OHFA Mortgage Tax Credit (MTC)

Ohio Housing Finance Agency (OHFA)

Available Home Repair

About This Program

Federal Mortgage Credit Certificate providing annual tax credit on mortgage interest. MTC Plus: 40% credit, up to $2,000/year, can combine with OHFA DPA (slightly higher rate). MTC Basic: 20% credit in target areas / 15% elsewhere, no credit score requirement. First-time homebuyer required (not owned primary residence in 3 years). Non-refundable; requires tax liability.

First-time homebuyer; income/purchase limits

Key Details

  • MTC Plus: 40% credit on mortgage interest, up to $2,000/year
  • MTC Basic: 15-20% credit, no credit score requirement
  • Non-refundable, must have tax liability to benefit
  • Can combine with OHFA Down Payment Assistance (MTC Plus)
  • Find lenders at myohiohome.org | 888-362-6432

How to Apply

Visit Official Program Page Track this program

888-362-6432

Deadline: Year-round through OHFA-approved lenders

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