First time buyers can access their homebuyers tax credit now with the help of the Ohio Housing Finance AGency's 2nd mortgage program.
Buyers must meet program income guidelines & complete homebuyer education prior to closing.
Buyer can get up to $8000 to be used for downpayment & closing costs for an FHA loan!
Seller may contribute up to 6% of sale price for buyers closing costs, points & prepaids.
Loan can be paid back prior to July 1, 2010 & buyer will receive $300 credit toward the principal of that mortgage. If not paid back by July 1, 2010, loan begins amortizing over 15 years with the first payment due August 1, 2010.
Call for more information or preapproval- 440.452.3894!