Attention - First Time Buyers

Current OHFA Information                

New Rate (Effective 11/21/08 12:01 AM)
Current OHFA Information
7.000% 30 Year Fixed Rate **
6.750% for "Ohio Hero's"***
***Active Military Personnel or Military Veterans - Firefighters or Emergency Medial Technicians-Paramedics
Healthcare workers - Police Officers - Teachers
(Call for additional Requirements)
Cuyahoga, Lorain, Medina, Geauga and Lake Counties

NONTARGET AREAS

TARGET AREAS

Income Limits
1 or 2 person family: $62,100
3 or more person family: $71,415

Income Limits
 1 or 2 person family: $74,520
3 or more person family: $86,940

Sales Price Limits
 New Construction or Existing
 New Limit: $261,717

Sales Price Limits
 New Construction or Existing
 New Limit: $319,877

Down Payment Assistance Is Available.

Loans will be available on a first-come, first-served basis regardless of race, color, ancestry,
national origin, religion, sex or physical handicap.
FHA, VA Loan Limits may apply

Estimate your payment using $6.65 Per 1,000 Borrowed
** APR Based upon purchase price of $150,000.00 7.16% APR is based upon a VA purchase for a qualified veteran that is receiving VA Disability and 100% financing. 7.68% is based upon a 95.00% LTV Conventional Loan with 0.56% PMI Factor. Some loans require different monthly PMI Factors and upfront premiums that will result in higher APR's


The Ohio Housing Finance Agency is an Equal Opportunity Housing entity. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry.
**FHA, VA Loan Limits may apply. We are a participating lender with the Ohio Housing Finance Agency