All Hoosiers should have the opportunity to live in safe, affordable and good-quality housing. That’s why First Bank has partnered with the Indiana Housing and Community Development Authority (IHCDA) to offer qualified home-buyers this home financing opportunity.

• Available to any qualified home buyer, not just first-time buyers.(Subject to county)
• Both new and existing homes qualify. (Home being purchased must be the primary residence of the buyers.)
• Offers eligible buyers an interest rate generally below the market rate.
• Interest rate is for a 30-year, fixed rate mortgage.

Am I eligible?

The following criteria are used to determine whether you qualify for a loan through the Indiana Housing program.

• Do you qualify as a first-time home-buyer, or are you buying a home in a federally-targeted area?
• Is your income under the limit for your county?
• Does the type of home you want to buy qualify for the program?
• Is the acquisition price of the home you want to buy under the limit for your county?

Contact any of the First Bank mortgage professionals for help with the above questions. They will be able to assist you with the entire loan process, from determining what you can afford to processing all of the necessary paperwork.