Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
×
Take Your Forum Experience
to the Next Level
Create a free account and join over 3 million investors sharing
their journeys and helping each other succeed.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
Already a member?  Login here
First-Time Home Buyer
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 2 years ago on . Most recent reply

User Stats

3
Posts
2
Votes

Best Mortgage Lenders in Indiana

Posted

I'm a first time home buyer looking to buy a $300,000 SFH in Indianapolis and I was was wondering who some of the best FHA mortgage lenders in Indiana are. For context, I'm a single, young professional with a 740+ credit score. I'm looking for FHA loans to put a 3.5%/$10,500 downpayment on a $300,000 home. I'm looking to rent out the additional bedrooms in the home I find.

I went to Chase and they gave me a pre-approval for a $300,000 home. The rate is at 6.75% though, and I've got some calls scheduled with GuaranteedRate, Better, and Loandepot to try and find better interest rates. I'm also going to check out the Indiana Members Credit Union. 

Does anyone have any recommendations for the places where I can find the best interest rates? I know interest rates are high right now and I'm looking to negotiate the interest rates I receive using the rates from the other lenders. I appreciate the guidance!

Most Popular Reply

User Stats

3
Posts
2
Votes
Replied

I've done searching recently and I'd had the best experience with Approved Mortgages in Greenwood, IN. They're a mortgage broker and I'd shopped for decent rates with low closing costs. They were able to do the best deal for me!

Loading replies...