The Freddie Mac Home Possible® mortgage offers more options and credit flexibilities than ever before to help low to moderate income borrowers attain their dream of owning a home. In addition to its down payments requirements of as little as 3%, Home Possible offers competitive pricing and the ease of a conventional mortgage.
The Home Ready program through Hallmark Home Mortgage is designed for creditworthy, low to moderate income borrowers. It provides expanded eligibility and flexibility for financing homes in designated low income, minority and disaster impacted communities while supporting sustainable homeownership. Are you Home Ready?
Achieve the dream of home ownership with little to no money out of pocket using the Indiana Housing & Community Development Authority (IHCDA) down payment assistance programs. Assistance is based on the loan type and eligible homeowners can receive a forgivable grant of up to 4% of the home’s purchase price that can be applied toward down payment, closing costs or obtaining low interest fixed rate loans. Below is a brief overview of the programs that are offered:
IHCDA FIRST PLACE
MORTGAGE CREDIT CERTIFICATE
NEXT HOME COMBO
MSHDA HOME LOAN FLEX PROGRAM
YOUR CHOICE! DOWN PAYMENT ASSISTANCE
GRANTS FOR GRADS
MORTGAGE TAX CREDIT