Ohio · Rate discount

OHFA Grants for Grads

Discounted rate for recent graduates

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

OHFA's Grants for Grads provides DPA specifically for recent college graduates. The program helps young professionals who have income to support a mortgage but haven't accumulated down payment savings. Graduates within 48 months of completion qualify.

AmountDiscounted rate for recent graduates

TypeRate discount

Available inOhio

First-time buyer requiredYes

Minimum credit score640

Multi-unit eligibleYes — 1-4 units

House-hack eligible

This program can be used on 1-4 unit properties. Live in one unit, rent the others.

Programs that pair with this

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

Federal · Subsidized loan

VA Loan $0 down + no monthly mortgage insurance

Federal · Federal benefit

NACA Program $0 down + $0 closing + $0 PMI + below-market rate

National · Nonprofit program

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

Ohio · Forgivable loan

OHFA YourChoice! Up to 5% of price — forgiven after 7 years

Ohio · Forgivable loan

OHFA Ohio Heroes Discounted rate + stackable with 2.5-5% DPA

Ohio · Rate discount

All Ohio programs →

Get your free stacking strategy

We'll show you how to combine OHFA Grants for Grads with other programs to maximize your free money — personalized to your ZIP code and income.

Or get matched with a lender who knows this program →

All Ohio programs →