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