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Ohio Housing Finance Agency (OHFA)down paymnet assitance program
First time home buyers may qualify for a 3% down payment with the Ohio Housing Finance Agency's new program.
OHFA will issue a loan, as a 2nd mortgage for up to 3% of the purchase price of the home. This can be used for part of a down payment, closing costs or prepaid items
 
Your 2nd mortgage rate will be 1% higher than  the current oHFA rate and payments will begin 8/1/200.
 
If you receive the $8,000 Federal tax credit, you may use those funds to pay off the OHFA 2nd mortgage.
 
Visit www.ohiohome.org    and  www.federalhousingtaxcredit.com for more details
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