OHFA Grants for Grads

About this opportunity

Discounted mortgage interest rate plus down payment assistance (3% conventional / 3.5% FHA/VA/USDA) for Ohio residents who graduated from an accredited institution (associate's or higher) within the past 18 months. Assistance is forgiven after five years provided the homeowner remains in Ohio; repayment required if home is sold and owner relocates out of state within five years. Minimum credit score 640 (conventional/USDA/VA) or 650 (FHA). Homebuyer education required. Apply via OHFA-approved lender. Rolling, no fixed deadline.