Next Home Program This Indiana down payment program Home buyers can receive Indiana down payment assistance of 3 percent (conventional) or 4 percent (FHA) for loans originated through IHCDA participating lenders. The program does not have purchase price limits. Home buyers must have a minimum credit score of 650. The Indiana down payment assistance has zero interest and no monthly payments, and the assistance is forgiven after two years. Indiana borrowers can combine this program with a MCC.