Learn 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 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 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 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…
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