What Programs Are Available to First Time Indiana Home Buyers in June 2025?

Last updated: Friday, June 6, 2025

First time homebuyers in Indiana have several options available to them. Government-backed loans can allow you to get a home with a low down payment or poor credit. The government insures government-backed loans, meaning they pose less of a risk to a lender. Are you a pre-K – 12 teacher, emergency medical technician, firefighter or law enforcement officer? You can take advantage of the Good Neighbor Next Door program sponsored by the Department of Housing and Urban Development (HUD). Lastly, you may even qualify for a no money down mortgage loan in Indiana as a first-time buyer.

NO MONEY DOWN MORTGAGE LOAN IN INDIANA

NO MONEY DOWN MORTGAGE LOAN IN INDIANA

The dream of homeownership often comes face-to-face with the hurdle of a hefty down payment. But wait, what if we told you buying a house without putting a dime down isn’t just a fantasy? While truly “zero-down” mortgages may seem rare these days, First Option Mortgage of Indianapolis offers several programs to get you into your next home without putting any money down.

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UNLOCK YOUR DOOR.

NOT YOUR WALLET.

NOT YOUR WALLET.

  • Exclusive First Option Program
  • No Third-Party Companies or Hassles
  • No Cash Down to Buy a Home
  • No First-Time Buyer Requirement
Zero Down

Zero Down.
Zero Stress.

Ready to buy but struggling to come up with a down payment? No worries – our HomeStart* program is your pathway to homeownership in Indiana, with 100% financing from First Option Mortgage!

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Excellent
First Option Mortgage Indianapolis
5.0
Based on 430 reviews
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Gerlach H.
My wife and I had a great experience with Josh at First Option Mortgage. As first-time home buyers, we had a lot of questions, and Josh was always there for us to provide the answers in a personable, respectful and professional manner.
Jonathan H.
Had a great experience from start to finish, I was kept informed during the entire process. I would recommend the First option team to anyone.
Mary P.
Jarad, Brandon, and Brad were great to work with! They made the process so easy for me. I appreciate all you have done!
Lee K.
First Option made the mortgage process easy. The team was very friendly, helpful, and informative. This was my third house purchase and this was the best experience. I definitely recommend!
Kade K.
Jarad knew that a property was FHA eligible when the listing agent was unaware. This allowed the buyer to purchase a home they really liked and wasnt made available to other similar buyers. Jarad deserves alot of credit for this transaction.
MEGAN B.
Dustan and his team were amazing! We were in contact for months before we bought a home and he never once complained! Thank you Dustan and First Option Mortgage!!!!!!!!!
Shola I.
Thank you Josef for your professional guidance and help. Your customer service and delivery is top notch! Great job First Option!
Sam S.
I work night shift, and Dustin was great at becoming available any time of the day for all my questions. He is very knowledgeable, caring and will work hard to get the job done. The whole loan process felt very smooth and not overwhelming with his teams help. We were in a time crunch between accepting the sellers inspection offer and the closing date, but Dustin worked diligently to get our loan closed fast so we could get the house! It was very appreciated!
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Excellent
First Option Mortgage Indianapolis
5.0
Based on 430 reviews
See all reviews
review us on
Gerlach H.
My wife and I had a great experience with Josh at First Option Mortgage. As first-time home buyers, we had a lot of questions, and Josh was always there for us to provide the answers in a personable, respectful and professional manner.
Jonathan H.
Had a great experience from start to finish, I was kept informed during the entire process. I would recommend the First option team to anyone.
Mary P.
Jarad, Brandon, and Brad were great to work with! They made the process so easy for me. I appreciate all you have done!
Lee K.
First Option made the mortgage process easy. The team was very friendly, helpful, and informative. This was my third house purchase and this was the best experience. I definitely recommend!
Kade K.
Jarad knew that a property was FHA eligible when the listing agent was unaware. This allowed the buyer to purchase a home they really liked and wasnt made available to other similar buyers. Jarad deserves alot of credit for this transaction.
MEGAN B.
Dustan and his team were amazing! We were in contact for months before we bought a home and he never once complained! Thank you Dustan and First Option Mortgage!!!!!!!!!
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