Bloomington Purchase Money Loans & Home Financing
Get approved for purchase money loans in Bloomington, Indiana. FHA, VA, USDA, and Conventional home purchase financing with competitive rates and fast approval from Southwest Funding (NMLS #32139).
Population
85,755
Median Home Price
$215,000
FHA Loan Limit
$472,030
Loan Programs
FHA, VA, USDA, Conv
Bloomington Housing Market
Bloomington offers diverse housing options near Indiana University with a vibrant cultural scene.
Why Choose Bloomington?
- • Affordable home prices
- • Strong local economy
- • Quality schools and amenities
- • Growing job market
Purchase Money Loan Benefits
- • Low down payment options
- • Competitive interest rates
- • Fast preapproval process
- • Local expertise and support
Bloomington Purchase Money Loan Programs
FHA Purchase Money Loans
- • 3.5% down payment
- • 580+ credit score
- • Loan limit: $472,030
- • Mortgage insurance included
Perfect for first-time buyers in Bloomington
VA Purchase Money Loans
- • 0% down payment
- • No PMI required
- • Loan limit: $766,550
- • Veteran benefits
Exclusive benefits for Bloomington veterans
USDA Purchase Money Loans
- • 0% down payment
- • Rural/suburban properties
- • Income limits apply
- • Great rates available
For eligible Bloomington suburban areas
Popular Bloomington Neighborhoods We Serve
Downtown
Near West Side
Elm Heights
Prospect Hill
Bryan Park
University
Southside
Eastside
Your Bloomington Purchase Money Loan Process
Prequalify Online
Get prequalified in minutes with our secure online application
Shop for Homes
Search Bloomington homes with confidence knowing your budget
Submit Application
Complete your purchase money loan application with our team
Close on Your Home
Get your keys and move into your new Bloomington home!
Ready to Buy a Home in Bloomington?
Get preapproved for your Bloomington purchase money loan today. Fast, easy, and secure process with competitive rates.
Southwest Funding - Bloomington Purchase Money Loans
NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity