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Down Payment Assistance | Ohio Housing Finance Agency

2600 Corporate Exchange Drive, Suite 300, Columbus, OH 43231

Eligibility

You may qualify for down payment if: - you have not owned or had an ownership interest in your primary residence in the last three years - your credit score is 640 or higher - you meet income and purchase price limits. Qualified buyers are required to complete free homebuyer education. Information on OHFA’s streamlined education program is available on our website or you may complete a course offered by any U.S. Department of Housing and Urban Development (HUD) approved counseling agency in Ohio.

Required documents

Hours

Mon-Fri 8am-5pm.
https://ohiohome.org

Application process

OHFA works with lenders, credit unions and mortgage companies across the state. Visit our website to find an OHFA-approved lender in your area, along with tips to help you with the application process. Or call us toll-free at 888-362-6432.

Service area

Guernsey County, Ohio
Licking County, Ohio
Pickaway County, Ohio
Marion County, Ohio
Monroe County, Ohio
Crawford County, Ohio
Noble County, Ohio
Wyandot County, Ohio
Athens County, Ohio
Coshocton County, Ohio
Washington County, Ohio
Knox County, Ohio

Description

The Ohio Housing Finance Agency offers down payment assistance, career-related interest rate discounts and other loan products to make buying a home or condo easier. Over the last year, the Agency has seen a drastic increase in volume for its homebuyer assistance programs. To ensure the Agency's ability to provide Ohio homebuyers with discounted mortgage rates and down payment assistance, adjustments will be made to the homebuyer assistance programs. Effective with reservations on or after July 1, 2025, OHFA's down payment assistance will change to 3% for Conventional loans and 3.5% for Government loans (FHA, VA, USDA). The Agency will also begin using target and non-target income limits for all first-time homebuyer programs as are currently used in the Mortgage Tax Credit program.

Data provided by

211 Pathways

Providing organization

Ohio Housing Finance Agency

Offers affordable housing opportunities for Ohioans from rental assistance to homeownership. Provides access to financial resources for the development and management of quality, affordable housing. The OHFA's programs serve first-time home buyers, renters, senior citizens and other populations with special needs who otherwise might not be able to afford quality housing.