Hoosier Homes requires $0 borrower contribution toward the down payment. Learn what still affects your cash-to-close and how Ryan & Steve estimate it.
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Hoosier Homes requires $0 borrower contribution toward the down payment — the program is built to shrink cash-to-close, not force a minimum check from your savings.
Unlike some loan products that demand a minimum personal contribution, Hoosier Homes does not require you to bring your own funds toward the down payment. The 4% or 5% second loan is the assistance layer that covers that gap.
That does not mean every file closes with a blank cashier’s check. Prepaid items, escrows, title fees, and first-mortgage costs can still leave a cash-to-close figure after assistance is applied. The point of the program is to minimize — and often eliminate — that figure for buyers who qualify.
Ryan and Steve run a full cash-to-close estimate with Hoosier Homes stacked before you shop, so you know whether you need zero, a few hundred, or a shortfall plan (seller credit, gift, or another DPA path).
Assistance removes the mandatory down-payment check — these items still drive the final number.
Related cash, assistance, and pairing guides.
Ryan & Steve will stack Hoosier Homes on your first mortgage and show what — if anything — you need to bring to closing.
Program guidelines, income limits, and Targeted Area maps change. This page is educational — final eligibility is confirmed when your file is underwritten against current Hoosier Homes rules. This website is not directly affiliated with or endorsed by any government agency.