OHFA Your Choice! Down Payment Assistance
Funding status: Active
How much assistance
3% for Conventional loans or 3.5% for Government loans (FHA, VA, USDA) of the purchase price (Forgivable Loan)
Forgiven after 7 years. If you sell your home within 7 years, you must repay all of the assistance provided.
Eligibility
- Income limits: Varies by county. Must meet OHFA income limits for your county. Visit ohiohome.org/limits for details.
- First-time buyer required: Yes — Must not have owned a home in the past 3 years. Veterans and buyers in targeted areas are exempt from the first-time buyer requirement.
- Credit score minimum: 640
- Geographic restrictions: Must purchase a home in Ohio. Purchase price limits vary by county.
- Homebuyer education required: Yes
How to Apply for OHFA Your Choice! Down Payment Assistance
Step 1: Contact an OHFA-approved lender to apply. Find lenders at myohiohome.org. Complete HUD-approved homebuyer education before closing.
Notes
Effective July 1, 2025, DPA changed from 2.5%/5% choice to 3% conventional and 3.5% government loans. Income and purchase price limits vary by county.