Hello readers and welcome to the “Do I Qualify for HUD Section 184 Loans 2” that is an extension of our earlier article Do I Qualify for HUD Section 184 Loans part 1! We here at 1st Tribal Lending are dedicated and here to help you figure out the sometimes difficult and frustrating process of...
Established in 1992, the Section 184 loan provided by HUD, the Department of Housing and Urban Development, has helped thousands of Native Americans get home loans both on and off reservations. For those who are looking for some quick tips about the HUD 184 loan, what is required for both home and borrower eligibility, and...
Tribal loans grant Native American tribes the power to improve the living conditions of their lands. They can build, buy, and renovate homes on and off the reservation. The ability to acquire the loans necessary to improve the native lives is a recent advancement. The lands held in trust by the United States government and...
There are many reasons as to why a family would want to receive a home loan including buying a new or existing home, refinancing, building, or renovating. But, when owning a home on Tribal lands, being able to do what you want with the money that you receive can be tricky. This is because Section...
There is currently a lack of mortgage lending for Natives who live on the Reservation because of the issues with Trust land. Most banks will not allow any financing on Trust land. This can make finding a loan for a tribal member overly difficult. In 1992, Congress created a program that would help address the...
There are many things that can be confusing and frustrating when trying to apply for a home loan or mortgage, and even more difficult if you are a member of a Native American Tribe or Alaskan Native Tribe. Before 1992, it was nearly impossible for Native Americans who lived on reservations to obtain a mortgage....
