With low down payments and flexible credit requirements, our Home Possible mortgage program helps make home ownership achievable to many who may have thought it was impossible. If you are a first-time homebuyer, current home owner looking to move up to a higher priced home, a retiree, a person living in an underserved area, or in the low and moderate income brackets, you'll want to ask about our Home Possible Mortgage solution!
First-time homebuyer or current home owner
Stable monthly payments with fixed rate mortgages
Manufacturd home up to 95% LTV
Need to meet standards of underserved area or low and moderate income bracket
3% down payment required (may be a gift)
No minimum credit score
Subject to credit and underwriting approval.
Available in the German American Bank markets in Indiana and Kentucky.