Gary Purchase Money Loans & Home Financing
Get approved for purchase money loans in Gary, Indiana. FHA, VA, USDA, and Conventional home purchase financing with competitive rates and fast approval from Southwest Funding (NMLS #32139).
Population
69,093
Median Home Price
$85,000
FHA Loan Limit
$472,030
Loan Programs
FHA, VA, USDA, Conv
Gary Housing Market
Gary offers very affordable housing with revitalization efforts and lakefront properties.
Why Choose Gary?
- • 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
Gary 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 Gary
VA Purchase Money Loans
- • 0% down payment
- • No PMI required
- • Loan limit: $766,550
- • Veteran benefits
Exclusive benefits for Gary veterans
USDA Purchase Money Loans
- • 0% down payment
- • Rural/suburban properties
- • Income limits apply
- • Great rates available
For eligible Gary suburban areas
Popular Gary Neighborhoods We Serve
Downtown
Glen Park
Miller Beach
Tolleston
Midtown
Westside
Eastside
Brunswick
Your Gary Purchase Money Loan Process
Prequalify Online
Get prequalified in minutes with our secure online application
Shop for Homes
Search Gary 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 Gary home!
Ready to Buy a Home in Gary?
Get preapproved for your Gary purchase money loan today. Fast, easy, and secure process with competitive rates.
Southwest Funding - Gary Purchase Money Loans
NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity