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  1. OHFA Board Approves Financing for Ten Developments April 18, 2024. OHFA's Board approved financing from various programs for ten housing developments to create or preserve affordable housing units throughout the state. Two of the projects approved received funding from the new Ohio Low-Income Housing Tax Credit Program.

    • OHFA Mortgage Programs
    • OHFA Ohio Heroes Program
    • OHFA Yourchoice! Down Payment Assistance
    • OHFA Grants For Grads
    • Mortgage Tax Credit

    The Ohio Housing Finance Agency (OHFA) works with mortgage lenders to offer a variety of loans for first-time homebuyers. To qualify: 1. Your income and the purchase price of the home must be within OHFA’s income and purchase price limits, which vary based on where you live. In Franklin County, for example, the income limits for conventional loan p...

    Depending on the type of work you do, you might be able to take advantage of OHFA’s Ohio Heroes homebuyer program, which offers a discount on your mortgage rate. This offering applies to repeat homebuyers as well as first-timers, but it’s especially valuable if you’re just starting to earn paychecks from any of the following jobs: 1. Police officer...

    OHFA’s YourChoice! Down Payment Assistance offers 2.5 percent to 5 percent for a down payment, closing costsor other expenses. Borrowers don’t have to repay the funds provided they do not sell or refinance the property for seven years.

    You might be staring down some student loan debt, but OHFA’s Grants for Grads program can make owning a home a more manageable expense. This program is for first-time homebuyers who have completed an associate’s, bachelor’s, master’s, doctorate or other post-graduate degree within the last four years, and offers forgivable down payment assistance w...

    After you buy your first home, OHFA’s Mortgage Tax Credit program can play a role when it’s time to file your taxes. The IRS already allows you to deduct some of your mortgage interestif you itemize, and this program can help you lower your tax bill even more. There are two options: 1. Mortgage Tax Credit Plus – If you obtain a loan through OHFA’s ...

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  3. Today’s mortgage rates in Ohio are 6.695% for a 30-year fixed, 6.205% for a 15-year fixed, and 7.715% for a 5-year adjustable-rate mortgage (ARM).

  4. Oct 16, 2018 · 10.16.2018. Property Assessed Clean Energy (PACE) financing is a dynamic and rapidly growing mechanism to finance energy efficiency and renewable energy projects in Ohio. Through PACE, special assessments are used to repay and secure upfront funding for improvements that save or generate energy. PACE financing leverages the security of special ...

  5. Imagery. 57 E. Main St., Columbus, Ohio 43215. Get Directions. Phone: (614) 466-7970. Ohio Relay Service: 711. The Ohio Housing Finance Agency is the state’s affordable housing leader.

  6. Compare OH mortgage rates by loan type. The table below is updated daily with Ohio mortgage rates for the most common types of home loans. Compare week-over-week changes to mortgage rates and APRs in Ohio. The APR includes both the interest rate and lender fees for a more realistic value comparison.

  7. PACE financing is a program with great benefits, made just for investments in energy efficiency upgrades to commercial properties in Ohio. Call Us: 614-227-4888.

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