Indiana down payment help
with no income limits
Indiana’s DPA programs turn away buyers who earn above their income caps every day. HOPER doesn’t have income limits. Get up to $13,000 toward your FHA home purchase — no income test, no repayment, no second lien.
Available across Indiana including:
See If You Qualify for HOPER
Takes 60 seconds. No credit pull. We’ll call you within 5 minutes.
How much could you receive
on your Indiana home?
Enter your estimated purchase price and see your HOPER funds instantly.
* Maximum $13,000. Actual amount subject to program eligibility.
Every Indiana down payment program
— compared
IHCDA income limits vary by county — in Marion, Hamilton, and Hendricks counties limits are around $90,000-$105,000. Here is the full picture including what HOPER does differently.
| Program | Max Assistance | Income Limit | Repayment | Who Gets Left Out |
|---|---|---|---|---|
| IHCDA Next Home | Up to 3.5% of price | Yes — income restricted | Yes — income capped | Forgiven after 2 yrs |
| IHCDA My Home | Up to 6% | Yes — income restricted | Yes — AMI restricted | Deferred |
| City of Indianapolis DPA | Up to $14,999 | Yes — income restricted | Yes — 80% AMI | Forgivable |
| Marion County DPA | Varies | Yes — income restricted | Yes — income restricted | Second lien |
| ✦ HOPER via CloseReady | Up to $13,000 (3.5%) | No income limit | Never — $0 repayment | Nobody — all FHA buyers welcome |
HOPER is available across
all of Indiana
No geographic restrictions — if you are buying with an FHA loan anywhere in Indiana, you may qualify for HOPER.
Median FHA home price: $210,000–$360,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Median FHA home price: $160,000–$280,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Median FHA home price: $180,000–$320,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Median FHA home price: $140,000–$250,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Median FHA home price: $280,000–$450,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Median FHA home price: $100,000–$200,000. Indiana buyers in this market can leverage HOPER funds to close the down payment gap without taking on additional debt or liens.
Indiana Homebuyer Assistance in 2025
Indiana’s Affordable Market With a Real Gap
Indiana remains one of the most affordable states in the Midwest for FHA homebuyers — but affordability is relative when you’re paying $1,200 per month in rent and trying to save $8,000 to $12,000 for closing costs. Indianapolis in particular has seen significant price appreciation since 2020.
IHCDA’s programs help many Indiana buyers, but income limits and the 2-year forgiveness period for the second lien create complications that HOPER simply doesn’t have. No lien means no complications at sale or refinance.
How HOPER Works for Indiana FHA Buyers
HOPER provides up to 3.5% of the purchase price (maximum $13,000) as research participant compensation through Attainable Housing Advocates. There is no repayment requirement and no second lien placed on your Indiana home. Funds can be applied toward your down payment, closing costs, a rate buydown, or qualified debt payoff.
Indiana has a significant manufactured housing market particularly in rural northern and southern Indiana. HOPER supports FHA manufactured home loans statewide.
Indiana homebuyer questions
answered
Is there down payment assistance in Indiana with no income limit?
Yes. HOPER, available through CloseReady, has no income limits. Indiana’s state DPA programs have income caps — but HOPER is open to any FHA-eligible buyer in Indiana regardless of income.
How much down payment help can I get in Indiana?
Through HOPER, Indiana buyers can receive up to 3.5% of their purchase price with a maximum of $13,000. There are no income limits and no repayment required.
Is HOPER available statewide in Indiana?
Yes. HOPER is available statewide across Indiana with no geographic restrictions. All Indiana counties are eligible.
Do I have to repay HOPER funds in Indiana?
Never. HOPER funds are research compensation — not a loan. There is no repayment requirement and no second lien placed on your Indiana home.
Can I use HOPER if I earn too much for Indiana’s DPA programs?
Yes. HOPER has no income limit. If you have been turned away from Indiana DPA programs for earning too much, you may still qualify for HOPER.
Indiana buyers — your home is closer than you think.
Check your HOPER eligibility free. No income test. No credit pull. We call you in 5 minutes.
Check My Indiana Eligibility — Free →Available statewide across all Indiana counties