Ohio Homebuyer Plus makes specialized, tax-advantaged savings accounts available to Ohioans to assist them on their homebuying journey. Individuals who open an account through this program will have access to above-market interest rates that will help them to save and grow their money faster.
For more information about the Ohio Homebuyer Plus program, please visit: ohiotreasurer.gov/homebuyerplus.
Please note: Individuals are required to review the Ohio Homebuyer Plus participation statement prior to opening an account through the program. You can review the participation statement at: https://tos.ohio.gov/Files/Pdfs/Ohio Homebuyer Plus/Ohio Homebuyer Plus_Participation Statement v1.3 RV032525.pdf
Ohio Homebuyer Plus Savings Account Rates
Rates effective as of DATE, unless noted.
| Balance | Rate | APY* |
|---|---|---|
| $500.00 - $100,000.00 | 7.00% | 7.25% |
*APY = Annual Percentage Yield. Rates are subject to change without notice. Sun Federal membership required. To become a member of Sun Federal Credit Union, a savings account with a minimum deposit of $5.00 is required at opening in addition to the Ohio Homebuyer Plus Savings Account to qualify. A minimum deposit of $500 is required. Members must maintain a minimum balance of at least $500 to earn 7.00% Rate/7.25%APY. Maximum deposit allowable of $100,000. Dividends can take the balance above $100,000 and are compounded daily. Account balances under $100,000 have a maximum duration of five years and must be used for a qualified home purchase in Ohio. For balances reaching $100,000, funds must be used within the next 12 calendar months for a qualified home purchase in Ohio. Requirements: Applicant must be at least 18 years of age. Members shall hold not more than one Ohio Homebuyer Savings Program account at any one time except as allowed in the Ohio Homebuyer Savings Plus Participation Statement. Account cannot be held jointly. For complete details about the Ohio Homebuyer Plus program, please visit: ohiotreasurer.gov/homebuyerplus.