South Bend Purchase Money Loans & Home Financing

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

Population

103,453

Median Home Price

$135,000

FHA Loan Limit

$472,030

Loan Programs

FHA, VA, USDA, Conv

South Bend Housing Market

South Bend offers affordable housing near Notre Dame with growing tech and healthcare industries.

Why Choose South Bend?

  • • 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

South Bend 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 South Bend

VA Purchase Money Loans

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

Exclusive benefits for South Bend veterans

USDA Purchase Money Loans

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

For eligible South Bend suburban areas

Popular South Bend Neighborhoods We Serve

Downtown

Near Northwest

Northeast

Southeast

Westside

River Park

Edgewater

Studebaker

Your South Bend Purchase Money Loan Process

1

Prequalify Online

Get prequalified in minutes with our secure online application

2

Shop for Homes

Search South Bend 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 South Bend home!

Ready to Buy a Home in South Bend?

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

Southwest Funding - South Bend Purchase Money Loans

NMLS #32139 | Licensed in Indiana | Equal Housing Opportunity