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Archive for the ‘Section 184 Native American Indian Home Loan’ Category

Section 184 Penny O’Brien, Realtor helps with buyers using the HUD Section 184 Native American Indian Home Loan Program

Friday, November 17th, 2017

I have lots of experience with helping buyers use this wonderful program.  Let’s get moving, Penny O’Brien 702.321.9383

Here we go,

The Section 184 Indian Home Loan program is a mortgage product specifically for American Indian and Alaska Native families, tribes, Alaska Villages or tribally designated housing buyers. Congress established this program in 1992 to facilitate home ownership in Native American communities. Using Section 184 financing you can get into a home with a low down payment, no mortgage insurance and flexible underwriting. If you are a potential home buyer, Section 184 is a wonderful product — thanks to the low down payment requirement of 2.25% for loans over $50,000. If your loan amount is under $50,000, your down payment is 1.25%. If  you don’t have to pay a mortgage insurance premium each month. Instead, a one–time, 1% loan guarantee fee can be added to your final loan amount. Our underwriters are familiar with the unique issues and circumstances that Native Americans face when trying to get a mortgage in Indian Country

Call Me NOW, Penny O’Brien 702.321.9383

Penny O'Brien
Las Vegas | Henderson | Summerlin Realtor/Real Estate Agent


Cell:  702.321.9383
Email: lasvegasniceliving@yahoo.com

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