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OHFA Down Payment Assistance


Is OHFA Homebuyer Downpayment Assistance right for me?

Interested in buying a home? We make it possible with OHFA Homebuyer Downpayment Assistance.

If you’re in the market to purchase a home and need help with a down payment and closing costs, the Ohio Housing Finance Agency (OHFA) can help. OHFA offers 30 year, fixed-rate conventional, FHA, VA and USDA-RD government loans with generous income and purchase price limits, designed especially for homebuyers with low and moderate incomes.

  • Allows the homebuyer to choose either 2.5% or 5% assistance
  • Assistance can be applied towards down payment, closing costs or other pre-closing expenses
  • Assistance is forgiven after 7 years
  • Income and purchase price limits apply per county
  • Must be a first-time homebuyer, which by definition is buying your first home or have not had ownership interest in a property in the last three years
  • Conventional, FHA, VA and USDA-RD programs available
You may be eligible for OHFA Homebuyer Downpayment Assistance if
  • You are purchasing a home in Ohio
  • The home will be used as your primary residence
  • Your income and purchase price are under the county limits
  • You meet credit score requirements
  • You are a first-time homebuyer
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Your Path To Closing


application icon puchase icon spinner icon underwriting icon clear to close icon spinner icon

* Each mortgage is separate and unique. Some steps might differ based on your loan product and scenario

Your Path To Closing

app icon purchase image processing image underwriting image clear to close image closing image

* Each mortgage is separate and unique. Some steps might differ based on your loan product and scenario

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