Ohio Code § 5315.03

Ohio Code § 5315.03. Reproduced from the official Ohio Revised Code, with a citation summary, verification link, and related provisions.

§ 5315.03.

(A) An applicant to the D.O.L.L.A.R. deed program shall submit both of the following

to the loss mitigation department of the lender of the mortgage that is in default: (1) An application form as set forth in section 5315.02 of the Revised Code ; (2) A request for modification and affidavit form developed under the home affordable

modification program. (B) To qualify for the program, all of the following shall apply: (1) The applicant need not be eligible for another mortgage loss mitigation alternative

or program. (2) The applicant's front-end and back-end debt-to-income ratios must fall below the

current ratios set for the home affordable modification program at the time the application

is submitted to the lender. (3) The applicant must occupy the residence. (C) The lender shall respond to the applicant in writing not later than thirty days after

the date the lender receives all application documents. (D) The lender is not required to participate in the program.

Source: official Ohio text · Last verified 2026-08-27

At a glance

  • Citation: Ohio Revised Code § 5315.03
  • Jurisdiction: Ohio
  • Code: Ohio Revised Code
  • Text: transcribed from the official source (verify below)

Verify the text

Statute text is transcribed from the official Ohio Revised Code. Confirm it against the primary source before relying on it:

Not legal advice. Verify against the official source and consult a licensed Ohio attorney.

Common questions

What is the source of Ohio Revised Code § 5315.03?

The text above is transcribed from the Ohio Revised Code, the codified statutes of Ohio. The official publisher link appears under "Verify the text" on this page.

What subject does Ohio Revised Code § 5315.03 address?

It addresses the rule set out in the section text. Read the section together with the surrounding provisions listed under "Nearby provisions" for the full picture.

Is Ohio Revised Code § 5315.03 still in force?

Statutes are amended, repealed, and renumbered every session. Confirm the current version at the official Ohio source before relying on this text.

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