Grants for Grads

Grants for Grads是面向Statewide，Ohio购房者的可免除贷款。 Grants for Grads is an OHFA program designed to help recent college graduates (within 48 months of graduation with an associate's, bachelor's, master's, doctorate, or other professional degree from an accredited college or university) purchase their first home in Ohio. Borrowers receive 2.5% or 5% of the purchase price as a forgivable second mortgage and a discounted first-mortgage interest rate. The DPA is 100% forgiven after the borrower remains in the home for 24 months (2 years). Grants for Grads provides 2.5% or 5% of the home's purchase price as down payment, closing-cost, or pre-paid item assistance to recent college graduates buying their first home in Ohio. The assistance is structured as a forgivable second-mortgage loan that is 100% forgiven after the buyer remains in the home for 24 months (2 years). If the buyer sells, refinances, or moves out within 24 months, the full original amount is due. The forgiveness clock and borrower-friendly structure are designed to keep recent grads in Ohio after graduation. Must be paired with an OHFA first-mortgage product, and the first-mortgage rate is reduced for Grants for Grads borrowers. 资金来自Tax-exempt Mortgage Revenue Bonds and other OHFA capital sources。

Grants for Grads按项目规定，提供相当于房价2.5%的援助。 购房者自付部分：No OHFA-imposed minimum borrower contribution; loan-product overlays apply。 金额是该项目公布的上限，并非报价——具体每人的援助金额由管理该项目的机构决定。

Grants for Grads在2年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Full original balance due if home is sold, refinanced (without subordination), title transferred, or no longer occupied as principal residence within 24 months和lien 100% forgiven at end of month 24。 该援助以2nd Lien顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

Grants for Grads面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：First-time-homebuyer requirement waived for qualifying veterans and for buyers in federal target areas。 关于信用，该项目说明：640 minimum FICO for FHA, VA, and USDA-RD loans; 650 minimum FICO for conventional loans (Fannie Mae HFA Preferred and Freddie Mac HFA Advantage) and manufactured home loans。 须参加购房者教育课程，由Free Streamlined Homebuyer Education from OHFA online (eHome America-powered) required prior to closing; HUD-approved counseling agencies also accepted提供。 居住要求：Property must be in Ohio and occupied as principal residence within 60 days of closing。 公民身份或移民身份：U.S. citizen or qualified non-citizen per agency loan-product guidelines。 Borrower must have graduated within the last 48 months (4 years) from an accredited college or university with an associate's, bachelor's, master's, doctorate, or professional degree (transcripts/diploma required at application). Must be a first-time homebuyer (or qualifying veteran or target-area buyer). Must use an OHFA first-mortgage product. Maximum income $115,680 - $179,480 depending on county / household size / target area; maximum purchase price $544,233 - $1,389,032 depending on county and target status. 640 minimum FICO for FHA/VA/USDA, 650 minimum for conventional / manufactured. 50% DTI maximum. Property must be primary residence; borrower must occupy within 60 days of closing.

Grants for Grads将家庭收入限制在$179,480。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

Grants for Grads将房价上限设为$1.4M。 符合条件的房屋类型包括Single-family detached, condominiums, townhomes, 1-unit owner-occupied、eligible manufactured homes (permanently affixed)和2-unit allowed only in target areas if 5+ years old。 新建房屋符合条件。 预制房屋符合条件。

Grants for Grads在其服务群体中提到了退伍军人、现役军人、预备役人员和国民警卫队成员、遗属配偶、美洲印第安人和阿拉斯加原住民购房者、教育工作者、执法人员、消防员、医护人员和残障购房者。 在此列出仅表示项目提到了该群体，并不表示仅凭群体身份即可使申请人符合条件——其余资格规则仍然适用。

Grants for Grads服务于在Statewide，Ohio购房的购房者。 该项目针对特定区域：Federal target areas (qualified census tracts) in Ohio where the FTHB requirement is waived and higher income/purchase-price limits apply。

Grants for Grads的申请通过管理该项目的机构办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Lender reserves rate, first-mortgage funds, and DPA via OHFA's Lender Online portal on a first-come, first-served basis预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。