New Rate
(Effective 01/25/2010)
Current OHFA Information 4.750% 30 Year Fixed Rate **
4.500% for "Ohio Hero's"***
or
Two Down Payment Assistance Options ***Active Military Personnel or Military
Veterans - Firefighters or Emergency Medial Technicians-Paramedics
Healthcare workers - Police Officers - Teachers
(Call for additional Requirements)
Also Call me regarding OHFA Current Mortgage Credit Certificate
Program Cuyahoga, Lorain, Medina,
Geauga and Lake Counties
NONTARGET
AREAS
TARGET
AREAS
Income
Limits
1 or 2 person family: $64,800
3 or more person family:
$74,520
Income
Limits 1 or 2 person family: $77,760
3 or more person family:
$90,720
Sales Price
Limits New Construction or Existing New Limit: $268,750
Sales Price
Limits New Construction or Existing New Limit: $328,625
Down Payment Assistance Is Available.
Estimate your payment using $5.22 Per 1,000 Borrowed
*
** APR Based upon purchase price of $150,000.00 4.89% APR is
based upon a VA purchase for a qualified veteran that is receiving VA Disability
and 100% financing. 5.33% is based upon a 95.00% LTV Conventional Loan with
0.56% PMI Factor. Some loans require different monthly PMI Factors and upfront
premiums that will result in higher APR's
The Ohio Housing Finance Agency is an Equal
Opportunity Housing entity. Loans are available on a fair and equal basis
regardless of race, color, religion, sex, familial status, national origin,
military status, disability or ancestry. **FHA, VA Loan Limits may apply. We are a participating lender with the Ohio Housing Finance Agency