Evansville Purchase Money Loans & Home Financing

Get approved for purchase money loans in Evansville, Indiana. FHA, VA, USDA, and Conventional home purchase financing with competitive rates and fast approval from Southwest Funding (NMLS #32139).

Population

117,298

Median Home Price

$125,000

FHA Loan Limit

$472,030

Loan Programs

FHA, VA, USDA, Conv

Evansville Housing Market

Evansville provides excellent value for homebuyers with affordable prices and river city charm.

Why Choose Evansville?

  • • 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

Evansville 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 Evansville

VA Purchase Money Loans

  • • 0% down payment
  • • No PMI required
  • • Loan limit: $766,550
  • • Veteran benefits

Exclusive benefits for Evansville veterans

USDA Purchase Money Loans

  • • 0% down payment
  • • Rural/suburban properties
  • • Income limits apply
  • • Great rates available

For eligible Evansville suburban areas

Popular Evansville Neighborhoods We Serve

Downtown

Haynie's Corner

Jacobsville

Riverside

West Side

East Side

North Park

Stringtown

Your Evansville Purchase Money Loan Process

1

Prequalify Online

Get prequalified in minutes with our secure online application

2

Shop for Homes

Search Evansville homes with confidence knowing your budget

3

Submit Application

Complete your purchase money loan application with our team

4

Close on Your Home

Get your keys and move into your new Evansville home!

Ready to Buy a Home in Evansville?

Get preapproved for your Evansville purchase money loan today. Fast, easy, and secure process with competitive rates.

Southwest Funding - Evansville Purchase Money Loans

NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity