OHFA (Ohio Housing Finance Agency) Loans 

OHFA offers several affordable loan options to help you achieve your dream of homeownership. OHFA offers 30-year, fixed rate FHA, VA, USDA-RD and Conventional mortgage loans designed especially for homebuyers with low- and moderate-incomes with generous income and purchase price limits.


How Do I Apply for an OHFA Loan?

Apply with Developer's Mortgage Company by clicking on the APPLY NOW button and we will work in conjunction with OHFA to provide the mortgage financing.


Credit Score Requirements

The minimum credit score for borrowers using OHFA Homebuyer Programs are as follows:

Loan Type:
Conventional, USDA, VA = 640
FHA = 660

Income and Purchase Price Limits

Income and purchase price limits vary by Ohio county. View the income and purchase price limits in your area.


Target Areas

A target area is an economically distressed area designated by HUD. Homebuyers who purchase a home in a target area do not have to be first-time homebuyers. Find designated target areas in Ohio.

Am I Eligible?

You may qualify for an OHFA First-Time homebuyer program if you meet one of the criteria listed below:


  • You have not had an ownership interest in your primary residence in the last three years.
  • You are an honorably discharged veteran.
  • You choose to purchase a home in a target area.

* Please view a complete list of eligibility criteria.


Which OHFA Loans are Right for Me?

Buyers can add one or more of the following options to an OHFA FHA, VA, USDA-RD or conventional mortgage loan:



Homebuyer Education

Qualified buyers are required to complete free homebuyer education . OHFA's streamlined education program allows you to complete a course offered by any U.S. Department of Housing and Urban Development (HUD)-approved counseling agency in Ohio. Please note, OHFA homebuyer education is not completed until after a homebuyer submits their loan application with their loan officer.