Hoosier Homes Guide
Are There Income Limits for the Program?
Yes. Qualifying income limits apply based on county guidelines — but those limits may be waived in Targeted Areas when you qualify for Hoosier Homes Plus (5%).
Yes. Qualifying income limits apply based on county guidelines — but those limits may be waived in Targeted Areas when you qualify for Hoosier Homes Plus (5%).
In standard participating counties, Hoosier Homes uses qualifying income limits based on county guidelines. Your household income is screened against the chart that applies to the property county at the time of reservation and underwriting.
When the property sits in a designated Targeted Area (Hoosier Homes Plus), assistance rises to 5% of the first mortgage — and standard program income limits may be waived. Targeted Areas are specific census tracts within approved counties, not whole counties by default.
Ryan and Steve check income against the current county chart and verify the exact property address for Plus / waiver eligibility before you lean on either path.
Location and income travel together on a Hoosier Homes file.
Confirm the home is in an approved participating Indiana county. Income charts and assistance tiers both depend on that geography.
We calculate qualifying income under program rules and compare it to the county limit for standard 4% assistance.
If income is above the county limit — or you want the 5% tier — we verify whether the exact address falls in a Targeted Area census tract.
DASH reservation and final underwriting lock the applicable income rules for your closing. Guidelines can change between shopping and clear-to-close.
| Feature | Standard (4%) | Plus — Targeted Areas (5%) |
|---|---|---|
| Income limits | County guidelines apply | May be waived |
| Location rule | Approved participating county | County + Targeted Area tract |
| Assistance level | 4% of first mortgage | 5% of first mortgage |
| Best for | Buyers within county limits | Higher income or Plus geography |
Related Hoosier Homes eligibility guides and program overviews.
Repeat buyers are eligible — first-time status is not required.
620 minimum for all borrowers.
Up to 50% DTI with AUS approval.
4% standard vs 5% Plus by location.
Program overview and Standard vs Plus comparison.
Counties, Targeted Areas, and cash rules.
Compare Hoosier Homes with other DPA options.
Ryan & Steve will screen household income and property address against today’s Hoosier Homes charts before you shop.
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.