Hammond Purchase Money Loans & Home Financing
Get approved for purchase money loans in Hammond, Indiana. FHA, VA, USDA, and Conventional home purchase financing with competitive rates and fast approval from Southwest Funding (NMLS #32139).
Population
77,879
Median Home Price
$115,000
FHA Loan Limit
$472,030
Loan Programs
FHA, VA, USDA, Conv
Hammond Housing Market
Hammond provides affordable housing options with easy access to Chicago employment opportunities.
Why Choose Hammond?
- • 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
Hammond 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 Hammond
VA Purchase Money Loans
- • 0% down payment
- • No PMI required
- • Loan limit: $766,550
- • Veteran benefits
Exclusive benefits for Hammond veterans
USDA Purchase Money Loans
- • 0% down payment
- • Rural/suburban properties
- • Income limits apply
- • Great rates available
For eligible Hammond suburban areas
Popular Hammond Neighborhoods We Serve
Downtown
Hessville
Woodmar
Robertsdale
East Hammond
West Hammond
Calumet
Maywood
Your Hammond Purchase Money Loan Process
Prequalify Online
Get prequalified in minutes with our secure online application
Shop for Homes
Search Hammond 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 Hammond home!
Ready to Buy a Home in Hammond?
Get preapproved for your Hammond purchase money loan today. Fast, easy, and secure process with competitive rates.
Southwest Funding - Hammond Purchase Money Loans
NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity