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Posts Tagged ‘Section 184’

affordable housing in Las Vegas, North Las Vegas, Penny O’Brien 702.321.9383 Priced under $130k

Tuesday, November 21st, 2017

HI there, VA, FHA, Conventional and Cash Buyers, Investors and Section 184 Native American Indian Home Loan Program

as many of you know, I do keep up with all the new home builders and their construction.  When I was out yesterday previewing new home builders I came across a new tract home sales person who gave me a little inside information about a new community that is opening up.  As far as I can tell right now they are going to be the least expensive new home builder in town.

If you are looking for a wonderful place and want more information call me now so I can help get you into this area and price range before anyone else.

Penny O’Brien 702.321.9383

RE/MAX Excellence

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

Month-over-month change in selling prices for August 2017 Las Vegas and the United States

Friday, November 17th, 2017

Month-over-month change in selling prices for August 2017This is very interesting.  I hope you enjoy it too.  Moving?  Let me know how I can help with your Real Estate needs. Penny O’Brien 702.321.9383

This map shows each state’s month-over-month selling price for August 2017.  The light gray states, prices have gone up between July and August. This would suggest a seller’s market where buyers may face increased competition. New York and Wisconsin had the highest month-over-month price increases — both above 6% — likely indicating that their housing markets are gaining strength.

The full data lists the median selling prices in July 2017 and August 2017 for each state. The actual numbers can give some insight into the amount of inventory compared to demand from home buyers. Median selling prices are currently over $300,000 in many large seller’s markets including District of Columbia, Hawaii, California, Massachusetts, Colorado, Washington and New York. According to the data, District of Columbia had the highest median selling price in August 2017 at $510,099.

I have over 20 years experience working with buyers and sellers.

Penny O’Brien

RE/MAX Excellence

702.321.9383

Need financing?  I can help you with that too.  I have many lenders who have been busy doing loans in Las Vegas forever and a day.

Section 184 the Native American Indian Program is a wonderful program.  Call me about more information I have helped so many buyers, HAPPY buyers.  Penny 702.321.9383

California movers to Las Vegas, let’s get moving Special Agent Penny O’Brien 702.321.9383

Thursday, November 16th, 2017

Welcome,

Are you moving to Vegas?  Thinking about moving to Las Vegas? Have friends moving to Vegas?  I can help you.  I have helped so many California people move here and purchase a place.  Yes, you’re right Vegas doesn’t have the beautiful beaches…….. we do have other types of fun.

Call Me and let’s talk about Las Vegas REAL ESTATE, Penny O’Brien RE/MAX Excellence 702.321.9383

I can help you find the perfect place to make your own.  I’ve been helping buyers and sellers for over 20 years.  Buying with cash, FHA, VA, Conventional, Section 184 Native American Indian Home Loan program.   I have all the new home construction builders info too.   Let’s get moving. Enjoy your life.

  • Go to the Park. You can take your family or go with a friend. …WE have amazing parks all through the valley, Henderson has a water park. Summerlin has huge inviting parks
  • Watch the Sunset. … Yes, our desert has grand sunsets
  • Pack a Picnic Lunch. …and go people watch on the strip
  • Play Board Games. … there’s all kinds of places to sign up for game playing
  • Play Card Games. …Eurche?  do you know how to play?  it’s not just a midwest game anymore
  • Do a Road Rally With Friends. …
  • Free fun things…….. There are so many free things to see in Vegas
  • Throw a B.Y.O.E…… Get to know new neighbors this way
  • Farmers Markets….. we have farmers markets all through the valley
  • Library’s….. the library’s have free events every weekend
  • Red Rock Canyon…. Hike or drive through the loop
  • Mt. Charleston…. Get some really good fresh air

Loan Eligibility Section 184 HUD Native American and Alaskan tribes Las Vegas Realtor Penny O’Brien HELPS

Thursday, November 16th, 2017

Hello, let’s talk about this wonderful program: Penny O’Brien with RE/MAX Excellence 702.321.9383. I CAN HELP

Section 184 Home Loan Guarantee is reserved for members of Native American and Alaskan tribes,  to receive a Section 184 loan you must be an enrolled member of a Federally Recognized Tribe. Verification or tribal enrollment will be necessary upon application for a Section 184 loan. Enrollment decisions are made solely by the tribal government.

Typically your tribe will provide a card or a letter proving your enrollment status. Trust lands and tribal members on and off reservation may be eligible.

Give me a call, we can provide you with clarification and answers to all your questions 702.321.9383

I have been helping buyers use this program for over 4 years and have VERY happy clients.

Penny O’Brien

RE/MAX Excellence

4435 S. Buffalo Dr

Las Vegas, NV 89147

Section 184 Indian Home Loan Program Las Vegas Special Agent Penny O’Brien 702.321.9383

Wednesday, November 15th, 2017

Hi Everyone,

Staring in 1992, Congress established the Section 184 Indian Home Loan Program. The program was designed to offer home ownership and housing rehabilitation opportunities for eligible Native American individuals, families, tribes and tribally designated housing entities (including Indian Housing Authorities) on their native lands and within an approved Indian area.

Why a Loan Program Specific to Native Americans and their families? It’s very unique status of Indian lands, Native American home ownership is an well deserved market. The Section 184 program was designed to improve access to capital for Native Americans and provide private funding opportunities for tribal housing agencies.

HUD guarantees each mortgage loan made to eligible borrowers. The loan guarantee assures the lender that its investment will be repaid in the event of a foreclosure.

The borrower pays a 1% loan guarantee fee at closing, which may be financed in the mortgage or paid in cash.

The borrower applies for the loan with a participating lender, or works with the tribe and the Bureau of Indian Affairs if leasing tribal land. The lender then evaluates the necessary loan documentation and submits the loan for approval to the HUD Office of Loan Guarantee.

CALL Me for your Real Estate Needs,  702.321.9383

Penny O’Brien

RE/MAX Excellence 702.321.938

4435 S. Buffalo Dr.

Las Vegas, NV 89147

HUD Section 184 Native American Indian Loan Program, Penny O’Brien, Las Vegas Special Agent 702.321.9383

Wednesday, November 15th, 2017

Hi there,

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

RE/MAX Excellence

4435 S. Buffalo Dr.

Las Vegas, NV  89147

 

SUNSET in Las Vegas, Penny O’Brien 702.321.9383 Buyers, sellers everyone is welcome Section 184 FHA, Conventional, Cash, VA

Wednesday, November 8th, 2017
SUNSET in LAS VEGAS

SUNSET in LAS VEGAS

Hi everyone,

Evenings in Las Vegas are amazing.  If you don’t already live here then you might want to consider the move.

Perks of living in Las Vegas

Wonderful weather

So many wonderful food establishments

No state tax

Great People

Low Property taxes

Concerts and wonderful entertainers

Beautiful evening and sunsets

Great housing prices

24 hour shopping

gambling

great airport

ubers everywhere

Great Realtor, Penny O’Brien here to assist in your moving needs

Lenders with wonderful loan programs like the HUD Section 184 Native American Program, FHA

VA loans

Conventional lenders with great programs

Las Vegas Strip

Fun and more fun

Section 184 Indian Home Loan Guarantee Program, ask me about it.

Here’s a little about the Section 184 Program:

It’s the Office of Loan Guarantee within HUD’s Office of Native American Programs, which guarantees the Section 184 home mortgage loans made to Native borrowers.

The borrower applies for the Section 184 loan with a participating lender, I have access to these lenders, just give me a call @ 702.321.9383, Penny O’Brien.

The lender then evaluates the necessary loan documentation and submits the loan for approval to HUD’s Office of Loan Guarantee.

I can help with your Real Estates needs with over 18 years full time experience.  I only have amazing happy clients who would love to share with you their Real Estate Experience we experienced. Penny

 

 

1% Down Payment Buyers Conventional loan Las Vegas, NV Low down payment Call Penny O’Brien 702.321.9383

Wednesday, November 8th, 2017

Hi there,

Do  you have the need to purchase a home but don’t have enough money for your down payment?  I have news for you.  There is a lending company out there that offers a 2 % Lender Gift to qualified borrowers.  With this 97% LTV mortgage, I can help buyers get into your dream home with a low 1 % down payment.  Here is a few of the highlights of this program.

Conventional loan

Available on 10,15, 20,25, and 30 year fixed rate purchase loans

97% LTV

Lender Gift in the amount of 2% of the loan amount

First time home buyer is not a requirement

Cancellable monthly mortgage insurance

Boarder income can be used

1 unit single family residence

FICO score as low as 640

This program is to help more buyers buy a home.  Call me and let’s get moving NOW

Penny O’Brien 702.321.9383

RE/MAX Excellence Las Vegas, NV

MORE info:

Down payment, the minimum borrower contribution is 1%.  This 1% must be from the borrowers’ own funds and cannot be a gift.

Mortgage Credit Certificate can be used to qualify for more home

This is a great alternative to FHA due to no upfront MIP and monthly MI  is cancellable whereas on FHA, the MI is for the life of the loan

 

PROPERTY TYPES:

SFR, condo’s PUD no 2-4 units or Manufactured homes

Purchase/Owner Occupied Only, no refinances

Borrower does not have to be a first time home buyer but cannot own other property at the time of closing.

Loan must receive approve/eligible DU finding

 

I work with all buyers and sellers no matter what your situation is: Short Sales too.

I am a military mom, I LOVE helping with VA loans too.

I know the HUD Section 184 Native American Home Loan Program and have lots of buyers who have used it. it’s an  AWESOME program

 

 

HUD 184, Native Americans get home loans LAS VEGAS, HENDERSON, SUMMERLIN, SW, NW Penny O’Brien 702.321.9383

Wednesday, August 2nd, 2017

Hi there,

The HUD 184 was established in 1992, the Section 184 loan provided by HUD, the Department of Housing and Urban Development, has helped thousands and continues helping Native Americans get home loans both on and off reservations.

HUD 184 loan, what is required for both home and borrower eligibility:

There is no maximum income limits

Gifts of money funded by family or the tribe for assistance are allowed

Home buyer education is not required

Needs to be an owner occupied primary residence

5% one time, up-front guarantee fee that is financed into the loan

Down payment requirement of 2.25%

Want more info?  Do you Have more questions about this wonderful program? I can help you out and would really love the opportunity to work with you.

Enjoy your day/evening, Penny O’Brien 702.321.9383

GowithPenny@yahoo.com 

 

 

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


Cell:  702.321.9383
Email: lasvegasniceliving@yahoo.com

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