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lilmommie882…, Other/Just Looking in Austin, TX

Buying a house with FHA & Down Payment Assistance Grant, Are there other programs for residents in Ohio?

Asked by lilmommie882005, Austin, TX Tue Apr 16, 2013

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FHA usually requires 3.5% down. If down payment is an issue, the Ohio Housing Finance Agency has down payment assistance program for first time home buyers, of 2.5%, so if you qualify you could get financed FHA with just 1% down. There are some properties out in rural areas that may qualify for USDA loans that require 0% down, or if you've served in the military and qualify for a VA loan, that also requires 0% down.
I know lenders you could talk to in detail about the specifics of everything.
Feel free to get a hold of me if you have any questions.
(614) 226-7577
or
abe.javadi@gmail.com

Thanks.
0 votes Thank Flag Link Tue Apr 16, 2013
I am aware of the specs on down-payment for FHA and the down-payment assistance program. I just wanted to know if there was any other programs/assistance/ect for first time home-buyers. Just want to make sure I am making the best decision.
Flag Tue Apr 16, 2013
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