Yes: in Indiana, mortgage loan officers need a state license issued by the Indiana Department of Financial Institutions (DFI). You can check a name yourself on NMLS Consumer Access.
Mortgage loan officers in Indiana: what buyers ask
What first-time buyer programs does Indiana offer?
In Indiana, the Indiana Housing and Community Development Authority (IHCDA) gives 5% of the home price as down payment assistance with its First Step program and 2.5% or 3.5% with Next Home, as a 0% second mortgage that is not forgivable.
What does an FHA loan require?
FHA loans need 3.5% down with a 580 credit score. Upfront mortgage insurance is 1.75% and the annual premium is 0.55% at 96.5% LTV.
Check a mortgage loan officer yourself
- License required · Indiana Department of Financial Institutions (DFI)
- Titles you will see: Mortgage loan originator
- Check a name yourself: NMLS Consumer Access (we could not open this search page ourselves)
The 9 sectors of Indianapolis
Center Township · Decatur Township · Franklin Township · Lawrence Township · Perry Township · Pike Township · Warren Township · Washington Township · Wayne Township