Cincinnati Real Estate

Greater Cincinnati's Real Estate Connection

Kathy S. Koops GRI

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Ohio Housing Finance Agency Update

filed under: For Buyers posted on August 6th, 2012

Ohio Financing Agency Homeownership Programs

OHFA, the Ohio Financing Agency’s First Time Home Buyer Program, continues to support some of the greater Cincinnati housing sales.

Many moons ago I provided information about the program.  Many buyers in greater Cincinnati don’t realize OHFA has money targeted for areas in all 4 counties.  If you need more details about specific cities, villages or areas you can review this  handout.

Some other interesting facts:

  • The “First -Time Homebuyer Program” does not exclude everybody who previously owned a home.
  • Down payment assistance is available
  • Military, Healthcare Workers, Firefighters, EMT’s or Paramedics. Police Officers and Teachers can obtain a lower interest rate through the program
  • Eligible for 203k loan

Qualified buyers using OHFA continue to have a unique tool to use if they are really interested in buying real estate in greater Cincinnati.  Paying rent now and think you might be better off purchasing -try using this simple rent vs buy calculator.  If you need the names of lenders or help finding a property to  help is only a phone call away!

 

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