Take with a grain of salt, as I am not a realtor. Always consult with your realtor for any more options. Traditionally realtors receive funds in closing costs from the previous homeowner. You are getting funds to make the home purchase/mortgage possible should be a win for everyone.
Down Payment Assistance
Hooiser Homes Program*
The Hoosier Homes Program is available to anyone purchasing a home in the City of Gary whose income does not exceed 140% of Lake County’s median income ($105,700).
Chase Affordable Blending Grant**
Purchase your home via a mortgage with Chase Bank and you may be qualified for a grant for up to $7,500.
Lake County Auction***
BId on tax delinquent properties in Gary via the semi-annual Lake County auction. Some homes can be purchased for as low as 500 dollars.
Non-Mortgage Options
*Hooiser Homes is a government sponsored program. We do not have any affiliation.
**Chase nor its Affordable Blending is a not affiliated with us.
****Lake County auctions are usually hosted via zeusauctions.com and it will be up to you to secure the home as well as provide any neccesary repairs needed. It is also highly recommended to actually inspect or see the property before bidding. Do not trespass on auction properties as it can be unsafe and/or hazardous.