The Affordable Home homeownership program through the Indiana Housing & Community Development Authority offers first time home buyers a chance to get an FHA loan at an interest rate below the market rate. They do need to have their own down payment use an approved FHA source though. Still, for many this is a great […]
What is Indiana’s Affordable Home Program?
Indiana’s Affordable Home Program funds loans using FHA financing, but it doesn’t help home buyers out with down payment assistance or closing cost assistance. So, home buyers who have saved enough funds to cover their own down payment and closing costs can go after this program. The loan has to meet all FHA financing requirements […]