OHFA Homebuyer Program with Down Payment Assistance

About This Program

30-year fixed-rate FHA, VA, USDA, or conventional mortgage with down payment assistance (DPA). Effective July 1, 2025: 3% DPA for conventional loans, 3.5% DPA for government loans, forgiven after 7 years. For low-to-moderate income first-time homebuyers. Income and purchase price limits apply by county. Minimum credit score 640 (conventional) or 650 (FHA).

First-time homebuyer; income/purchase limits by county

Key Details

• Down payment assistance: 3% (conventional) or 3.5% (FHA/VA/USDA)
• DPA forgiven after 7 years; repay only if you sell sooner
• 30-year fixed-rate mortgage through OHFA-approved lenders
• Credit score: 640+ (conventional/USDA/VA) or 650+ (FHA)
• Find lenders at myohiohome.org or call 888-362-6432

How to Apply

Deadline: Year-round through OHFA-participating lenders