Bootcamp For Buyers

First Time Homebuyer Programs in Ohio

Ohio offers a variety of programs through the Ohio Housing Finance Agency (OHFA) to assist first-time homebuyers. These programs provide financial assistance, competitive mortgage options, and resources tailored for new buyers.

Your Choice! Down Payment Assistance Program

The Your Choice! Down Payment Assistance Program helps buyers with upfront costs.

  • Provides up to 5% of the home’s purchase price for down payment and closing costs.
  • Assistance is forgiven after seven years of homeownership.
  • Must be used with an OHFA first mortgage product.

OHFA First-Time Homebuyer Program

This program offers affordable fixed-rate loans for first-time buyers.

  • Features 30-year fixed-rate mortgages with competitive interest rates.
  • Available for FHA, VA, USDA, and conventional loans.
  • Income and purchase price limits apply based on location and household size.

Grants for Grads Program

The Grants for Grads Program provides financial incentives for recent graduates purchasing their first home.

  • Offers down payment assistance up to 5% of the purchase price.
  • Available to those who graduated within the last 48 months from an accredited institution.
  • Includes competitive mortgage rates for eligible buyers.

Ohio’s first-time homebuyer programs are designed to make homeownership more accessible and affordable. Explore these options to find the right fit for your needs and take the first step toward owning your dream home in the Buckeye State.