Mortgages for Medical Workers

Doctors, nurses, and other medical professionals work hard each day to maintain public health and provide people with lifesaving care. For all they do to keep us happy and healthy, it’s only right that these selfless individuals receive some perks when purchasing a home.

The Ohio Heroes program from the Ohio Housing Finance Agency (OHFA) provides physicians, nurse practitioners, nurses (RN and LPN) and STNAs living in Ohio with discounted mortgage rates. To qualify, medical professionals must meet these requirements:

• Meet income and purchase price limits.
• Meet debt to income ratios for loan type.
• Meet the credit score requirements—conventional, USDA and VA Loans: 640 or higher. FHA Loans: 650 or higher

Additionally, those who qualify for the Ohio Heroes Program may also receive down payment assistance. Qualified buyers are required to complete free homebuyer education. OHFA’s streamlined education program allows applicants to complete a course offered by any U.S. Department of Housing and Urban Development (HUD)-approved counseling agency in the state. Take the quiz to see if you qualify for this program.

For doctors, nurses, and other medical professionals, The Columbus Mortgage Company is the number one resource for all your home lending needs. As an OHFA-approved lender, we are ready to help you secure your best possible mortgage rate through Ohio Heroes and other available programs. Contact us today to get started.