Hoosier Homes Guide
What Minimum Credit Score Is Required?
Hoosier Homes requires a minimum credit score of 620 for all borrowers on the loan — then your first mortgage product and lender overlays must clear as well.
620 Minimum — Every Borrower
Hoosier Homes sets a clear credit floor: minimum credit score of 620 for all borrowers. That applies to every adult on the note — not only the primary applicant.
Your first mortgage still has to approve. FHA, VA, USDA, and HFA conventional products each carry their own credit expectations and AUS findings. Lender overlays can sit above the Hoosier Homes floor, so we underwrite to the stricter applicable rule.
Credit score does not change your assistance percentage. Location decides 4% vs. 5% (Targeted Areas / Hoosier Homes Plus) — score decides whether you clear the program gate.
At a Glance
How We Screen Credit With Hoosier Homes
A clean 620+ score is necessary — not always sufficient on its own.
Credit Score vs. Other Eligibility Gates
| Requirement | Hoosier Homes guideline |
|---|---|
| Credit score | 620 minimum for all borrowers |
| DTI | Up to 50% with AUS approval |
| First-time buyer | Not required |
| Income | County limits (waived in Targeted Areas) |
Keep Exploring
Related Hoosier Homes eligibility guides and program overviews.
First-Time Buyer Requirement
Repeat buyers are eligible — first-time status is not required.
Income Limits
County limits vs. Targeted Area waivers.
Maximum DTI Ratio
Up to 50% DTI with AUS approval.
Homebuyer Education
When the course is required for first-time buyers.
How Much Assistance?
4% vs 5% examples by first mortgage amount.
Hoosier Homes Overview
Full eligibility, counties, and cash rules.
Down Payment Assistance
Compare Hoosier Homes with other Indiana DPA.
Not Sure If Your Score Clears 620?
Ryan & Steve will review your credit profile against Hoosier Homes and first-mortgage overlays before you shop.
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.