OHFA Rates drop

Ohio Housing Finance Agency mortgage rates dropped slightly today. This is a special program for first time buyers that meet the income and credit guidelines.

For homebuyers that need downpayment assistance in the form of a 2.5% of the sale price grant- the 30 year fixed interest rate is 4.75% with 1 point.

For homebuyers that don’t need downpayment assistance- the 30 year fixed rate is 4.25% with 1 point.

For OHIO Heroes (fire, police, teachers, medical) the unassisted rate is 4% with 1 point and the assisted rate is 4.5% with 1 point.

Call with any questions or an application 440.452.3894 or apply 24/7 at http://www.firstplacebank.com/lizschneider


About lizschneider66

Mortgage consultant with over 19 years experience. First time buyers, move up buyers, construction, FHA/VA, Jumbo loans, investment property purchases, & refinances- I will find the solution to financing the American dream of homeownership! Subscribe to my blog and never miss any mortgage industry news. I am Vice President of the North Coast Building Industry Association, Lorain County Association of Realtors, Working Women Connection and Womens Council of Realtors.
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s