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  2. Ohio offers several home buyer assistance programs, including123:
    • Down payment assistance: Homebuyers can choose to receive either 2.5% or 5% of the home’s value as cash assistance towards their down payment or closing costs.
    • Ohio Heroes: Ohio public servants can receive special home-buying assistance, including a discounted interest rate for their mortgage.
    • Grants for Grads
    • Mortgage Tax Credit
    • Communities First Down Payment Assistance
    • Affordable loan options to help you achieve your dream of homeownership.
    • Programs that assist first-time buyers and others buying a home. Benefits include lower mortgage rates, down payment assistance, tax credits and combined financing for buying and renovating a home.
    Ohio also provides assistance to eligible Ohio homeowners who are facing foreclosure or cannot afford to pay their mortgage, utility bills, or other housing-related costs as a result of economic hardship caused by the COVID-19 pandemic4.
    Learn more:

    OHFA First-Time Home Buyer Assistance

    • #1 Your Choice! Down Payment Assistance Homebuyers can choose to receive either 2.5% or 5% of the home’s value as cash assistance towards their down payment or closing costs. ...
    homeandmoney.com/blog/ohio-first-time-home-buy…
    Homebuyer Incentives Affordable loan options to help you achieve your dream of homeownership. The Ohio Housing Finance Agency (OHFA) offers down payment assistance, career-related interest rate discounts, and other loan products to make buying a home or condo easier.
    ohio.gov/wps/portal/gov/site/residents/resources/ho…
    OHFA has a number of programs that assist first-time buyers and others buying a home. Benefits include lower mortgage rates, down payment assistance, tax credits and combined financing for buying and renovating a home.
    www.nerdwallet.com/article/mortgages/ohio-state-fi…
    The state of Ohio was awarded $280 million from the U.S. Department of Treasury Homeowner Assistance Fund through the American Rescue Plan Act of 2021 to provide assistance to eligible Ohio homeowners who are facing foreclosure or cannot afford to pay their mortgage, utility bills, or other housing-related costs as a result of economic hardship caused by the COVID-19 pandemic.
    ohiohome.org/homeownersassistancefund.aspx
     
  3. People also ask
    Does Ohio offer a first-time homebuyer program?The Ohio Housing Finance Agency (OHFA) offers the majority of the state’s first-time homebuyer programs. Additionally, several Ohioan cities and counties offer homebuyer incentives. Here are some programs to consider: Borrowers with low or moderate incomes can qualify for OHFA traditional first-time homebuyer loans.
    Where can I get help buying a home in Ohio?Available resources to help you achieve your dream of homeownership. The Ohio Housing Finance Agency (OHFA) offers a variety of programs to help Ohioans purchase a home. Available resources to help you achieve your dream of homeownership.
    How can OHFA help first-time home buyers?OHFA can help first-time buyers secure a number of generous federal loans. Plus, when it comes to assistance programs and first time home buyer grants Ohio residents can tack on one or more of these bonus options to further ease the burden of homeownership:
    What benefits do first-time homebuyers get in Ohio?There are several statewide grant and loan programs you might qualify for as an Ohio first-time homebuyer. These programs typically provide down payment assistance and flexible borrower requirements. For example, you could be eligible for unique benefits if you have a moderate income, are a recent college graduate or served in the military.
     
  4. Homeownership Assistance: Ohio | HUD.gov / U.S. Department …

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