Mortgage Broker in Indiana
Licensed by the Indiana Department of Financial Institutions, MortgagePros shops your loan across the lenders we work with and closes it at a title company near you, from Indianapolis and Fort Wayne to Evansville, South Bend and the Region, in all 92 counties. We are your neighbor: Troy, Michigan is a morning’s drive from most of the state.
Indiana-DFI Mortgage Lending License 59609. NMLS #1925352. Rated 4.9 across 5,300+ Google reviews.
92
Indiana counties, one licensed pro as your contact
2019
Founded in Troy, Michigan
300+
Licensed loan officers on the team
4.9
Average of 5,300+ Google reviews
39
States licensed, headquartered here
What is different about an Indiana mortgage.
Indiana adds very little to a closing. There is no transfer tax and no mortgage tax; the deed records for a county fee, and the state’s sales disclosure form is paperwork, not a bill. Closings run through title companies, and prices in most of the state sit far below the loan limits, so FHA and the conventional 3 percent down programs cover almost everything buyers are looking at.
Property taxes are the part people from other states get wrong. Indiana caps the tax on a homestead at 1 percent of its gross assessed value, with the homestead deduction taking a large slice off the value first, so the bill is lower than the headline rate suggests. Taxes are paid a year in arrears in two instalments, May 10 and November 10, and the seller credits you their share at closing.
Every county is at the FHFA conforming baseline of $832,750 and at the FHA floor of $541,287, Indianapolis included, so the only line that matters for most buyers is the one between conforming and jumbo, and few homes cross it.
Licensed in Indiana, exactly as filed.
Issued by the Indiana Department of Financial Institutions and verifiable on the NMLS Consumer Access site under MortgagePros, LLC, NMLS #1925352.
IN
Indiana
Indiana-DFI Mortgage Lending LicenseLicense No. 59609
2026 loan limits in Indiana.
No Indiana county is a high-cost area, so both the FHFA conforming baseline and the HUD FHA floor apply statewide, including Indianapolis. VA loans have no limit for veterans with full entitlement.
| Area | Conforming (1 unit) | FHA (1 unit) |
|---|---|---|
| Every Indiana county, including Marion (Indianapolis), Hamilton, Allen (Fort Wayne), Lake and St. Joseph | $832,750 | $541,287 |
Two- to four-unit limits are higher: $1,066,250 conforming and $693,050 FHA for a duplex. Your pro confirms the figure for the home you are looking at.
The Region to the Ohio River
One licensed pro from the first call to the closing table, wherever in Indiana the home is.
Indiana closing costs, and who usually pays them.
Indiana has no transfer tax and no mortgage tax, so closing costs are mostly the lender’s and the title company’s fees. These are the customs; each can be negotiated.
01
No transfer or mortgage tax
The deed and the mortgage record for county fees of a few dollars a page. The sales disclosure form filed with the deed is required by the state but carries no tax.
02
Title company
Indiana closings are handled by title companies; no attorney is required. The closing or settlement fee is commonly split between buyer and seller.
03
Owner’s title policy
Customarily paid by the seller in most of Indiana, with the buyer paying for the lender’s policy the loan requires.
04
Property taxes a year behind
Indiana bills taxes a year in arrears, in two instalments due May 10 and November 10. The seller credits you the taxes they owe for the time they owned the home, which can be a large credit early in the year.
05
Homestead deduction and the 1 percent cap
File the homestead deduction after closing; it removes a large share of the assessed value, and the constitution caps a homestead’s net tax at 1 percent of gross assessed value. Your lender’s escrow estimate should reflect the homestead rate, not the seller’s if they were not owner-occupied.
06
Well, septic and flood
Outside the cities many homes are on well and septic; lenders may want inspections. Along the rivers and in parts of the Region, flood insurance is required in a mapped flood zone and goes into escrow.
Every loan we offer, in Indiana.
The same seven products as everywhere we are licensed, priced with Indiana’s low closing costs and tax caps in mind.
Buying
Home purchase
A quick pre-approval, with the homestead tax rate rather than the seller’s in your payment estimate.
3.5% down
FHA loans
Credit scores from 580 and a $541,287 limit that covers nearly every home in the state.
Zero down
VA loans
Camp Atterbury, Grissom, Crane and more than 300,000 Indiana veterans. No down payment, no monthly mortgage insurance, no limit with full entitlement.
From 3% down
Conventional loans
Best pricing for good credit, mortgage insurance you can ask to cancel at 80 percent of the original value, and the route for lake cottages and rentals.
Above $832,750
Jumbo loans
Carmel, Zionsville, Geist and the Lake Michigan shore are the exceptions that cross the line. Lender-by-lender rules; we place the file where it fits.
Lower payment
Refinance
No tax on the new mortgage means an Indiana refinance pays for itself sooner than in most states. We run the break-even before you commit.
Use your equity
Cash-out refinance
A finished basement, a new roof, debt consolidation or a rental down payment, paid from equity at a mortgage rate.
How it works from Michigan to Indiana.
A neighbor state, handled the same way as home: by phone, email and e-signature, with the closing near you.
1
Tell us the goal
A short call about what you want to do and where in Indiana. We run the numbers with the homestead tax rate, and insurance included.
2
Apply and upload
The application, disclosures and signatures are online. A licensed pro reviews everything and stays on your file to closing.
3
We shop the loan
Your file goes to the lender whose pricing and rules fit it. You see the options side by side.
4
Close near you
Signing happens at an Indiana title company near you or with a mobile notary at your kitchen table. If you would rather sit across a desk, our Troy office is a short drive from northern Indiana.
Ready to buy or refinance in Indiana?
A licensed pro quotes your options with Indiana’s tax caps already in the numbers. Free, and it starts without a hard credit pull.
Indiana mortgage FAQ
The questions Indiana buyers and homeowners ask us most. If yours is not here, a licensed pro will answer it directly, with no obligation.
Why is my Indiana property tax estimate lower than the seller’s bill?
Two reasons. The homestead deduction removes a large part of the assessed value once you file it, and Indiana’s constitution caps a homestead’s net tax at 1 percent of gross assessed value. A seller who rented the home out paid a higher rate. We estimate escrow at the homestead rate so your payment is not overstated.
Why does the seller give me a big tax credit at closing?
Indiana pays property taxes a year in arrears, in May and November. The seller owes tax for the months they owned the home that has not been billed yet, so it comes to you as a credit at closing, and you pay the bill when it arrives. Early in the year the credit can be most of a year’s taxes.
Are there any Indiana transfer taxes?
No. Indiana charges no tax on the sale and no tax on the mortgage, only county recording fees and a sales disclosure form. There is no state tax on the sale or the loan.
Can I meet you in person?
You can. Our office is at 880 W. Long Lake Road in Troy, Michigan, north of Detroit, a short drive from northern Indiana. Most Indiana clients work with us by phone and e-signature and close at a title company near home, but the door is open.
Talk to an Indiana-licensed pro.
Tell us what you are looking to do and where in Indiana. A licensed pro will call back, usually the same business day. Asking does not start a loan or require a hard credit pull.
Prefer to talk?
248-416-1361
Open 24/7. Ask for your pro by name.
Visit our office
880 W. Long Lake Rd, Suite 300
Troy, Michigan 48098, just off I-75. Free parking.
Licensed and reviewed
Indiana-DFI Mortgage Lending License 59609. NMLS #1925352. Rated 4.9 across 5,300+ Google reviews.