Think you need thousands of dollars saved for a down payment to buy a home? Think again!

Buy a Home in Indiana Without Saving the Entire Down Payment!

Think you need thousands of dollars saved for a down payment to buy a home? Think again!

For many Indiana homebuyers, saving for a down payment is one of the biggest obstacles to homeownership. But with Ruoff Mortgage’s HomeNow Down Payment Assistance Program, buying a home may be more affordable than you think.

How Does HomeNow Work?

HomeNow combines an FHA first mortgage with a second loan designed to help cover your down payment.

FHA financing typically requires a 3.5% down payment. With HomeNow, eligible buyers may receive assistance through a second mortgage that covers that requirement, reducing the amount needed upfront.

Important: The assistance is a loan, not free money. The second mortgage has its own repayment terms and monthly payment, which must be included when determining your total housing payment.

HomeNow Program Highlights

• Up to 5% down payment assistance based on the purchase price, with potential funds available toward eligible closing costs.

• Minimum credit score of 600, subject to program guidelines.

• Debt-to-income ratios up to 55% for qualifying borrowers.

• No maximum borrower income limit.

• Available to first-time and repeat homebuyers.

• No program-specific geographic restrictions, subject to property eligibility.

Why Work with a Local Indiana Mortgage Expert?

I'm Cori Drudge with Ruoff Mortgage in Fishers, Indiana, and I've spent more than 25 years helping homebuyers understand their financing options.

My goal isn't simply to get you approved. It's to help you understand your total monthly payment, upfront costs, and long-term affordability so you can make a confident decision.

Whether you're buying in Fishers, Carmel, Noblesville, Westfield, Indianapolis, Anderson, Greenfield, or anywhere in Indiana, I'm happy to help you explore your options.

Don't Let the Down Payment Stop You from Exploring Homeownership!

You may be closer to owning a home than you think. Let's find out what you qualify for, how much assistance may be available, and what your comfortable monthly payment could look like.

Questions about HomeNow, FHA financing, or how much home you can comfortably afford? Happy to help when you're ready.

Cori Drudge | Mortgage Loan Officer Ruoff Mortgage | Fishers, Indiana 317-439-4495 www.CoriDrudge.com

HomeNow assistance is provided through a repayable second mortgage. Program eligibility, loan terms, credit requirements, debt-to-income limits, and assistance amounts are subject to current guidelines and underwriting approval. Closing costs and other expenses may still apply. Not a commitment to lend. Equal Housing Lender.