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Get Matched Free →Hoosier Homes Down Payment Assistance
Funding status: Active
How much assistance
Up to 5% of the purchase price
Fully forgiven after 7 years if the buyer remains in the home as their primary residence. No monthly payments and no interest.
Eligibility
- Income limits: Household income must be at or below 80% of Area Median Income (AMI).
- First-time buyer required: No
- Credit score minimum: 640
- Geographic restrictions: Must purchase in an approved county: Adams, Allen, Clay, DeKalb, Fulton, Huntington, Jay, Kosciusko, LaGrange, Lake, LaPorte, Marion, Montgomery, Noble, Parke, Porter, Pulaski, Putnam, Randolph, Steuben, Sullivan, Vermillion, Vigo, Wabash, Wells, or Whitley.
- Homebuyer education required: Yes
How to Apply for Hoosier Homes Down Payment Assistance
Download the free Club 720 mobile app or visit club720.org to assess eligibility. After confirming eligibility, work with a participating lender to obtain pre-approval. Complete the required homebuyer education course.
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