INIndiana

Indiana Mortgage Guide

Affordable housing market with low property taxes relative to neighboring states.

2024 Conforming Limit

$766,550

Avg 30yr Fixed Rate

6.90%

VA Friendly

No

First-Time Buyer Program

IHCDA Next Home Program

Indiana offers down payment assistance (DPA) for qualifying buyers. Contact a participating lender or your state housing finance authority for current income limits and program availability.

Understanding Your Conforming Limit

The 2024 FHFA conforming loan limit for Indiana is $766,550. Loans at or below this amount qualify as conforming loans, which typically carry lower interest rates and require less documentation than jumbo loans.

Loans above $766,550 require jumbo financing, which typically requires a 10–20% down payment and a credit score of 700+.

Find a Indiana Lender

Compare rates from lenders licensed in Indiana — no commitment required.