Ohio Down Payment Assistance

15 Programs
to Help You Buy a Property
in Ohio

Grants, forgivable loans, and subsidized mortgages — many Ohio buyers qualify for thousands+ in assistance and don't even know it.

Find your programs →
8
State programs
7
Federal programs
$0
Cost to search

Ohio Programs

Click any program for full details, eligibility, and how to apply.

OHFA Down Payment Assistance Ohio
3-3.5% of price, forgiven after 7 years

3% for conventional or 3.5% for FHA/VA/USDA loans. Forgiven completely after 7 years.

Forgivable loanHouse-hack eligible
OHFA YourChoice! Ohio
Up to 5% of price — forgiven after 7 years

Choose 2.5% or 5% of purchase price for down payment and closing costs. Forgiven after 7 years.

Forgivable loanHouse-hack eligible
OHFA Ohio Heroes Ohio
Discounted rate + stackable with 2.5-5% DPA

Discounted mortgage rate for teachers, nurses, police, firefighters, EMTs, veterans, and military. Pairs with DPA.

Rate discountHouse-hack eligible
OHFA Next Home Ohio
Below-market rate + 2.5% DPA for repeat buyers

30-year fixed-rate loan for repeat buyers. Can pair with 2.5% YourChoice DPA.

Subsidized loanHouse-hack eligible
OHFA Grants for Grads Ohio
Discounted rate for recent graduates

Discounted mortgage rate for graduates within 18 months of earning a degree. Stackable with DPA.

Rate discountHouse-hack eligible
OHFA Mortgage Tax Credit Ohio
Up to $2,000/year tax credit, every year

Tax credit of up to 40% of annual mortgage interest paid, up to $2,000 per year for the life of the loan.

Annual tax credit
Communities First Ohio Cincinnati / Ohio
3-5% grant — free money, zero repayment

3-5% of purchase price as a TRUE GRANT — no repayment ever. Through Port of Greater Cincinnati.

GrantHouse-hack eligible
Columbus ADDI City of Columbus
Deferred loan — varies by funding

Deferred loan to help first-time buyers in Columbus cover down payment and closing costs.

Deferred loan
FHA Loan Federal
Saves ~$33,000 on a $200K home vs 20% down

3.5% down payment with 580+ credit. The most popular first-time buyer loan in America.

Subsidized loanHouse-hack eligible
VA Loan Federal
$0 down + no monthly mortgage insurance

Zero down payment, no PMI for eligible veterans and active-duty service members.

Federal benefitHouse-hack eligible
USDA Rural Development Loan Federal
$0 down, lower fees than FHA

Zero down payment for rural and suburban areas. 97% of US land qualifies.

Subsidized loan
Fannie Mae HomeReady Federal
3% down + reduced PMI rates

3% down with reduced mortgage insurance for low-to-moderate income buyers.

Subsidized loanHouse-hack eligible
Freddie Mac Home Possible Federal
3% down + flexible funding

3% down with flexible funding sources including gifts and employer assistance.

Subsidized loanHouse-hack eligible
NACA Program National
$0 down + $0 closing + $0 PMI + below-market rate

No down payment, no closing costs, no PMI, below-market rate. Character-based lending.

Nonprofit programHouse-hack eligible
HUD Good Neighbor Next Door Federal
50% discount on HUD homes

50% off purchase price for teachers, law enforcement, firefighters, and EMTs.

Grant
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Frequently asked questions

What down payment assistance programs are available in Ohio?

There are 8 state-specific programs and 7 federal programs available in Ohio, totaling 15 programs.

Do I need to be a first-time buyer to get DPA in Ohio?

Not all programs require first-time buyer status. Several Ohio programs are available to repeat buyers. 'First-time buyer' means you haven't owned a home in the past 3 years.

Can I use DPA to buy a multi-unit property?

Yes. Many DPA programs allow 1-4 unit properties. Live in one unit and rent the others — this is called house-hacking.

Nearby states

Pennsylvania (7)West Virginia (3)Kentucky (3)Indiana (4)Michigan (5)