The Ohio Housing Finance Agency (OHFA) provides:
Question & Answer
Review the question and all answer choices
Title insurance
Title insurance is provided by private insurance companies, not government housing agencies. OHFA does not insure property titles against defects or claims.
Affordable mortgage programs
Property appraisals
Property appraisals are conducted by licensed appraisers working for lenders or appraisal companies, not by state housing finance agencies.
Real estate licenses
Real estate licenses are issued by state real estate commissions, not housing finance agencies. These are separate regulatory bodies with distinct functions.
Why is this correct?
OHFA's primary mission is to provide affordable housing opportunities for Ohio residents through various mortgage programs, down payment assistance, and other housing initiatives. This directly aligns with option B, making it the correct answer.
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