Special Loan Program For 1st Time Buyers In IN
Looking to purchase your 1st residence in Indiana but find yourself at a loss as to where to turn for a mortgage loan? Look no further. First time home buyer loans in Indiana are provided by the Indiana Housing and Community Development Agency (IHCDA). Not only do they provide below-market rates on your first mortgage loan, they also provide other rewarding programs for 1st time home buyers.
Here are some details on IHCDA’s loan program:
Indiana Housing and Community Development Authority’s Participating LendersThank you for your interest in Indiana Housing and Community Development Authority’s (IHCDA) Homeownership programs! Within the following document, you will be able to locate Lenders that are registered and qualified to work with you through the process of purchasing your home.General Instructions- Click on a county on the left to see participating lenders.- Each county lists lenders who participate in our individual homeownership programs and their phone numbers.- Your next course of action would be to contact your participating lender of choice to let them know you are in the process of buying your home and are interested in IHCDA’s programs. As your lender, they will try to qualify you for the first mortgage and help you through the IHCDA process.General IHCDA InformationPhone: 317-232-7777 or 800-872-0371Fax: 317-232-7778
For complete details on this loan, including contact information and instructions on how to apply, please visit this IHCDA loan information page.
More Indiana First Time Buyer Resources
In addition to the above first time homebuyer loan from IHCDA, there are resources available as well. Be sure to visit Indiana down payment assistance, as well as our page that shares details about grants available in IN to purchase your first home.