Your Choice! Down Payment Assistance

About this opportunity

Down payment and closing cost assistance equal to 3% of the purchase price for conventional loans or 3.5% for government loans (FHA, VA, USDA), provided as a forgivable loan automatically forgiven after seven years (full repayment required if home is sold before that). Available to all OHFA mortgage program borrowers. Minimum credit score 640 (conventional/USDA/VA) or 650 (FHA). Homebuyer education required. Apply via OHFA-approved lender. Rolling, no fixed deadline.