Question 1

Does Indiana have any first-time homebuyer programs?

Accepted Answer

Yes, Indiana has first-time homebuyer programs that can help homebuyers with down payment and closing costs. These programs include the FP program offered by the Indiana Housing & Community Development Authority as well as federal programs like VA and USDA home loans.

Question 2

What qualifies me as a first-time homebuyer in Indiana?

Accepted Answer

You qualify as a first-time homeowner in Indiana if you have not owned a home in the past three years. Apart from first-time homeownership, assistance programs may also have specific income and credit requirements.

Question 3

Can you buy a house in Indiana with no down payment?

Accepted Answer

Yes, you can buy a house in Indiana with zero down payment. Federal programs like VA home loans for those with a military background and USDA home loans for rural areas do not require the buyer to have a down payment to be eligible.

Question 4

Who can help me with my down payment on a house in Indiana?

Accepted Answer

You can get assistance with your down payment in Indiana from the Indiana Housing & Community Development Authority, which offers FP assistance and Homeownership Opportunities Program (HOP). Assistance is also available through the U.S. Department of Veterans Affairs and the U.S. Department of Agriculture.

First-Time Homebuyer Programs in Indiana

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