Resources for Home Buyers
Interested in buying a home? The Indiana Housing and Community Development Authority (IHCDA) makes buying a home a reality for thousands of Hoosier families every year. They offer programs that assist Hoosiers with making down payments, getting low interest rate loans and receiving a tax credit. In every county across Indiana, there are lenders on hand to help with all the programs they offer.
About the Program:
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Can be used to purchase new and existing homes
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Available in all 92 counties in Indiana
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Loans are limited to 30-year fixed rate mortgages.
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First time homebuyer requirements may apply depending upon purchase location.
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Available loan types: FHA or Conventional
Get started today with 3 easy steps.
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Step 1: Do a quick check to find out what homebuyer program is right for you.
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Step 2: Then contact an IHCDA participating lender to get started.
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Step 3: Once qualified, it's time to find a realtor.
Step 1: Is an IHCDA homebuyer program right for me?
You may be eligible for an IHCDA homebuyer program if:
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You are purchasing a home in Indiana.
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The home will be used as your primary residence within 60 days of closing.
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Maximum household income requirements vary by family size and home location.
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You have a credit score of 640 or greater.
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You are a legal resident of the United States.
Step 2: Contact a Lender
Get qualified by contacting an IHCDA participating lender today.
Step 3: Find a Realtor
Choose your own realtor or contact one by visiting the Indiana Association of Realtor's website.
For more information visit: www.in.gov/ihcda/homeownership.