OHFA Grants for Grads

Ohio Housing Finance Agency

Open Home Repair

About This Program

OHFA program providing discounted mortgage rates and 2.5% or 5% down payment assistance to recent college graduates. DPA forgiven after 5 years if borrower remains in Ohio. Must have graduated within 48 months from an accredited institution.

On $150K home: $3,750-$7,500 in DPA forgiven after 5 years in Ohio

Key Details

  • 2.5% or 5% down payment assistance for recent grads
  • Forgiven after 5 years if you stay in Ohio
  • Must have graduated within 48 months
  • Discounted mortgage interest rate included
  • Minimum credit score of 640 required

How to Apply

Deadline: Ongoing, must have graduated within 48 months

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