First Time Home Owners Loan Ohio. You have not had an ownership interest in your primary residence in the last three years. You may qualify for an ohfa first time homebuyer program if you meet one of the following criteria.
The federal home loan bank of cincinnati fhlb offers first time home buyer grants in ohio of up to 5 000 or 7 500 for veterans surviving spouses and active duty military members through their welcome home program. The state of ohio works with mortgage companies lenders and credit unions to offer home loans to people with low and moderate incomes including first time home buyers. You may qualify for an ohfa first time homebuyer program if you meet one of the following criteria.
First time home buyers in the city of toledo may be eligible to receive up to 6 500 in down payment assistance.
Please view a complete list of eligibility criteria. As the state s affordable housing leader the ohio housing finance agency ohfa provides opportunities for ohioans to locate affordable housing. First time homebuyers can buy a home with a minimum credit score of 580 and as little as 3 5 percent down or a credit score of 500 to 579 with at least 10 percent down. The home must be located in the city of toledo.