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

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About lizschneider66

Mortgage consultant with over 18 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.
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