Down Payment Assistance OHFA and more OF

 


Downpayment Assistance

Resources for Ohio homebuyers are available through the Ohio Housing Finance Agency (OHFA). Click here OHFA's Grants for Grads Program. Grants for Grads includes 5% down payment assistance for homebuyers who have received an associate, bachelor's, master's, or doctoral degree within the last 48 months. The assistance can be used toward a down payment, closing costs, and other prepaid expenses incurred prior to closing. 

An example of the Grants for Grads Program

Purchase Price $200,000 

FHA Loan 3.5% down payment requirement 

5% Grant for Grads= $10,000 towards a down payment, closing costs and prepaid expenses. 

Find Homebuyer eligibility information including qualified lenders, credit score requirements, income limits and more information https://myohiohome.org/downpaymentassistance.aspx 

For any questions about the Grants for Grads Program, please drop us a line!

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