1. New Educational Offerings for Real Estate Agents Thomas Walker Business Relations Manager

2. Removing Barriers To Homeownership (3 Hours Civil Rights Credit) If you must leave the room please watch your time. In order to receive CE credit for this class you must: Be present 90% of the class. Sign in at the beginning of the class and sign out at the end of the class. Please make sure to include your salesperson license # for the certificate. If stepping out of the class, please watch your time. Class will end around 12:15pm OR 4:15pm. Attendees must sign out at the end of the class to receive credit.

3. Online Registration https:// www.ohiohome.org/Registrations/RealEstate https:// www.ohiohome.org/Registrations/RealEstate

4. Class Overview Introduction Overview of the Ohio Housing Finance Agency (state agency) Fair Housing and Civil Rights o Case Studies Advertising o Case Studies Fair Lending o Case Studies Homeownership Programs to Remove Barriers to Homeownership

5. During this class I hope to educate you on Fair Housing and Civil Rights. Don’t make bad decisions when providing housing! 1. http://www.youtube.com/watch?v=bGpVpsaItpU

6. 2. http://www.youtube.com/watch?v=84k2iM30vbY

8. Case Studies

9. Focus on the Property Not on the People When Advertising Do not indicate a preference in your advertising of who the property would be “good” for or might want to live in that area Examples: “Great house for a single person” “Great house for a family” “Rental unit for adults only. No kids allowed”. “Christian churches nearby.” Please see the link below for a complete listing of HUD advertising regulations. http://www.hud.gov/offices/fheo/library/part109.pdf

10. http://www.youtube.com/watch?v=7dyazzbnH8Y

11. Purchase Price $100,000 2.5% Down Payment Assistance (2.5% of 3.5%)$2,500 2% Closing Cost Assistance (based on loan amount) $1,930 Total OHFA Assistance $4,430 Not including $2,000 in closing costs (2%) requested from the seller to cover any additional closing fees to limit out-of-pocket expenses for the borrower. In addition to $4,430 in OHFA assistance, homebuyers may receive up to a $2,000 mortgage tax credit each tax year. Closing costs provided are an approximate number and vary for each lender. __________________________________________________________________________________________ Approximate out of pocket funds for 1% down payment and closing costs: $1,000 FHA Loans

12. Common Combinations of Conventional Loans Think of the First-Time Homebuyer Program (Conventional or Government) as the meat of the burger and the additional toppings (DPA,MTC,CCA) can be added to the loan. First-Time Homebuyer Down Payment Assistance MTC Plus- (Using OHFA Loan) Closing Cost Assistance First-Time Homebuyer Grants for Grads MTC Plus- (Using OHFA Loan) Closing Cost Assistance First-Time Buyer Heroes Down Payment Assistance MTC Plus- (Using OHFA Loan) Closing Cost Assistance

13. Common Combinations of Government Loans First-Time Homebuyer Down Payment Assistance MTC Plus- (Using OHFA Loan) Closing Cost Assistance First-Time Homebuyer Grants for Grads MTC Plus- (Using OHFA Loan) Closing Cost Assistance First-Time Buyer Heroes Down Payment Assistance MTC Plus- (Using OHFA Loan) Closing Cost Assistance Home Rehabilitation and Repair Down Payment Assistance MTC Plus- (Using OHFA Loan) Closing Cost Assistance Home Rehabilitation and Repair Grants for Grads MTC Plus- (Using OHFA Loan) Closing Cost Assistance

14. Ohio Housing Finance Agency Thomas Walker, Business Relations Manager (614) 466-9920 | twalker@ohiohome.orgtwalker@ohiohome.org Jonathan Duy, Real Estate Relations Manager (614) 387-5037 | jduy@ohiohome.orgjduy@ohiohome.org www.ohiohome.org 57 East Main Street Columbus, OH 43215 Toll Free: 888-362-OHFA (6432)