section 184 loans: Section 184 Loans for Native Americans--It's worth asking.
- 09/04/12 02:57 PM
Most Real Estate agents and loan officers don't know about Section 184 Native American Loans. Resources for this program are few and far between, but every year, thousands of people use this valuable program to purchase homes at a steep interest rate discount and with no down payment. Here is the information from HUD's site: To help 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 … (4 comments)
I help correspondent lenders get approved with Chenoa Fund, offered by CBC Mortgage Agency. I've been associated with the real estate industry for over 15 years.
Most Real Estate agents and loan officers don't know about Section 184 Native American Loans. Resources for this program are few and far between, but every year, thousands of people use this valuable program to purchase homes at a steep interest rate discount and with no down payment. Here is the information from HUD's site: 
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