Carmel Purchase Money Loans & Home Financing
Get approved for purchase money loans in Carmel, Indiana. FHA, VA, USDA, and Conventional home purchase financing with competitive rates and fast approval from Southwest Funding (NMLS #32139).
Population
99,757
Median Home Price
$425,000
FHA Loan Limit
$472,030
Loan Programs
FHA, VA, USDA, Conv
Carmel Housing Market
Carmel is known for luxury homes, excellent schools, and upscale amenities in Hamilton County.
Why Choose Carmel?
- • 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
Carmel 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 Carmel
VA Purchase Money Loans
- • 0% down payment
- • No PMI required
- • Loan limit: $766,550
- • Veteran benefits
Exclusive benefits for Carmel veterans
USDA Purchase Money Loans
- • 0% down payment
- • Rural/suburban properties
- • Income limits apply
- • Great rates available
For eligible Carmel suburban areas
Popular Carmel Neighborhoods We Serve
Arts & Design District
Clay Terrace
Village of WestClay
Meridian Corridor
West Carmel
Carmel Woods
Brookshire
Smokey Ridge
Your Carmel Purchase Money Loan Process
Prequalify Online
Get prequalified in minutes with our secure online application
Shop for Homes
Search Carmel 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 Carmel home!
Ready to Buy a Home in Carmel?
Get preapproved for your Carmel purchase money loan today. Fast, easy, and secure process with competitive rates.
Southwest Funding - Carmel Purchase Money Loans
NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity