Ohio Mortgage Guide
Complete Ohio mortgage guide with median home prices, property tax rates, denial rates, and down payment assistance programs for 2026.
In Ohio, the median home price is $240,317 and median household income is $67,769. The mortgage denial rate for home purchases is 8.68% according to 2025 HMDA data. 3 down payment assistance programs are available, including OHFA Down Payment Assistance (3% of purchase price (conventional) or 3.5% (government loans) as a 7-year forgivable second mortgage.).
Ohio at a Glance
Median prices based on 2025 FHFA data. Income from 2024 Census ACS. Denial rates from 2025 HMDA data.
Mortgage Calculator for Ohio
Estimate your monthly payment with the interactive Ohio mortgage calculator. Includes property taxes, mortgage insurance, and down payment assistance programs.
Open Calculator →Mortgage Denial Rates in Ohio
In 2025 Home Mortgage Disclosure Act (HMDA) data for home purchases, Ohio logged 190,873 final-action applications. The mortgage denial rate was 8.68% and the originated share was 69.68%.
These figures show aggregated market outcomes, not an individual buyer's approval odds. Use these figures as context, not a prediction.
Down Payment Assistance Programs in Ohio
OHFA Down Payment Assistance
Ohio Housing Finance Agency (OHFA)
3% of purchase price (conventional) or 3.5% (government loans) as a 7-year forgivable second mortgage.
Grants for Grads
OHFA
3% or 3.5% DPA plus discounted mortgage rate for recent college graduates (within 18 months); 5-year forgivable second mortgage.
Ohio Heroes
OHFA
Discounted mortgage interest rate for veterans, active-duty military, police, firefighters, EMTs, nurses, and teachers.
Ohio County Calculators
These calculators use local tax and benefit data for each county.
Denial: 8.08% · Tax: 1.70% · 1 DPA programs
Denial: 8.42% · Tax: 2.10% · 1 DPA programs
Denial: 6.71% · Tax: 1.75% · 1 DPA programs
Denial: 6.81% · Tax: 1.90% · 1 DPA programs
Denial: 8.12% · Tax: 1.85% · 1 DPA programs
Denial: 8.32% · Tax: 1.90% · 1 DPA programs
Denial: 6.50% · Tax: 1.80% · 1 DPA programs
Ohio City Calculators
These calculators include local taxes, closing costs, and assistance programs for each city.
Ohio Mortgage FAQ
What is the median home price in Ohio?
The median home price in Ohio is approximately $240,000 as of 2025, based on FHFA housing price index data.
Does Ohio have down payment assistance programs?
Yes. OHFA offers standard DPA (3-3.5% forgivable over 7 years), Grants for Grads (3-3.5% with discounted rate for recent graduates), and Ohio Heroes (discounted rates for public servants).
What is the mortgage denial rate in Ohio?
The statewide mortgage denial rate for home purchases in Ohio is 8.68% based on 2025 HMDA data.
How do Ohio property taxes compare to other states?
Ohio has moderate property taxes, averaging around 1.36%, above the national average. Ohio offers a homestead exemption for senior and disabled homeowners.