Hoosier Homes Guide
Are There Income Limits for the Program?
Yes. Qualifying income limits apply based on county guidelines — but those limits may be waived in Targeted Areas when you qualify for Hoosier Homes Plus (5%).
County Limits — With a Targeted Area Exception
In standard participating counties, Hoosier Homes uses qualifying income limits based on county guidelines. Your household income is screened against the chart that applies to the property county at the time of reservation and underwriting.
When the property sits in a designated Targeted Area (Hoosier Homes Plus), assistance rises to 5% of the first mortgage — and standard program income limits may be waived. Targeted Areas are specific census tracts within approved counties, not whole counties by default.
Ryan and Steve check income against the current county chart and verify the exact property address for Plus / waiver eligibility before you lean on either path.
At a Glance
How Income Screening Works in Practice
Location and income travel together on a Hoosier Homes file.
Standard vs. Plus Income Treatment
| Feature | Standard (4%) | Plus — Targeted Areas (5%) |
|---|---|---|
| Income limits | County guidelines apply | May be waived |
| Location rule | Approved participating county | County + Targeted Area tract |
| Assistance level | 4% of first mortgage | 5% of first mortgage |
| Best for | Buyers within county limits | Higher income or Plus geography |
Keep Exploring
Related Hoosier Homes eligibility guides and program overviews.
First-Time Buyer Requirement
Repeat buyers are eligible — first-time status is not required.
Minimum Credit Score
620 minimum for all borrowers.
Maximum DTI Ratio
Up to 50% DTI with AUS approval.
How Much Assistance?
4% standard vs 5% Plus by location.
What Is Hoosier Homes?
Program overview and Standard vs Plus comparison.
Hoosier Homes Overview
Counties, Targeted Areas, and cash rules.
Down Payment Assistance
Compare Hoosier Homes with other DPA options.
Need Your Income Checked Against Current Limits?
Ryan & Steve will screen household income and property address against today’s Hoosier Homes charts 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.