The Best 2024 West Lafayette FHA Mortgage Programs
Click your score!
Calculate your West Lafayette Home Loan Payment
640 + Fico Score Home Loans
Having a 640 credit score allows for homebuyers to qualify for a majority of programs available across the U.S.A. The popular West Lafayette FHA home loan was introduced in 1934. The program features lower down payment options and easier qualifications for new and repeat homebuyers. Another Government program strictly for Veteran’s was introduced in 1944, the West Lafayette VA home loan allows for certain service members to buy a home with no money down even with lower credit scores. Another favorite of ours, the USDA home loan created in 1991 offers the no money down option. Last but not least a homebuyer favorite the forgivable West Lafayette FHA homebuyer grant. With over 26 years of experience our experts are here to answer your questions. We will have you pre-approved and ready to shop in minutes.
Get Pre-Approved Now
(640 Credit Score Required)
FHA Loan Benefits
- Buy with 3.5% Down
- 640 Credit Qualifies for a Grant to Cover Down Payment
- Easier Credit Qualifications
- Extremely Loan Rates for Home Buyers
USDA Loan Benefits
- Buy with No Money Down
- Streamlined credit approval for scores above 640
- Look Up Eligible USDA Areas Here
- Extremely Loan Rates for USDA Home Buyers
FHA Grant Benefits
- Grant is completely forgiven
- Grant can be used for down payment
- Not required to be first time home buyers
- Keep your down payment money in the bank
VA Loan Benefits
- No down payment
- No mortgage insurance required
- Low wholesale VA home rates
- Lower credit scores can qualify
Questions Call (888)208-9797
West Lafayette is Eligible for FHA Home Buyers
Popular FHA Cities for New Home Buyers
- English IN FHA Homebuyer Programs
- Westport IN FHA Homebuyer Programs
- North Liberty IN FHA Homebuyer Programs
- Bloomington IN FHA Homebuyer Programs
- Lake Holiday IN FHA Homebuyer Programs
- Van Buren IN FHA Homebuyer Programs
- Wanatah IN FHA Homebuyer Programs
- Marion IN FHA Homebuyer Programs
- New Whiteland IN FHA Homebuyer Programs
- Beech Grove IN FHA Homebuyer Programs
620 + Fico Score Home Loans
Having a 620 credit score allows new West Lafayette homebuyers many options. The FHA offers amazing rates even with less than perfect credit. Even better the FHA offers buyers the option to buy with a 3.5% down payment. Don’t have a down payment, no worries we offer a private West Lafayette FHA grant program. The West Lafayette FHA grant program requires a minimum 620 credit score. The programs don’t stop there, Even with a 620 credit score we have more options. The USDA home loan and the West Lafayette VA home loan are also available. The USDA mortgage allows for home buyers to purchase with NO money down. Understand the average qualifying credit score is 640 but our 2024 guidelines allow for manual underwriting. A manual approval will need to be completed by an underwriter and is not guaranteed. Last but not least our West Lafayette VA Military home loan is another NO money down option for those who serve the USA, the greatest country on earth.
Get Pre-Approved Now
(620 Credit Score Required)
FHA Loan Benefits
- Buy with 3.5% Down
- 620 Credit Qualifies for a Grant to Cover Down Payment
- Easier Credit Qualifications
- Extremely Loan Rates for Home Buyers
USDA Loan Benefits
- Buy with No Money Down
- 620 credit scores will need manual approval by underwriting
- Look Up Eligible USDA Areas Here
- Extremely Loan Rates for USDA Home Buyers
FHA Grant Benefits
- Grant is completely forgiven
- Grant can be used for down payment
- Not required to be first time home buyers
- Keep your down payment money in the bank
VA Loan Benefits
- No down payment
- No mortgage insurance required
- Low wholesale VA home rates
- Lower credit scores can qualify
Questions Call (888)208-9797
Areas Near West Lafayette are Eligible for USDA Loans
Popular areas that may be Eligible for USDA Home Buyers
580 Fico Score Home Loans
Having a 580 plus credit score will allow West Lafayette home buyers a few great options. The FHA offers amazing rates even with less than perfect credit. With a 580 credit score a down payment of 3.5% will be needed. The down payment can come as a gift. Another great options for lower credit scores is our West Lafayette VA Military home loan. Veteran’s can qualify with a 580 credit score and NO money down.
Get Pre-Approved Now
(580 Credit Score Required)
FHA Loan Benefits
- Buy with 3.5% Down
- Gift funds excepted for down payment
- Easier Credit Qualifications
- Extremely Loan Rates for Home Buyers
VA Loan Benefits
- No down payment
- No mortgage insurance required
- Low wholesale VA home rates
- Lower credit scores can qualify
Questions Call (888)208-9797
West Lafayette is Eligible for Veteran Home Programs
Popular Cities for Veteran Home Buyers
- Best VA Loans in Indianapolis, Indiana
- Best VA Loans in Fort Wayne, Indiana
- Best VA Loans in Evansville, Indiana
- Best VA Loans in South Bend, Indiana
- Best VA Loans in Carmel, Indiana
- Best VA Loans in Fishers, Indiana
- Best VA Loans in Bloomington, Indiana
- Best VA Loans in Hammond, Indiana
- Best VA Loans in Lafayette, Indiana
- Best VA Loans in Noblesville, Indiana
560 Fico Score Home Loans
560 plus credit scores allow home buyers a few great options. The FHA offers amazing rates even with less than perfect credit. With a 560 credit score a down payment of 10 - 20% will be needed. The down payment can come as a gift. Another great option for lower credit scores is our VA Military home loan. Veteran’s can qualify with a 560 plus credit score.
Get Pre-Approved Now
(560 Credit Score Required)
FHA Loan Benefits
- Buy with 10 - 20% Down
- Gift funds excepted for down payment
- Easier Credit Qualifications
- Extremely Loan Rates for Home Buyers
VA Loan Benefits
- No down payment
- No mortgage insurance required
- Low wholesale VA home rates
- Lower credit scores can qualify
Questions Call (888)208-9797
500 Fico Score Home Loans
With 500 plus credit scores options are still available for home buyers. The West Lafayette FHA program is still available for home buyers, understand you will need a larger down payment, usually 10 - 20% The down payment can come as a gift. Another great option for lower credit scores is our West Lafayette VA Military home loan. Veteran’s can qualify with a 500 plus credit score. Keep in mind a 500 plus credit score is a higher risk for lenders, this means it will be underwritten manually by an underwriter.
Get Pre-Approved Now
(500 + Credit Score Required)
FHA Loan Benefits
- Buy with 10 - 20% Down
- Gift funds excepted for down payment
- Easier Credit Qualifications
- Extremely Low Rates for Home Buyers
VA Loan Benefits
- No down payment
- No mortgage insurance required
- Low wholesale VA home rates
- Lower credit scores can qualify
Questions Call (888)208-9797
Hundreds of 5 Star Reviews!
West Lafayette (/ˌlɑːfiːˈɛt, ˌlæf-/) is a city in Wabash Township, Tippecanoe County, Indiana, United States,[6] about 65 miles (105 km) northwest of the state capital of Indianapolis and 113 miles (182 km) southeast of Chicago. West Lafayette is directly across the Wabash River from its sister city, Lafayette. As of the 2020 census, its population was 44,595.[7] It is the most densely populated city in Indiana and is home to Purdue University.
Augustus Wylie laid out a town in 1836 in the Wabash River floodplain south of the present Levee. Due to regular flooding of the site, Wylie’s town was never built. The present city was formed in 1888 by the merger of the adjacent suburban towns of Chauncey, Oakwood, and Kingston, located on a bluff across the Wabash River from Lafayette, Indiana.[8] The three towns had been small suburban villages which were directly adjacent to one another. Kingston was laid out in 1855 by Jesse B. Lutz. Chauncey was platted in 1860 by the Chauncey family of Philadelphia, wealthy land speculators. Chauncey and Kingston formed a municipal government in 1866 which selected the name “Chauncey”.[8]