1 A first-time homebuyer is someone who has not had ownership in their primary residence in the last 3 years.
2 Can be combined with Mortgage Credit Certificate if home is located in a Targeted Area. Targeted Area is defined by the IHCDA as the following counties in Indiana: Daviess, Jackson, Jefferson, Knox, Lawrence, Perry, Pike, and Spencer, plus certain census tracts within: Clark, Floyd, Monroe, and Vanderburgh counties. Please contact us for more specific information regarding the tracts included in the “Targeted Area” definition for Clark, Floyd, Monroe, and Vanderburgh counties.
Subject to credit and underwriting approval.
Available in the German American Bank markets in Indiana only.