OHFA Loans

shutterstock_73089730What are OHFA loans?The Ohio Housing Finance Agency (OHFA) facilitates the development, rehabilitation and financing of low- to moderate-income housing. The Agency’s programs help first-time homebuyers, renters, senior citizens, and others find quality affordable housing that meets their needs.

OHFA Programs:

OHFA offers affordable housing opportunities for Ohioans including first-time homebuyers, renters, senior citizens, and other populations with special needs who otherwise might not be able to afford quality housing.

First-Time Homebuyer Program

OHFA offers a variety of products under its First-Time Hombuyer Program that can assist Ohioans with purchasing a home.

OHFA’s First-Time Homebuyer program offers several loan products for buyers based on their needs. Products that fall under the First-Time Homebuyer program include:

  • Target Area Loan product
  • Ohio Heroes product
  • Down Payment Assistance (up to 2.5% of the purchase price)
  • Grants for Grads product
  • Mortgage Credit Certificate product
  • 203(ks) Loan product

To learn more about OHFA and the mentioned programs and how you can take advantage of them, contact a Concord Loan Officer today.

Source: www.ohiohome.org