A common misconception about homeownership is that buyers need at least a 20% down payment to purchase a house. In the latest episode of Doorsteps, Dr. Cody Price speaks with Jon Duy, Real Estate Relations Manager in OHFA's Office of Homeownership, who shares his expert insight into the homebuying process. How much do you really need for a down payment? What is the first step to buying a house? Do you qualify for down payment assistance? Jon answers these common questions and walks through some OHFA homebuyer programs that help make buying a house or condo easier.
For more from the Office of Research and Analytics, visit our website and follow us on Twitter @ohiodoorsteps.
For more information on homeownership assistance through OHFA, visit www.myohiohome.org to find a lender and get started on the path to homeownership.
The views and opinions expressed in Doorsteps are those of the individuals involved and do not necessarily reflect those of the Ohio Housing Finance Agency.