INDIANA- HCDA offers three purchase products to assist Hoosiers in realizing their homeownership goals.
First Step offers 6% down payment assistance (DPA) on the purchase price of a home. Borrowers don’t need to worry about making payments or accumulating interest on the DPA second mortgage during the 30-year term. The payoff is due when the term ends or they decide to sell or refinance. Those funds are then recycled for the next Hoosier homebuyer.
Learn more about our homebuyer programs and participating lenders HERE.