What Programs Are Available to First Time Indiana Home Buyers in September 2026?

Last updated: Saturday, September 12, 2026

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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First Option Mortgage Indianapolis
Based on 562 reviews
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Matthew S.
Ryan Becherer is a great guy to work with and first time home buyer friendly, helped me out and explained every step along the way. I recommend his services fully and would look forward to working with him again in the future.
Patrice S.
Clark at First Option is an excellent experience. He's very responsive, knowledgeable and always solution-focused. He made the transaction seamless for both the client and the agent. I'd gladly partner with him again for any future deals!
Sarah S.
Mark and the team he worked with for us was awesome! It was super quick & easy. The communication was amazing! 10/10 recommend.
The Smalling G.
Mark Weddle is one amazing lender! First Option Mortgage has great reputable mortgage representatives and Mark was top-notch level.
Jessica B.
Clark was amazing! His communication was great, he answered all questions and made our first time buying a home very pleasant we will only be using for anything in the future!
Patrice S.
Clark at First Option is an excellent experience. He's very responsive, knowledgeable and always solution-focused. He made the transaction seamless for both the client and the agent. I'd gladly partner with him again for any future deals!
Mike M.
They’re incredible. Start to finish. I could write a novel about how seamless the whole team made our home buying experience.

They communicate everything. If you have questions, call or text and it’s answered with a plan of action for the next step.

I recommend to anyone.

As a first time home buyer, I had so much to learn and they walked me through everything so thoroughly. When it was time for pen to paper, I felt like I had been there before.
Brian B.
Clark and his team made my loan process so easy, while putting my best interests as their number one priority. Clark Sigmund was top notch in communication and ensured that any questions we had were answered, as well as provided in depth information into the entire process. I will definitely be doing business with Clark and his team at First Option in the future, and I will be referring them to my family and friends.
Excellent
First Option Mortgage Indianapolis
Based on 562 reviews
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review us on
Matthew S.
Ryan Becherer is a great guy to work with and first time home buyer friendly, helped me out and explained every step along the way. I recommend his services fully and would look forward to working with him again in the future.
Patrice S.
Clark at First Option is an excellent experience. He's very responsive, knowledgeable and always solution-focused. He made the transaction seamless for both the client and the agent. I'd gladly partner with him again for any future deals!
Sarah S.
Mark and the team he worked with for us was awesome! It was super quick & easy. The communication was amazing! 10/10 recommend.
The Smalling G.
Mark Weddle is one amazing lender! First Option Mortgage has great reputable mortgage representatives and Mark was top-notch level.
Jessica B.
Clark was amazing! His communication was great, he answered all questions and made our first time buying a home very pleasant we will only be using for anything in the future!
Patrice S.
Clark at First Option is an excellent experience. He's very responsive, knowledgeable and always solution-focused. He made the transaction seamless for both the client and the agent. I'd gladly partner with him again for any future deals!