Buy 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…
Read MoreOpportunities with INHP: Request for Proposals
July 29, 2024 – INHP is seeking responses to requests for proposals (RFP) for the following projects. Proposals and questions should be sent to Jeff Howe. NEW CONSTRUCTION OF SINGLE-FAMILY HOME – 122 N. BRADLEY AVE. New construction single-family homeExecution of plans for the construction of a single-family home, at 122 N. Bradley Ave. INHP…
Read MoreRent-Focused Home Loans
Update: The promotional 4.99% interest rate officially ended Nov. 18, 2024. However, our Rent-Focused home loan program is still available. Talk to an INHP mortgage loan originator about our latest rates and terms. From now until the end of 2024, INHP is offering an exclusive interest rate of 4.99%* for rent-focused mortgage lending. This program…
Read MoreINHP 2023 Annual Report Now Available
Whether you’re unfamiliar with our organization or an advocate of all things INHP, our annual report is a user-friendly and inspiring overview of our key accomplishments in 2023. You’ll meet clients we’re privileged to serve, learn about the partnerships we’re proud to nurture, and stay abreast with how INHP is meeting new challenges and opportunities…
Read MoreState Farm Supports INHP Affordable Housing Programs with $35,000 Grant
As part of its commitment to supporting affordable housing for Hoosiers, State Farm has awarded $35,000 to Indianapolis Neighborhood Housing Partnership (INHP). The grant will provide INHP with philanthropic capital necessary to continue offering its wide range of affordable housing solutions – solutions for both consumers with low and moderate incomes and the neighborhoods in…
Read MoreOpportunities with INHP: Request for Proposals
June 21, 2024 – INHP is seeking responses to requests for proposals (RFP) for the following projects. Proposals and questions should be sent to Jeff Howe. NEW CONSTRUCTION OF SINGLE-FAMILY HOME – 2843 Washington Blvd. New construction single-family homeExecution of plans for the construction of a single-family home, at 2843 Washington Blvd. INHP desires construction…
Read MoreUnderwriting Explained
If you’ve ever lent something to a friend, whether it was a hundred dollars or your copy of Harry Potter and the Sorcerer’s Stone, you know there’s always the risk that you won’t get it back. It’s not very different for lenders. Before a bank or other financial institution decides to lend you money to…
Read MoreINHP Moved on July 1, 2024
The latest Indianapolis resident to move into a new home is…us! On July 1, INHP integrated its offices and operations to one location – Brougher Plaza – to allow departments and staff to work together more effectively and enhance the customer experience for both clients and partners. The new address is 2960 N. Meridian St.,…
Read MoreThree ways INHP helps you buy a home in a competitive market
Have you heard there’s a shortage of affordable homes in Indianapolis? Many people have been feeling the lack of housing options, especially when in March 2024, the median sales price for a single-family home in central Indiana grew to $293,000 – a 6.5% jump since this time last year. The price increase may make it…
Read MoreIBJ puts Community Lift In Focus
Photo credit: IBJ The April 26, 2024, issue of the Indianapolis Business Journal (IBJ) features Tierra Sims, an INHP client who is one of the first to obtain our Community Lift mortgage. This feature article, “Giving a ‘Hand Up’: Special Purpose Credit Programs Gain Traction with Local Lenders,” may be found in the FOCUS: Banking…
Read More