Archive for the ‘Native American Indian Loan Program’ Category
Saturday, September 8th, 2018
Are interest rates rising? Yes, they are slowing inching their way up. Let’s face it, interest rates are still low. Back in the late 80’s I paid over 18% interest on my house loan, grant you back then prices of homes weren’t what they are today so the amount I was borrowing wasn’t that much so it’s hard to compare.
Many people start to panic when they see interest rates going up. I don’t blame them. It can make a huge difference on the property you are interested in. For instance, just a quarter of a percent can change your payment hundreds depending on how much you are borrowing.
The HUD 184 Native American Indian Home Loan Program is considered a FHA loan. I am still helping eligible
Friday, November 17th, 2017
Are you in the market to buy a home? If so, give me a call to find out more information about a fantastic program. Penny O’Brien 702.321.9383 I can help you right NOW.
The Section 184 Native American Home Loan Guarantee Program is a home mortgage specifically designed for American Indian and Alaska Native families, Alaska Villages, Tribes, or Tribally Designated Housing Entities. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
The unique status of Indian lands being held in Trust, Native American homeownership has historically been an underserved market. Working with an expanding network of private sector and tribal partners, the Section 184 Program endeavors to increase access to capital for Native Americans and provide private funding opportunities for tribal housing agencies with the Section 184 Program.
To help and increase Native access to financing, the Office of Loan Guarantee within HUD’s Office of Native American Programs, guarantees the Section 184 home mortgage loans made to Native Borrowers. By guaranteeing these loans 100%, we encourage Lenders to serve the Native Communities. This increases the marketability and value of the Native assets and strengthens the financial standing of Native Communities.
take care, enjoy your day/evening. Penny
Wednesday, November 15th, 2017
The section 184 loan is available in all counties for the following states: AK, AZ, CA, CO, FL, HI, ID, IN, KS , MA, ME, MI, MN, MT, NC, ND, NM, NV, OK, OR, SC, SD, UT, WA, WI
The section 184 loan is available in SELECT counties for the following states: AL, CT, IA, IL, LA, MO, MS, NE, NY, RI, TX, WY
The section 184 loan is NOT available in the following states: AR, DE, DC, GA, KY, MD, NH, NJ, OH, PA, TN, VT, VA, WV
I have helped so many clients/who became my good friends with this HUD Section 184 Native American Indian Loan Program, it really is a wonderful program and in my opinion all buyers who are eligible to use this Section 184 program should use it. You can call me anytime for more information about this great program and how it works, I can help. 702.321.9383
Thank you for your time.
Penny O’Brien 702.321.9383
4435 S. Buffalo Dr.
Las Vegas, NV 89147
Las Vegas | Henderson | Summerlin Realtor/Real Estate Agent
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