The Ohio Housing Finance Agency ( OHFA ) First Time Homebuyer Program serving the greater Cincinnati area continue to offer competitive interest rates and programs.

The following fees may apply to your OHFA loan:

• .50% origination fee
• $200 funding fee
• $85 tax service fee

And each county has income and purchase limits.  Click on the county of your choice –  Butler, Clermont, Hamilton and Warren.  Make sure you are a qualified buyer and purchasing a qualified property within the acreage limitation.

Note:
The federal recapture tax provision may apply to all loans in this program. Review information that begins on page 27 for the  IRS explanation on recapture of federal subsidy.

OHFA has helped lots of first time homebuyers and if you need to talk a OHFA qualified lender-let me know and I’ll have one contact you.

Many buyers need to see if this is the best program -for many FHA home loans are a better deal.  Either way if you have a credit score of at least 640- you shouldn’t put off the decision to buy a home or condo.

Thinking about starting the house hunting process and need a lender or housing information -Click here to to Call: 513-300-4090, or by email .