Make homeownership possible with Down Payment Assistance

Check Down Payment Assistance Programs in Ohio

Complete the short questionnaire above to determine if you are eligible for a down payment assistance program. A loan professional at Diamond Residential Mortgage Corporation will review the information you submit and guide you to the best loan solution.

Top Down Payment Assistance Programs Ohio

After you select the best option for you, fill out our questionnaire, and let our loan professionals guide you through the process from start to finish.

Since we are an Approved-Lender with the Ohio Housing and Finance Agency (OHFA) , we are able to offer the following down payment assistance programs throughout the state of Ohio:

Ohio Heroes

  • 2.5% or 5% down payment assistance of the purchase price
  • .25% discount on mortgage interest rate
  • Available to a wide range of eligible borrowers, including first-time homebuyers and repeat buyers
  • Loan forgivable typically after five years if the homeowner remains in the home as their primary residence
  • Conventional, USDA and VA loans: 640 FICO or higher
  • FHA Loans: 650 FICO or higher <

Available if you work in one of the following careers:

  • Veterans, active duty military members or members of reserve components (including surviving spouses)
  • Police officers, firefighters, volunteer firefighters, EMTs and paramedics
  • Physicians, nurse practitioners, nurses (RN and LPN) and STNAs
  • Teachers (pre-K through grade 12), administrators and counselors
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OHFA First-Time Homebuyer

  • 2.5% or 5% down payment assistance of the purchase price
  • OHFA requires first-time homebuyers to complete a homebuyer education course, covering valuable topics such as budgeting, credit management, mortgage financing, and home maintenance.

Eligibility criteria

  • You have not had an ownership interest in primary residence in the last three years
  • Purchasing a home in a target area 
  • You are an honorably discharged veteran
  • Conventional, USDA and VA  Loans: 640 FICO or higher
  • FHA Loans: 650 FICO or higher
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Next Home

  • 2.5% or 5% down payment assistance of the purchase price

Eligibility criteria

  • Those who are not first-time homebuyers
  • The home will serve as your primary residence
  • Occupy the property within 60 days of closing
  • Conventional, USDA and VA  Loans: 640 FICO or higher
  • FHA Loans: 650 FICO or higher
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Grants for Grads

  • 2.5% or 5% down payment assistance of the purchase price
  • Down payment assistance is forgiven after five years as long as you remain in the state of Ohio

Eligibility criteria

  • You have not owned or had an ownership interest in your primary residence in the last three years
  • Borrowers must have graduated within the last 48 months with an associate's, bachelor's, master's, doctorate or other post-graduate degree from an accredited college or university
  • Single unit properties only
  • Conventional, USDA and VA  Loans: 640 FICO or higher
  • FHA Loans: 650 FICO or higher
  • If you sell your home and move out of Ohio within five years, you must repay some or all of the assistance provided
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USDA Rural Development Loans

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VA Loans

  • Designed specifically for eligible veterans, active-duty service members, and surviving spouses. 
  • VA Program financing with 0% down payment available
  • No monthly mortgage insurance
  • Flexible credit standards
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In addition to the statewide programs listed above, we may have additional city and county programs available. Please complete the form above so a loan professional can help guide you to the best available option.