Michiana Homes for Sale by Denise Graves
for all of your real estate needs


Indiana Homeowner Tax Credit


 

If you are planning on purchasing your first home in Indiana, the Indiana Housing and Community Development Authority may have an offer to help you afford more home. The Mortgage Credit Certificate program is fairly simple.

The amount of your credit is based on your mortgage amount. The credit is then multiplied by your mortgage interest to determine your credit.

Mortgage Amount Tax Credit Rate
 $50,000 or Less   35%
$50,001 - $70,000 30%
 $70,001 - $90,000 25%
$90,000 and more  20%

        

 

RULES & REGULATIONS

  • Can't have owned home in last 3 years
  • Income limits based on household size ($60,800 for 1-2 people in St. Joe county)
  • Credit can't exceed actual tax liability and can't exceed $2,000
  • Reservation fee charged by IHCDA of .5% of loan amount (can be seller paid - confirm)
  • ONLY APPROVED LENDERS CAN PROVIDE!

For more information, contact:

 

 Lori Hiscock
 Senior Loan Officer

 

 

 

 

Office: 574-234-5201
Fax: 574-234-8168
Mobile:574-707-0196

Ruoff Home Mortgage                        
1710 E. Edison Rd. 46617
Mishawaka, IN 46617

 


Buying Services for Home Buyers


 

  Congratulations!  You have decided to purchase a home, or are thinking about buying one.  You'll be joining the ranks of hundreds of families who realize that home ownership offers a number of benefits including building equity, saving for the future, and creating an environment for your family.  When you own your own home, your hard-earned dollars contribute to your mortgage. The equity you earn is yours.  Over time, your home will increase in value.

In the following reports, you'll find the information you need to make a wise buying decision.  We'll take you through the planning process step-by-step , to help you determine which home is right for you.  You'll find a host of informative articles on mortgages, viewing homes, the offer, closing details and moving.

Please contact me if you have any questions about buying a home in Michiana or elsewhere in Indiana.


Below, select desired reports and complete the form provided.

 

Energy Tax Credit Information

Buying Your First Home
Many renters are starting to think about purchasing a home of their own. This article highlights several factors that should be considered when purchasing a home.
The Right Home at the Right Price
This article helps you become a savvy buyer, by pointing out some of the pitfalls inherent in the home-buying process.
Avoid Common Buyer Errors
Some buyers, however, caught up in the excitement of buying a new home tend to overlook some items. When you have a systematic plan before you shop, you’ll be sure to avoid these costly errors. Here are some tips on making the most of your home purchase.
But Do You Need It
Buying a home can be an emotional, time-consuming, and complex process. There are a few things that you can do to help make the process go as smooth as possible.
First Name: 
Last Name: 
Email: 
Phone: 
Comments: 
 
* * Maximum of 2000 characters

 

 

Client Hotline: 574-360-9328
Voice Mail: 574-235-3893

 

Email Me

Home  |  Buy a Home  |  Calculators  |  Search St Joe County Homes  |  New Listings Notification  |  Sell a Home  |  Home Improvement  |  Service Providers  |  Michiana Living  |  Max's Moments
Contact Me  |  Featured Listings  |  Blair Hills Community  |  What's My Home Worth?
 
Privacy Policy  |  Site Map  |  Profile  |  Sign In

Choose language: