Indiana Foreclosure Prevention Network

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

🔍 Key Features

• Tailored to Indiana homebuyers

• Access to financial assistance

• Available through approved lenders statewide

👤 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

📌 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

📝 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.

• Must be an Indiana homeowner

• Must be experiencing financial hardship (e.g., job loss, illness)

• Must be at risk of default or foreclosure

• Avoid foreclosure

• Receive free expert advice

• Access emergency financial support

1. Call 877-GET-HOPE or visit 877gethope.org

2. Complete intake form with hardship explanation

3. Get connected to housing counselor

4. Explore options for assistance or resolution