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25201 Chagrin Boulevard
Suite 120
Beachwood, OH 44122

Phone: (216) 359-5580
Fax: (216) 359-5581

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    118 South Main Street P.O. Box 135 - Ada

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    25201 Chagrin Boulevard, Suite 120 - Beachwood

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    1120 North Main Street P.O. Box 849 - Bellefontaine

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    1454 South Main Street P.O. Box 670 - Bellefontaine

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    348 Center Street P.O Box 1078 - Chardon

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    3450 Niles-Cortland Road - Cortland

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    6215 Perimeter Drive - Dublin

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    100 East Franklin Street P.O. Box 234 - Kenton

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    10691 Main Street P.O. Box 648 - Mantua

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    160 Coleman's Crossing Blvd. - Marysville

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    15985 East High Street, P.O. Box 35 - Middlefield

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    30 South Maple Street, P.O. Box 66 - Orwell

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    490 South Jefferson Avenue - Plain City

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    10628 Sawmill Parkway - Powell

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    6134 Kruse Drive - Solon

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    492 West Cherry Street - Sunbury

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    2351 Edison Boulevard, P.O. Box 560 - Twinsburg

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    17 North State Street - Westerville

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Ohio Homebuyer Savings Account 2024

MB's Ohio Homebuyer Savings Account Helps You Earn More for Your First, Next, or Future Home.

This specialized savings account provides a higher interest rate and tax advantages used for a down payment and/or closing costs to your home.  Designed for all homebuyers, not just first-time buyers.

Plus, take advantage of a special offer with $750 off closing costs.

 

 

Homebuyer Savings Account 7 percent APR plus 750 off closing costs middlefield bank

 

Benefits:

  • Earn a Higher-Interest Rate
  • Contribute up to $100,000
  • Continue to save for up to five years
  • Deposits are federally insured by the FDIC
  • Deduct up to $5,000**

 

Frequently Asked Questions

Ohio Homebuyer Plus Participation Statement
 

  • Application Information

  • When do you plan on purchasing your home?
  • What type of homebuyer are you?
  • Application Type

  • Applicant

  • ID Type

  • Applicant Primary Address (Cannot be PO Box and must be in OHIO)

  • Applicant Mailing Address (If different than Primary Address)

  • Signature

 

* APY = Annual Percentage Yield. This product is a variable rate account and rates are subject to change without notice. $100 minimum to open
the account and balance to obtain the APY. APY is 7.00% and accurate as of July 15th, 2024. Must be 18 or older at time of account opening. There is a maximum contribution limit of $100,000. Account duration is limited to 5 years. Individually-owned account, joint accounts not permitted. Only one account per individual across all participating financial institutions. Fees may reduce earnings. See bank for complete details.

** Individual tax deduction limited to $5,000 per year on State of Ohio tax return. Additional tax deduction may apply if filing jointly. Consult a tax
advisor regarding individual circumstances, potential federal tax implications, or the Internal Revenue Service.

*** OHP $750 Off Closing Costs: Available for first lien residential mortgage loans. Property must be owner-occupied. This offer is not available for Home Equity Line of Credit or Home Equity Loans.  present this offer on your mobile device or present the ad at the time of application or no later than providing intent to proceed with loan. The $750 closing cost credit cannot exceed the actual amount of closing costs (after deducting any applicable seller credits) and prepaid interest escrow reserves. All applicants are subject to credit approval and must satisfy the Bank’s lending conditions. Property insurance required. Flood insurance may be required. Additional fees may apply. This offer valid for loans meeting program criteria AND must have an MB Ohio Homebuyers Savings accounts opened between June 3, 2024 through December 31, 2024 that is active and in good standing. One offer per purchase/residence. Not combinable with other offers. Promo Code: OHP24750