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Find similar grantsIndiana First Step Program is sponsored by Indiana Housing & Community Development Authority (IHCDA). This program offers eligible homebuyers up to 6% of a property's purchase price as non-forgivable down payment assistance. It must be used with a 30-year fixed-rate FHA or conventional mortgage.
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IHCDA: Homeownership Programs Does HUD Owe You A Refund? Homeowners with an FHA mortgage may be eligible for a refund from HUD. The mission of HUD's Office of Financial Services - Single Family Insurance Operations Division (SFIOD) is to pay eligible homeowner refunds or distributive share payments.
HUD will make every effort to ensure payment owed to homeowners is done in a cost-effective and timely manner.
Click to HERE to learn more Down Payment Assistance (DPA) 30 Year Fixed-Rate mortgage *Must be first time homebuyer or purchase in targeted census tract Click here to access the Homeownership Program Guide Rate Only Purchase Option 30 Year Fixed-Rate mortgage *Must be first time homebuyer or purchase in targeted census tract Click here to access the Homeownership Program Guide Down Payment Assistance (DPA) of 2. 50% or 3.
50% Based on the purchase price Not to exceed the appraised value FHA or Conventional 30-year fixed rate loan Click here to access the Homeownership Program Guide One-time refinance opportunity for IHCDA First Place and First Step mortgages 30 Year Fixed-Rate mortgage Click here to access the Homeownership Program Guide Archive IHCDA Program Guides First Place Program Guide - Conventional First Place Program Guide - FHA Next Home Program Guide (includes MCC) Next Home Conventional (Mae & Mac) Program Guide (includes MCC) Apply for energy assistance Learn about Section 8 / Housing Choice Vouchers Find out about down payment assistance to purchase a home
Based on current listing details, eligibility includes: Applicants must be first-time homebuyers in Indiana (or buying in a designated area), purchase a home in Indiana as their primary residence, meet income and purchase price caps, have a credit score of 640 or greater, an… Applicants should confirm final requirements in the official notice before submission.
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