres outside one, unless local health or safety code requires more, and can be an existing single family home, conforming condominium, duplex or up to four-unit property, a new or nearly completed one-unit home, a one-unit modular home, or a manufactured home.
Use the OHFA eligibility questionnaire to check that you qualify, then contact an OHFA participating lender or call 888-362-6432 to start the loan.
Your DD214, military ID or the veteran’s documentation if you are a surviving spouse, plus your income documentation, credit report and a certificate showing you completed OHFA homebuyer education or a HUD-approved counseling course in Ohio.
