It’s homebuying season! If you’re thinking about buying a home this spring, you might have questions about how much money you need for a monthly payment, what’s included in a monthly payment or how much money you need for a down payment.
In this Indy Style segment on WISH-TV, Trevor Meeks, trusted expert and VP of single-family lending, breaks down the numbers around paying for a home.
Do you need a little help with down payment funds? INHP offers up to $7,500 in down payment assistance funds to qualifying homebuyers who choose to finance their home with INHP.
Funds may be used for closing costs and other pre-paid lending expenses like homeowner’s association dues or insurance.
- Only available with INHP first mortgages
- Home purchased must be in Marion County
- Home purchased must be the primary residence for five years after closing
- Income restrictions apply
- Home inspection required