Evansville is a city with a rich history and diverse neighborhoods to suit various lifestyles. From the vibrant arts scene in Haynie's Corner to the family-friendly atmosphere of the University of Evansville area, there's a neighborhood to fit your needs. Other popular areas include Downtown Evansville, College Heights, and East End. Each neighborhood has its unique character and advantages, so it's worth exploring to find the one that best fits your lifestyle and budget.

• Downtown Evansville: Ideal for those who want to be close to the city's central business district and cultural attractions.
• Haynie's Corner Arts District: A hub for artists and creatives, with a mix of historic homes and modern condos.
• University of Evansville area: Popular with families and students, this area offers a suburban feel with easy access to the university.

NMHL offers a range of mortgage programs to suit different borrower needs, including FHA, VA, USDA, and Conventional loans. For first-time homebuyers, our FHA loan programs offer low down payment requirements and more lenient credit score thresholds. Veterans and active military personnel can take advantage of our VA loan programs, which often feature competitive interest rates and no down payment requirements.

For those with bad credit or self-employed individuals, NMHL has specialized programs that can help. Our loan officers work closely with you to understand your financial situation and find the best mortgage solution.

As a homeowner in Evansville, you'll need to consider property taxes as part of your overall cost of homeownership. The average effective property tax rate in Vanderburgh County is about 0.83%, which translates to around $1,186 per year on a $143,000 home. Property taxes fund local services, including schools, law enforcement, and infrastructure.

When considering a mortgage, it's essential to factor property taxes into your monthly housing costs. NMHL's loan officers can help you understand how property taxes will impact your mortgage payments and overall affordability.

Indiana offers several programs to assist first-time homebuyers, including the IHCDA's First Time Homebuyer Program. This program provides competitive interest rates, down payment assistance, and other benefits to help make homeownership more accessible. NMHL is an approved lender for these programs and can guide you through the application process.

In addition to state-level programs, there may be local initiatives in Evansville that can provide further assistance. Our knowledgeable loan officers can help you explore these options and determine your eligibility.