Hoosier Homes Guide
What Main Loan Types Work With Hoosier Homes DPA?
Hoosier Homes pairs with FHA, VA, USDA, Fannie Mae HFA Preferred, and Freddie Mac HFA Advantage — all as 30-year fixed first mortgages.
Government-Backed and HFA Conventional Pairings
The DPA layer sits behind a supported first mortgage. Your credit, DTI, occupancy, and property still have to clear both the first lien and Hoosier Homes — Ryan and Steve structure the pairing so overlays do not conflict.
Assistance remains 4% or 5% of the first mortgage amount based on location, regardless of which supported loan type you use.
If a product outside this list is a better fit for your scenario, they will screen other Indiana DPA options instead of forcing a mismatched stack.
At a Glance
Supported First Mortgages
These are the main loan types that work with Hoosier Homes DPA.
How the Stack Works
| Layer | Role |
|---|---|
| First mortgage | FHA, VA, USDA, or HFA conventional 30-year fixed |
| Hoosier Homes DPA | 4% or 5% second loan toward DP / closing costs |
| Monthly payments | Paid on the first mortgage only — no payment on the aid layer |
| Product choice | Driven by credit, income, property, VA/USDA eligibility, and overlays |
Keep Exploring
Related Hoosier Homes pairing and eligibility guides.
Where Is Hoosier Homes Available?
Participating counties and occupancy rules.
Eligible Property Types
Homes that can pair with Hoosier Homes DPA.
5% Hoosier Homes Plus Eligibility
How Targeted Areas unlock the higher tier.
Investment or Second Home?
Primary residence only — rentals and vacation homes do not qualify.
Homebuyer Education
When the course is required for FTHB borrowers.
Hoosier Homes Overview
Full eligibility, forgiveness, and cash rules.
Down Payment Assistance
Compare Hoosier Homes with other DPA programs.
Not Sure Which First Mortgage Fits?
Ryan & Steve will compare FHA, VA, USDA, and HFA conventional with Hoosier Homes stacked — then build a pre-approval around the pairing that actually qualifies.
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.