Ohio Housing Finance Agency
A federal tax credit of up to 40% of annual mortgage interest paid, capped at $2,000 per year, for first-time homebuyers using OHFA programs. This is in addition to the standard IRS mortgage interest deduction. Can be combined with other OHFA products.
On $150,000 mortgage at 6.5%: ~$2,000/year credit
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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