Co-signers are not allowed with Hoosier Homes. Occupying co-borrowers who will live in the home and clear credit, DTI, and program screens can still be evaluated together on the file.
Hoosier Homes is for an owner-occupied primary residence that must be occupied within 60 days of closing. Across The 2 Mortgage Guys’ DPA lineup — including Hoosier Homes — co-signers are not allowed.
That blocks the common “parent signs but does not move in” structure. If you need a second person on the loan, they should be an occupying co-borrower who will live in the home, meet the 620 credit minimum, and clear income / DTI guidelines with you.
Ryan and Steve confirm the correct borrower set before reservation in DASH — so you do not build an offer around a structure the program cannot fund.
Structure the file around occupancy and program overlays from day one.
| Structure | Hoosier Homes fit |
|---|---|
| Single occupying borrower | Standard path when guidelines clear |
| Two occupying co-borrowers | Allowed when both meet credit / occupancy |
| Co-signer / non-occupying support | Not allowed |
| Need outside credit help | We compare other loan / DPA options |
Related eligibility and household guides.
How household income and occupancy work when a spouse stays off the note.
620 minimum for all borrowers on the file.
Up to 50% DTI with AUS approval.
When the course is required for FTHB borrowers.
Primary residence only — occupancy is non-negotiable.
Full eligibility, counties, and cash rules.
Compare Hoosier Homes with other DPA programs.
Ryan & Steve will map occupying co-borrowers vs. structures Hoosier Homes cannot fund — then build a pre-approval around a clean borrower set.
Program guidelines, income limits, and Targeted Area maps change. This page is educational — final eligibility is confirmed when your file is underwritten against current Hoosier Homes rules. This website is not directly affiliated with or endorsed by any government agency.