Lower rates for first time home buyers starting 9-11-2008

The Ohio Housing Finance Agency has just announced that effective 9-11-2008 they are lowering their interest rates by .25%. First time home buyers can now qualify for 100%+ financing with a low fixed rate of 6.00% for a new first mortgage of up to 97% of the purchase price with an available second mortgage at 8% for 100%+ financing of the purchase price of a new home. Ohioans working in critical professions can save even more (contact me for details)

With the federal government takeover of Fannie Mae and Freddie Mac as well as the end of seller assisted down payment this news could not come at a better time.

Conditions apply so contact me for more details.

Brent Diebert

Comments are closed.