OHFA Homebuyer Program + Down Payment Assistance

Ohio Housing Finance Agency

Open Home Repair

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

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