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:

• Can be used to purchase new and existing homes

• Available in all 92 counties in Indiana

• Loans are limited to 30-year fixed rate mortgages.

• First time homebuyer requirements may apply depending upon purchase location.

• Available loan types: FHA or Conventional

Get started today with 3 easy steps.

• Step 1: Do a quick check to find out what homebuyer program is right for you.

• Step 2: Then contact an IHCDA participating lender to get started.

• 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:

• You are purchasing a home in Indiana.

• The home will be used as your primary residence within 60 days of closing.

• Maximum household income requirements vary by family size and home location.

• You have a credit score of 640 or greater.

• 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.