OHFA just made major changes — and this episode is worth revisiting.

With recent updates to the Ohio Housing Finance Agency (OHFA) program, we’re bringing back one of our most valuable episodes to help buyers understand what these changes could mean for them. Whether you’re a first-time homebuyer, short on down payment funds, or simply trying to find a more affordable path to homeownership, this episode breaks down the programs, benefits, and key qualifications you need to know.

In this episode, Sam explains:

🏡 What OHFA is and who it helps

💰 Down payment assistance options

📉 How interest rate changes can impact affordability

👨‍⚕️ Ohio Heroes benefits for healthcare workers, teachers, first responders & more

📊 Mortgage Tax Credits (MTC) and how they can help buyers qualify

⚠️ Income limits, credit score requirements, debt-to-income guidelines & important caveats

With today’s market still creating affordability challenges, revisiting programs like OHFA could be the difference between continuing to wait and finally buying your home.

📲 Have questions about buying in Ohio or whether you qualify? Reach out — we’d love to help.

🎧 Closing the Deal — helping you close the deal 🏡

Chapters

00:00 Why We’re Revisiting This Episode

00:17 What is OHFA? (Ohio Housing Finance Agency Explained)

02:42 Recent OHFA Program Changes & Why They Matter

04:15 OHFA Unassisted Program (Lower Interest Rates)

07:10 Down Payment Assistance Explained

09:26 Mortgage Tax Credit (MTC) Benefits

11:18 Ohio Heroes Program Explained

13:08 OHFA Credit Score & Debt-to-Income Requirements

16:00 Income Limits & Qualification Guidelines

18:07 Purchase Price & Property Requirements

20:35 How Much Down Payment Assistance Can You Get?

22:00 Why OHFA Changes Improved Affordability

24:25 Costs, Fees & Important Caveats

26:00 The 7-Year Forgiveness Rule Explained

27:35 Why This Program Matters in Today’s Market

29:00 Final Thoughts & How to Get Help

Reposted due to recent OHFA program developments and renewed relevance for Ohio homebuyers.