State Program

Indiana Foreclosure Prevention Network

Provides counseling and financial assistance to Indiana homeowners facing foreclosure or hardship.

Program Details

### Program Overview

### Indiana Foreclosure Prevention Network (IFPN)

The **Indiana Foreclosure Prevention Network** helps homeowners in crisis by connecting them with trained housing counselors, legal aid, and hardship assistance. It serves as a central resource for Hoosiers to avoid foreclosure and stay in their homes.

**Key Services:**
- Counseling from HUD-approved agencies
- Help with loan modifications or reinstatement
- Referrals to mortgage assistance programs

**Key Features:**
- Affordable rates
- Support for homeownership
- Available statewide

**Who Should Use This Program?**
- First-time homebuyers looking for affordability
- Low- to moderate-income families
- Residents seeking long-term housing stability

**What You Need to Know**
- Program eligibility varies by income and location
- You may be required to complete a homebuyer course
- Assistance may be structured as a grant or loan

**Next Steps**
1. Review eligibility requirements and program benefits
2. Contact a participating lender or city agency
3. Gather financial documents and prepare to apply
4. Complete homebuyer counseling if needed
5. Finalize your loan and receive program benefits

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### πŸ” Key Features
- Tailored to Indiana homebuyers
- Access to financial assistance
- Available through approved lenders statewide

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### πŸ‘€ Who Is This Program For?
This program is ideal for:
- First-time or repeat homebuyers in Indiana
- Households with limited income or savings
- Buyers seeking predictable monthly mortgage payments
- Individuals needing help with upfront costs like down payments or closing fees

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### πŸ“Œ What Sets It Apart?
- Competitive interest rates and loan terms
- Potential combination with federal or local incentives
- Emphasis on sustainable homeownership and financial stability
- Support from certified housing counselors

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### πŸ“ How to Get Started
1. Visit the [official program website](#) or contact an approved IHCDA lender.
2. Gather documentation (proof of income, credit report, home purchase agreement, etc.).
3. Complete a required homebuyer education course if applicable.
4. Submit your application and await approval.
5. Close on your new home and enjoy the benefits of homeownership.

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Eligibility Requirements

- Must be an Indiana homeowner
- Must be experiencing financial hardship (e.g., job loss, illness)
- Must be at risk of default or foreclosure

Program Benefits

- Avoid foreclosure
- Receive free expert advice
- Access emergency financial support

How to Apply

1. Call 877-GET-HOPE or visit [877gethope.org](https://www.877gethope.org)
2. Complete intake form with hardship explanation
3. Get connected to housing counselor
4. Explore options for assistance or resolution

Program Overview

Category

State Program


Official Program Website

Information about this program is provided as a resource and may be subject to change. Always verify details with the official program website.

Important Note

Program availability, terms, and requirements may vary by lender and location. Additionally, programs are subject to change based on policy updates and market conditions. Always consult with a mortgage professional for the most current information and to determine eligibility for specific programs.