Welcome to OHFA's resource center for lenders. We are pleased to partner with a network of lenders to provide homebuyer products throughout the state of Ohio. OHFA offers homebuyer loans, down payment assistance, mortgage tax credits and other products to qualified buyers. Our goal is to make sure our lending partners understand the OHFA loan process. We offer a variety of resources, including in-office trainings for lending staff. For questions about our programs or becoming an OHFA enrolled lender, please email this address or call 614.466.9920.
Lender Online
Participating lenders can use our password-protected online system to submit loan reservations, check loan status, download pre-filled product forms and view updates and special product announcements. Visit Lender Online to log on and get started now.
Course Descriptions
Becoming an OHFA Expert
This course will review all aspects of OHFA programs, loan processing, down payment assistance and mortgage tax credits. Eligibility criteria and program combinations will be reviewed, so mortgage professionals understand how these programs can help their clients achieve homeownership.
Mortgage Tax Credit
This course will provide an in-depth review of OHFA's Mortgage Tax Credit Program, which can save homebuyers thousands of dollars over the life of their mortgage.
Lender Online, Processing, Closing and Post-Closing
This course is presented in video format and teaches the learner how to use the Lender Online Reservation System.
OHFA Home Purchase Options
A comparison of available OHFA single family purchase products detailing eligibility requirements, income limits, interest rates, loan types, credit scores and fees:
- OHFA Home Purchase Options At-A-Glance (488 KB Adobe PDF file)
Become an OHFA Lending Partner
Learn how you can take advantage of OHFA Homeownership Products to help more Ohioans achieve homeownership. Please view the participation requirements in the section below. To become a participating lender please contact:
Tom Walker
Business Development Manager
Ohio Housing Finance Agency
57 East Main Street
Columbus, Ohio 43215
614.466.9920
lenderinfo@ohiohome.org
Payoffs
Please call US Bank at (800) 365-7772 to request payoff information; you may also fax a request to (800) 200-8772. The 1st mortgage payoff from US Bank will include a line item showing the payoff for the 2nd. Please contact loanadmin@ohiohome.org with questions.
Grants for Grads Forgiveness
Please email an executed purchase contract or rental agreement showing an Ohio address to loanadmin@ohiohome.org to request forgiveness of remaining balance.
Subordination Policy
In an effort to assist homeowners who are trying to refinance their mortgages, OHFA has established policies regarding subordinations.
Down Payment Assistance second mortgages originated on or after 9/1/2015 cannot be subordinated due to the way the funding programs are structured. Please call US Bank at 800.365.7772 or fax a payoff request to 800.200.8772. The first mortgage payoff from US Bank will include a line item showing the payoff for the second.
Grants for Grads second mortgages originated at any time are eligible for subordination, but a borrower cannot get cash out. Please submit the required documents shown below by secure email to loanadmin@ohiohome.org or fax to 614.644.5393.
- Completed request form signed by all borrowers on the OHFA second mortgage
- Requestor's email address on request form
- Preliminary closing disclosure (no loan estimates) showing no cash to borrower
- Copy of the first page of recorded OHFA second mortgage
- Postage-paid return label
- $100 non-refundable fee to OHFA; ACH instructions will be emailed upon receipt of request
- $150 separate fee to US Bank will be collected at closing; do not send this payment to OHFA
Click here for the Subordination Request Form. Allow 3 business days for OHFA to process the subordination.
For other types of OHFA second mortgages, please email the borrower name and address to loanadmin@ohiohome.org.
OHFA Products
Buyers can add one or more of the following options to an OHFA FHA, VA, USDA-RD or conventional mortgage loan:
Downloadable Lender Documents
Product Guidelines – Effective 1/6/2020
- Conventional Program Guidelines (289 KB Adobe PDF File)
- Government Program Guidelines (92 KB Adobe PDF File)
- Mortgage Tax Credit Basic (174 KB Adobe PDF File)
OHFA Training Videos
Click here to view the Closed Loan Delivery and Funding Training
This training uses Adobe Captivate which requires Adobe Flash. Certain browsers may have trouble displaying the material. Switching browsers or installing Adobe Flash should help resolve the issue.
Downloadable Lender Participation and Informational Forms
- Homeownership Program eSignature Policy (76 KB Adobe PDF File) New
- Lender Participation Requirements (47 KB Adobe PDF File)
- Mortgage Origination and Sale Agreement for Market Rate Program (141 KB Adobe PDF File)
- Mortgage Tax Credit Participation Agreement (217 KB Adobe PDF File)
- OHFA Response to HUD ML 19-06 (1.18 MB Adobe PDF File)