Am I Eligible?

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All OHFA qualified borrowers must meet each of the following criteria:

• Applicants must meet OHFA income limits and properties must meet purchase price limits, which vary by county. View OHFA's income and purchase price limits.
• Applicant must meet debt to income ratios for their loan type.
• You meet credit score requirements:
  
  • Conventional, USDA and VA Loans: 640 or higher
  • FHA Loans: 650 or higher

For advice on improving your credit score please contact a HUD-approved counseling agency in Ohio.

• Applicants must purchase a qualifying property that is limited to two acres within a municipal corporation and five acres outside a municipal corporation. Additional acreage may be required by local health or safety code. Qualifying properties include the following:
  • Existing homes: single-family dwellings, conforming condominiums, duplexes, and up to four-unit properties.
  • Newly built spec/nearly completed homes: one-unit single-family dwellings.
  • Modular homes; one-unit single family dwellings.
  • Manufactured homes.
• Additional requirements may apply to specific homeownership products.
• Applicants that have a limited credit history but have a record of paying their rent on time for at least 12 months may now use that information to help qualify for a loan through an approved Fannie Mae lender. Most lenders that offer OHFA's loan products are also approved by Fannie Mae. Applicants are still required to meet all other eligibility and underwriting criteria to obtain a loan. For more information see these FAQs.

Eligibility Questions

Please answer the questions below before hitting the 'Am I Eligible' button.
I am a:
First-time homebuyer: You have not owned or had an ownership interest in your primary residence in the last 3 years. Previous homeowner: You currently own or have had ownership interest in your primary residence in the last three years
Choose the following items that apply:
Ohio Hero
Veterans, active duty military members or members of reserve components (including surviving spouses) Police officers, firefighters, volunteer firefighters, EMTs and paramedics Physicians, nurse practitioners, nurses (RN and LPN) and STNAs Teachers (pre-K through grade 12), administrators and counselors
What is your credit score?
640 or above Below 640
What county do you live in?
Select... ADAMS ALLEN ASHLAND ASHTABULA ATHENS AUGLAIZE BELMONT BROWN BUTLER CARROLL CHAMPAIGN CLARK CLERMONT CLINTON COLUMBIANA COSHOCTON CRAWFORD CUYAHOGA DARKE DEFIANCE DELAWARE ERIE FAIRFIELD FAYETTE FRANKLIN FULTON GALLIA GEAUGA GREENE GUERNSEY HAMILTON HANCOCK HARDIN HARRISON HENRY HIGHLAND HOCKING HOLMES HURON JACKSON JEFFERSON KNOX LAKE LAWRENCE LICKING LOGAN LORAIN LUCAS MADISON MAHONING MARION MEDINA MEIGS MERCER MIAMI MONROE MONTGOMERY MORGAN MORROW MUSKINGUM NOBLE OTTAWA PAULDING PERRY PICKAWAY PIKE PORTAGE PREBLE PUTNAM RICHLAND ROSS SANDUSKY SCIOTO SENECA SHELBY STARK SUMMIT TRUMBULL TUSCARAWAS UNION VAN WERT VINTON WARREN WASHINGTON WAYNE WILLIAMS WOOD WYANDOT
What is your household size:
1-2 3+
What is your annual income?
less than $30,000 $30,001 to $50,000 $50,001 to $70,000 $70,001 to $90,000 more than $90,000
What is the potential purchase price of your future home?
less than $50,000 $50,001 to $150,000 $150,001 to $250,000 $250,001 to $350,000 more than $350,000