Upcoming college grads, here’s a quick quiz: Can you qualify for discounted mortgage rates?
The answer is yes. Not only do you have a career to look forward to, but you can also become a homeowner.
It’s common to feel the stress of entering the real world with student loans, not to mention living expenses. Check out the down payment assistance programs your home state has to offer for college grads that can help make the transition less of a burden and more of a benefit.
For example, Ohio residents that are new college graduates can qualify for the Ohio Housing Finance Agency’s (OHFA) Grants for Grads to receive down payment assistance*. And just because class is no longer in session doesn’t mean the learning stops! Free homebuyer education is required for qualified buyers through OHFA’s streamlined education program.
This is a very exciting time in your life – it’s time to build your next chapter. If a place to call home is in your vision, make sure you understand all of your options and assistance that can be provided for your unique financial situation. Reach out to the Housing Buzz team at anytime to help get you on your way!
*The participant must remain in the state of Ohio for five years for the down payment assistance to be forgiven.