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Hoosier Homes Guide

How Do I Know If a Property Qualifies for the 5% Hoosier Homes Plus DPA?

The 5% Hoosier Homes Plus tier requires the property to be in both an approved county AND a designated Targeted Area census tract.

Two Requirements for 5%

1. Approved county

The property must be in one of the 26 approved Indiana counties.

2. Targeted Area census tract

The specific address must fall within a designated Targeted Area — typically defined at the census tract level, not the whole county.

Bonus: Income limits waived

Properties in Targeted Areas also qualify to have standard program income limits waived — opening the door for higher-earning buyers.

We verify every address against current IHCDA maps before you write an offer. Send us the address and we'll check it.

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The 2 Mortgage Guys

Ryan Minick and Steve DeLon — Branch Managers & Senior Loan Officers at Luminate Bank. Based in Kokomo, Indiana. Lending nationwide since 2005.

Contact

(765) 450-8933

[email protected]

Ryan Minick NMLS# 203249

Steve DeLon NMLS# 202876

Luminate Bank NMLS# 1281698

Kokomo's Mortgage Team. Lending Nationwide.

1221 Appletree Lane, Kokomo, IN 46902

NMLS Consumer Access

Luminate Bank NMLS 1281698 Bank Headquarters 2523 S. Wayzata Blvd., Suite 100 Minneapolis, MN 55405 (952) 939-7200. This is not an offer to enter into an agreement. Information provided is outlining the minimum down payment requirements as allowed by specific loan program and product guidelines and any information, rates and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Luminate Bank is not affiliated with any government agency. All rights reserved.

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