Attention - First Time Buyers

Current OHFA Information
(Effective 11/10/11 12:01 AM)


3.750% 30 Year Fixed Rate **
3.500% for "Ohio Hero's"*** or Two Down Payment Assistance Options
***Active Military Personnel or Military Veterans - Firefighters or Emergency Medial Technicians-Paramedics
Healthcare workers - Police Officers - Teachers
(Call for additional Requirements)

Also Call me regarding OHFA Current Mortgage Credit Certificate Program

 
Cuyahoga, Lorain, Medina, Geauga and Lake Counties

NONTARGET AREAS

TARGET AREAS

Income Limits
1 or 2 person family: $62,800
3 or more person family: $75,360

Income Limits
1 or 2 person family: $72,220
3 or more person family: $87,920

Sales Price Limits
New Construction or Existing
New Limit: $272,279

Sales Price Limits
New Construction or Existing
New Limit: $332,785

Down Payment Assistance Is Available.

Estimate your payment using $4.53 Per $1,000 Borrowed
*

** APR Based upon purchase price of $150,000.00  3.88% APR is based upon a VA purchase for a qualified veteran that is receiving VA Disability and 100% financing.  4.37% is based upon a 95.00% LTV Conventional Loan with 0.56% PMI Factor.  Some loans require  different monthly PMI Factors and upfront premiums that will result in higher APR's

Page Maintained, Sponsored and Supported by
Tim Bradford, American Midwest Mortgage, 216-324-8113

The Ohio Housing Finance Agency is an Equal Opportunity Housing entity. Loans are available on a fair and equal basis regardless of race, color, religion, sex, familial status, national origin, military status, disability or ancestry.
**FHA, VA Loan Limits may apply. We are a participating lender with the Ohio Housing Finance Agency