Ohio First-Time Home Buyer Programs of 2018
Have you ever dreamed about ditching that rental and buying a home for the first time but wonder if that’s even possible? Did you know the state of Ohio partners with banks and credit unions to offer special mortgage options for first time home buyers?
From the nerdwallet article linked: “The Ohio Housing Finance Agency, or OHFA, helps low- and moderate-income borrowers get 30-year, fixed-rate conventional, Federal Housing Administration, Veterans Affairs and U.S. Department of Agriculture Rural Development mortgages with relaxed income and purchase price limits.”
“OHFA also has a number of programs that assist first-time buyers and others buying a home. Benefits include lower mortgage rates, down payment assistance, tax credits and combined financing for buying and renovating a home. Besides basic eligibility rules, each program may have additional requirements.”
Check out the article to see the highlights of the programs as well as the eligibility requirements. And feel free to reach out to me at dkennedy@fidlitylandtitle.com if you would like me to get you in contact with some great loan officers and licensed realtors in the area that can help you make that dream of home ownership a reality.
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– Dave