You could be eligible for a first-time homebuyer program in Ohio if you haven't owned a primary residence in the past three years, are an honorably discharged veteran or live in a target area. Depending on the program, it's possible to also add down payment assistance or occupation-based loan benefits to reduce your interest rate or cover your upfront financing costs. The OHFA Grants for Grads program provides discounted interest rates and 2.5% or 5% down payment assistance on eligible first-time homebuyer loans.