Ohio Your Choice! Down Payment Assistance

Ohio Housing Finance Agency

Available Down Payment

About This Program

Forgivable loan for down payment and closing costs for first-time homebuyers in Ohio. Forgiven at 20% per year over 5 years as long as the home remains the buyer's primary residence. Must be used with OHFA first mortgage loan.

Forgivable loan, forgiven at 20% per year over 5 years

Key Details

  • Up to $7,500 or 2.5% of purchase price
  • First-time homebuyers in Ohio
  • Forgivable over 5 years
  • Must use OHFA first mortgage
  • Available statewide including Elyria

How to Apply

A grant-savvy contractor in Elyria, OH can handle the paperwork, inspections, and timelines so your funding releases on schedule. Getting matched is free.

Deadline: Ongoing program

Need a Contractor for This Grant?

Grant-approved contractors understand the documentation, inspections, and timelines, so your funding releases on schedule.

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