Downpayment Assistance

Resources for Ohio homebuyers are available through the Ohio Housing Finance Agency (OHFA). Click here OHFA's Grants for Grads Program. Grants for Grads includes 5% down payment assistance for homebuyers who have received an associate, bachelor's, master's, or doctoral degree within the last 48 months. The assistance can be used toward a down payment, closing costs, and other prepaid expenses incurred prior to closing. An example of the Grants for Grads Program: Purchase Price ---------------------------------- $200,000 FHA Loan ------------------------------------------3.5% down payment requirement 5% Grant for Grads= $10,000 towards a down payment, closing costs and prepaid expenses. Find Homebuyer eligibility information including qualified lenders, credit score requirements, income limits and more at https://myohiohome.org/downpaymentassistance.aspx For any questions about the Grants for Grads Program, please drop us a line!