Ohio First-Time Home Buyer Programs: How to Buy With $0 Down

Most people in Southern Ohio think they need 20% down to buy a house. Some of our buyers put down nothing at all. They are using loan programs built for exactly where we live. This video walks through every way to buy a home in Ohio with little or nothing out of pocket: USDA, VA, FHA, down payment grants, and the one trap which stops a lot of these deals cold. We're Kelly and Emma Wiley, a mother-daughter real estate team in Jackson County, Ohio. Kelly is on the listing side and sees which loans hold up. Emma is on the buyer side and walks first-time buyers through this every week. 📅 Book a free, no pressure strategy call with the Wiley Group here: https://docs.google.com/forms/d/e/1FA.... 🔔 Subscribe for a new video every week on buying, selling and living in Southern Ohio. CONNECT WITH THE WILEY GROUP: 🏡 Website: wileygrouphomes.com 📧 Team email: admin@wileygrouphomes.com 📱 @wileygrouphomes ABOUT THIS CHANNEL: Kelly and Emma Wiley are Keller Williams real estate agents serving Jackson County, Ohio. Together they have over 20 years in this market. They help buyers and sellers plan every move, including the hard ones. CHAPTERS: 0:00 You Don't Need 20% Down 0:19 Who We Are (Kelly & Emma) 0:47 USDA, VA and FHA: The Three Loans 1:17 USDA: More House Than You Think 1:58 VA Loans 2:13 The FHA Trap on Rural Property 3:17 Grants for Your Down Payment 4:10 Get Pre-Approved First 4:51 The Couple Who Lost the House 5:28 Recap WHAT WE COVER IN THIS VIDEO: USDA loans: zero down, built for rural areas, and how to check your address on the USDA eligibility map The USDA myth: we help buyers purchase $300,000 homes with USDA financing VA loans: zero down for veterans, and why the property still has to qualify FHA loans: 3.5% down, the most common loan in our area, and the multi-parcel trap. A house on four parcels where the appraisal values 16 of 19 acres at zero, leaving a $40,000 appraisal gap. Down payment assistance: the Welcome Home program, up to $20,000 toward your down payment or closing costs, and why it needs a 45 to 60 day close Local options like 100% financing programs from area credit unions Why pre-approval comes before the first showing, and the couple who lost a house over one weekend