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Whether you're a first time home buyer, moving to a new home or refinancing your existing FHA mortgage, an FHA insured loan will let you purchase a home with a low down payment and flexible fha guidelines. With no income limits or credit scoring, many people who can afford the monthly mortgage payments and have reasonable credit will qualify for an fha loan.  Please click on the appropriate links to learn more about a fha loan and mortgage.

2009 News Releases

4/1/09:  Effective for all new loans as of April 1st, HUD will limit cash out refinance loans to 85% LTV

03-26-09 New OHFA program maximizes tax credit for homebuyers
OHFA announced that they will launch their new Homebuyer Tax Credit Advantage Program on Monday, March 30. The program will allow qualified homebuyers to receive help with down payment and closing costs.

02-17-09 New homebuyers can now reduce their tax liability with OHFA's new Mortgage Credit Certificate
The Mortgage Credit Certificate allows qualified first-time homebuyers to take a direct tax credit for a portion of their mortgage interest up to $2,000 per year for the life of the mortgage.

02-02-09 Homebuyers have more options with new OHFA down payment assistance
Homebuyers can move a step closer to owning the home of their dreams, thanks to a new financial program. OHFA announced that it is now offering a Down Payment Assistance Grant to potential homebuyers.

 

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