Oh Yes You Can.... Still Buy With No Money Out of Pocket

By
Real Estate Agent with Cutler Real Estate

If you are a first time home buyer you may qualify for an OHFA loan

What is OHFA?  OHFA stands for the Ohio Housing Finance Agency. 

What does OHFA do?  OHFA can help first time home buyers with down payment assistance or closing cost assistance, either through a grant or a 2nd mortgage on the home they are buying.  Read more here:  down payment options.

Who qualifies as a first time buyer? 

  • Actual first time buyers who have never owned a house before
  • Buyers who have not had an ownership interest in a principal residence within the last 3 years
  • Anyone including previous homeowners buying in a target area

What is a target area?  It is an area that is designated by HUD as an economically distressed area. 
To learn more about target areas:  target areas.

Please contact me if you need any questions about this loan product.  Chrissy Moock, Cutler Real Estate 330-936-2519

 

 

 

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Rainmaker
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Donne Knudsen
Los Angeles & Ventura Counties in CA - Simi Valley, CA
CalState Realty Services

Christina - in CA we have CalHFA, which is a big part of my business.  Regardless of what happens with seller funded dpa's, there will always be mortgage revenue bond (MRB) programs and I strongly suggest everyone who is looking for a 100% program look into your states MRB programs.

Sep 14, 2008 08:21 AM #1
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Rainmaker
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Christina Moock

REALTOR - Cutler Real Estate
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