Are you dreaming of owning your first home in Ohio but feeling overwhelmed by the process? You’re not alone. Many first-time homebuyers face challenges like saving for a down payment, qualifying for a mortgage, or navigating complex program requirements. The good news? Ohio offers a variety of first-time homebuyer programs designed to make the journey to homeownership more accessible and affordable.

Here’s everything you need to know about these programs and how they can help you save big!

What Are Ohio First-Time Homebuyer Programs?

Ohio’s first-time homebuyer programs are designed to assist individuals and families in purchasing their first home. These programs often provide benefits such as:

• Lower down payments: Some programs allow you to buy a home with as little as 3% down.

• Down payment assistance: Grants or loans to help cover your upfront costs.

• Reduced PMI (Private Mortgage Insurance): Save on your monthly payments.

• Easier qualifying criteria: More lenient credit score or income requirements.

• Lower interest rates: Some programs offer competitive rates to make your mortgage more affordable.

These advantages can significantly reduce the financial burden of buying a home and make it easier to achieve your dream of homeownership.

Who Qualifies for These Programs?

While these programs are incredibly beneficial, they do come with eligibility requirements. Some common criteria include:

• Income limits: Programs often target low-to-moderate income buyers. If you earn above a certain threshold, you may not qualify.

• First-time buyer status: In most cases, you qualify as a first-time buyer if you haven’t owned a home in the past three years.

• Credit score: While requirements vary, having a solid credit score can improve your chances of approval.

• Property location: Some programs are specific to certain areas or communities within Ohio.

It’s important to speak with a knowledgeable lender who can guide you through the requirements and help determine which program is right for you.

Why Work with Experts Like Mike Love and Mike Bernhart?

Navigating first-time homebuyer programs can be complex, but with the right guidance, the process becomes much more manageable. Mike Love, Principal Broker at Great Move Realty, and Mike Bernhart of Armor Mortgage have years of experience helping first-time buyers like you.

Together, they can:

• Identify the best program for your needs.

• Help you understand eligibility requirements.

• Ensure you’re taking full advantage of available benefits.

• Provide expert advice on how to qualify and close with confidence.

Their expertise can save you time, money, and unnecessary stress.

Take the First Step Today

If you’re ready to start your journey toward homeownership, now is the time to explore Ohio’s first-time homebuyer programs. With lower down payments, down payment assistance, and reduced mortgage costs, you can make your dream home a reality sooner than you think.

Contact Great Move Realty today to connect with experienced professionals who can guide you through the process and answer any questions you have. Your dream home is waiting—let’s make it happen together!

Learn More: For more information on Ohio’s first-time homebuyer programs or to schedule a consultation, reach out to us at Great Move Realty.