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INHP launches Market Expander program

Innovative loan supported by the City of Indianapolis helps homebuyers with low incomes increase their purchasing power INDIANAPOLIS (Aug. 6, 2020) – The Indianapolis Neighborhood Housing Partnership® (INHP) continues to provide innovative home mortgage financing for families with low and moderate incomes with the launch of its newest loan program, the Market Expander. The program,…

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How mortgage lenders view co-signed student loans

If your kids are college-bound, you may want to think before co-signing on their student loans, especially if you’re considering moving. When you co-sign a student loan with your child, you may be impacting your ability to qualify for a home loan. Here’s how mortgage lenders view a co-signed student loan: A mortgage lender may…

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Two ways mortgage lenders view student loan debt

Are you paying off student loans and looking to buy a home? Here are the two ways mortgage lenders view student loan debt repayment and how each impact how much you can afford: Income based repayment: Income based repayment (IBR) is calculated based on your income and family size. It could be calculated to as…

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