Five Categories that Determine Your Credit Score
Want to buy a house, but you’re not sure if your credit score is high enough? Understanding credit can be confusing, but INHP can help. How credit scores work: If you’ve ever used a credit card or had a car loan, you have a credit history – a borrowing and repayment record that lets businesses…
Read MoreOpportunities with INHP: Request for Proposals
The Indianapolis Neighborhood Housing Partnership (INHP) is seeking responses to requests for proposals (RFP) for the following project. Proposals and questions should be sent to Jeff Howe. NEW CONSTRUCTION SINGLE-FAMILY HOME Execution of plans for the construction of a single family home at 720 E. 25th St. INHP desires construction to begin no later than…
Read MoreLearn Home Loan Lingo Fast with INHP
Buying a home for the first time – or even the hundredth time – can be intimidating. But once you learn the homebuying lingo, it’s much easier to make decisions that work best for your life and budget. Here are a few terms to get you started: Lender – a bank or other financial institution,…
Read MorePrep Your Home for Colder Months with Easy Fall Maintenance
Fall is in the air! Colder weather will be here before you can say “it’s pretty cold in here.” Preparing your home now for the colder months ahead could save you headaches, money and chattering teeth. Here are a few fall home maintenance tasks to complete: Shut Down Outdoor Faucets – Remove any hoses and…
Read MoreThree Tips for Buying a Home in Fall
While spring might be considered official homebuying season, there are good reasons for home shopping this fall. The first – and most timely – is the recent cut to interest rates by the Federal Reserve (the Fed) for the first time in four years. This is a huge win for homebuyers in terms of making…
Read MoreBoosting Homeownership During Hispanic Heritage Month
During Hispanic Heritage Month, we continue to encourage our local Latino neighbors to “Dream Big” (soñar en grande) about homeownership. It’s true that less than half of the Latino population are homeowners (U.S. Census data, 2019) and, in Marion County alone, Hispanic borrowers have a 10.7% mortgage denial rate (Home Mortgage Disclosure Act data, 2022).…
Read MoreExploring Homeownership Shouldn’t Be Hard: INHP Switches to Soft Credit Pulls
INHP recently updated its registration process by eliminating the hard credit pull. Now, when you register with INHP, we will run a soft credit check for $35 to evaluate your financial status without negatively impacting your credit score. Why does INHP check your credit? Knowing your credit history will help us assess your financial situation…
Read MoreWhat Homebuyers MUST Know About New Real Estate Rules
“Who pays the agent?!” Starting August 17, 2024, groundbreaking new rules in the real estate industry changed how homebuyers pay and work with their agents. It will take time for homebuyers, sellers and their agents to adjust. In the meantime, it’s never been more important that homebuyers – especially first-time homebuyers – understand how to…
Read MoreRequest for Proposals: HVAC professionals
The Indianapolis Neighborhood Housing Partnership (INHP) is seeking proposals from qualified HVAC professionals (contractors) to perform a replacement and energy efficiency upgrade of HVAC units located at William Penn apartments – 1920 Westview Dr. Download and view the proposal here: HVAC RFP 2024 Proposal submissions are due by noon, September 6, 2024, to Kristin Settle,…
Read MoreBuy Smarter: Recognize and Avoid Predatory Lending
The process of buying a home can feel overwhelming, especially when it’s coupled with today’s high home prices. Before making such a significant purchase, it is essential to find home financing you can trust to be affordable and maintainable by recognizing and avoiding predatory lending. Predatory lending is any deceptive, unfair and fraudulent tactic used…
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