OHFA Homebuyer Program + Down Payment Assistance

About This Program

OHFA provides 30-year fixed-rate mortgages (FHA, VA, USDA, conventional) with down payment assistance of 3% (conventional) or 3.5% (government loans). Assistance is forgiven after 7 years. Must complete homebuyer education.

On a $150,000 home: $4,500-$5,250 in DPA

Key Details

• First-time homebuyers (no ownership in last 3 years)
• Must meet OHFA income and purchase price limits
• Credit score 640+ (conventional) or 650+ (FHA)
• DPA forgiven after 7 years
• Homebuyer education required

How to Apply

Deadline: Ongoing