Looking for a mortgage lender in Ohio? AD Mortgage has over 20 years of experience, helping brokers and loan originators serve their clients with a wide range of mortgage solutions
Ohio’s housing market continues to see rising home prices and inventory, with competition varying across local markets.
Whether a borrower is a first-time buyer purchasing in a suburban neighborhood or an investor seeking a rental property near Lake Erie, AD Mortgage helps broker partners match each client with a suitable loan scenario.
Our broad selection of mortgage programs offers a variety of options, including Conventional, FHA, VA, jumbo, and Non-QM financing. Product eligibility and underwriting decisions are subject to the complete loan file and applicable guidelines.
Explore mortgage programs that help Ohio partners offer clients financing suited to their needs, supported by responsive guidance and efficient processing from AD Mortgage
An affordable financing option with standard requirements
Qualify homebuyers with limited down payment capabilities
Close DSCR loans with fast turn times
Get 50 bps with all Rate Buydowns. Add flexibility with Lender-Paid or Seller-Paid options.
Choose from 1-0, 1-1, 2-1, and 3-2-1 options to help borrowers lower their initial monthly payments.
For primary residences and 2nd homes on 30-Year Fixed Super Prime, Prime, and Fixed Conventional. 
Ohio property taxes are assessed and collected locally, so costs can differ substantially by county, city, school district, and property value. Taxes may be included in a borrower’s monthly mortgage payment through an escrow account. Eligible owner-occupants may also qualify for state or local property-tax relief, including the Homestead Exemption.
Ohio closing costs may include lender fees, appraisal charges, title and settlement services, prepaid homeowners insurance, initial escrow deposits, recording fees, and applicable county charges. Mortgage rates and final loan terms depend on the program, credit profile, loan-to-value ratio, occupancy, property type, and market conditions at the time of pricing.
The Ohio Housing Finance Agency (OHFA) offers assistance for eligible borrowers using participating OHFA first-mortgage programs:
Disclaimer: Mortgage rates, program availability, property taxes, and closing costs are subject to program requirements and availability. This information is provided for general educational purposes only and is not intended as legal, tax, or financial advice
24/7 Support for Ohio Loan Workflows
The First Integrated Non-QM AUS in Mortgage History
Mortgage Resources for Ohio Partners
Streamline the Process with Rapid, State-Compliant Initial Disclosure
Perfect for W-2 and Self-employed Borrowers
Earn and Redeem Points for Benefits
LEADer CRM for Ohio Brokers and LOs
An Ohio loan calculator to estimate payments with ease
Get an Ohio Mortgage Scenario Reviewed in 30 minutes
READY TO CONNECT?
How Do I Choose a Mortgage Lender in Ohio?
The lender should have proper licensing – for example, AD Mortgage is licensed in Ohio under #RM.804825.000 and coast to coast. For brokers, the right lender combines competitive rates and fees, strong product fit, and expertise with complex borrower scenarios.
What are Current Mortgage Rates in Ohio?
Ohio mortgage rates change regularly and depend on the borrower and loan scenario. Credit score, loan-to-value ratio (LTV), loan program, occupancy type, property type – these and other factors affect the rate.
What is the Difference Between a Mortgage Broker and a Mortgage Lender in Ohio?
A mortgage broker works with borrowers to identify and place suitable financing options, while a mortgage lender underwrites and funds the loan. A wholesale lender works through mortgage professionals such as brokers, whereas banks and direct lenders typically originate loans directly with borrowers.
What Are the FHA Down Payment Requirements?
FHA loans, including FHA Standard, FHA High Balance, and FHA Streamline Refinance, are available in Ohio. AD Mortgage’s FHA Standard program allows down payments as low as 3.5% for eligible borrowers. Submit a Scenario Request to review your client’s eligibility.
Are VA Loans Available in Ohio?
Yes. AD Mortgage offers VA loan programs to eligible Ohio borrowers. The VA Standard program offers loan amounts up to $2 million, no down payment requirement for eligible borrowers, and a minimum FICO score of 580.
Can Eligible Veterans Buy a Home in Ohio with No Down Payment?
Yes. VA loan programs offer eligible veterans mortgages without down payments.
What First-Time Homebuyer Programs are Available in Ohio?
Eligible Ohio buyers may have access to Ohio Housing Finance Agency (OHFA) programs, including the Ohio Heroes program, Grants for Grads, and local DPAs. Requirements such as income, purchase price, credit, occupancy, and homebuyer education apply.
What is OHFA Down Payment Assistance?
OHFA Down Payment Assistance provides eligible borrowers with 3% of the purchase price for conventional loans or 3.5% for FHA, VA, and USDA loans when paired with an eligible OHFA first mortgage.
What is Ohio Heroes?
Ohio Heroes is an OHFA mortgage product that offers a reduced interest rate for eligible public-service professionals and military borrowers, including qualifying veterans, active-duty and reserve military members, first responders, healthcare professionals, and certain educators.
What is Grants for Grads in Ohio?
Grants for Grads is an OHFA program for eligible recent college graduates purchasing a primary residence in Ohio. It provides a reduced mortgage rate and 3% or 3.5% down payment assistance, depending on the loan type. Assistance is generally forgiven after five years if the homeowner remains an Ohio resident and meets all program requirements.
What are the Ohio Mortgage Lender Licensing Requirements?
Ohio residential mortgage lenders and brokers generally need a Certificate of Registration under Chapter 1322 of the Ohio Revised Code and must complete required NMLS filings. Individual mortgage loan originators need a separate Ohio MLO license.
How Do I Become a Mortgage Loan Originator in Ohio?
Apply through NMLS and meet Ohio requirements for education, testing, background review, sponsorship, and documentation. Prelicensing education includes 24 hours: 20 approved hours plus four hours on Ohio lending and consumer-sales-practices law.
What Credit Score Do You Need to Buy a House in Ohio?
Typically, borrowers can qualify with a FICO score as low as 580. However, the required credit score depends on the borrower’s credit history and overall profile, as well as program type, property, and lender guidelines.
How Much Money Do You Need to Buy a House in Ohio?
The amount needed depends on the loan program and purchase price. Buyers may need funds for a down payment, closing costs, prepaid property taxes and homeowners insurance, and required cash reserves. Requirements vary by credit profile, occupancy, property type, and loan guidelines.
Can You Buy a House in Ohio without 20% Down?
Ohio borrowers may qualify to buy a home with less than 20% down through Conventional, FHA, VA, and other eligible loan programs. Qualified buyers may also have access to Ohio down payment assistance programs.
Is Ohio a Good State for First-Time Homebuyers?
Ohio can offer opportunities for first-time homebuyers because home prices in some metro areas and regional markets may be relatively accessible. However, affordability still depends on the buyer’s budget, mortgage rate, down payment, property taxes, insurance, and monthly debts. The Ohio Housing Finance Agency (OHFA) may help eligible buyers with home-loan and down payment-assistance programs.
How Much Income Do I Need to Afford a $300,000 House in Ohio?
The income needed depends on the interest rate, down payment, debt-to-income ratio, property taxes, homeowners insurance, HOA dues, and other monthly debts. Ohio broker partners can use AD Mortgage’s Quick Pricer to explore estimated payments and available loan options.
How Much Are Closing Costs in Ohio?
Closing costs in Ohio often range from about 2% to 4% of the home purchase price, but the total varies by loan type, lender fees, county charges, title services, and prepaid taxes and insurance. Submit a Scenario Request for a property-specific estimate.
Are Property Taxes Included in a Mortgage Payment in Ohio?
They may be. Many Ohio mortgages include property taxes in a monthly escrow payment, which the loan servicer uses to pay the tax bill when due. Requirements vary by loan program, down payment, and lender guidelines.
Is AD Mortgage Licensed to Fund Loans in Ohio?
Yes. A&D Mortgage LLC is licensed in Ohio under Residential Mortgage Lending Act Certificate of Registration #RM.804825.000. Visit the Important Disclosures page for more licensing details.
Does AD Mortgage Have an Office in Ohio?
A&D Mortgage LLC is registered to conduct mortgage lending business in Ohio. Although we do not maintain a physical Ohio office, we support broker partners across the state with a full range of mortgage solutions.
Which Non-QM Programs Are Available to Broker Partners?
Yes. AD Mortgage is a top Wholesale lender, according to the Scotsman Guide, and ranks first on a 2024 Non-QM Top Wholesale Lender list. Visit our Non-QM program page to explore the solutions we offer – DSCR, Bank Statement, ITIN, Asset Utilization, and more.
Can Rental Income Be Used to Qualify for an Investment Property Loan?
Yes. AD Mortgage offers the DSCR loan program that allows eligible investors to qualify using a property’s rental income, without personal income or employment verification. Ohio investors may find our recent Investment Opportunities by State report useful – Ohio ranks among the top five states for real estate investment opportunities in the study.
Does AD Mortgage Offer Bank Statement Loans in Ohio?
Yes. Visit the Bank Statement program page for more information about this program for self-employed individuals borrowing up to $4 million.
How Do I Submit an Ohio Mortgage Scenario to AD Mortgage?
To submit a Scenario Request – whether for an Ohio loan or a scenario elsewhere coast to coast – fill out this form. Our managers will contact you within 30 minutes with a mortgage solution tailored to your client’s needs.
