Ohio Housing Finance Agency (OHFA)...
First-Time Home Buyer:  Special Program... Special Rate! New Ohio Hereos Program is 0.25% lower than FTHB rate beginning 3/3/08.

This exciting program is successfully helping Ohio families live the dream of owning their first homes.  Our loan officers are available to help you get started!

OHFA's First-Time Homebuyer Program provides borrowers with the flexibility of choosing a mortgage product that best meets their needs by offering lower than market, fixed interest rates on 30-year FHA, VA, USDA Rural Development and conventional mortgages. To help with down payment and closing costs, eligible homebuyers have the option of choosing between a down payment assistance grant in an amount equal to 2% of the home's purchase price, or a second mortgage in an amount up to 4% of the purchase price of the home secured by the first mortgage single family bond loan.

Mortgage Rates

• 6.125% for loans without down payment assistance
• 6.625% for loans with down payment assistance
• 30-year fixed rate FHA/VA/USDA RD/conventional loans
• 2-1 buy downs are permitted
  
  Home Buyer Rates & Fees

Beginning 3/3/08...
 


The  Vets program to be used when the buyer is a Vet and has owned a house in the past 3 years is still in place...