The HUD 184 loan program for Native Americans is worth checking out. It is similar to FHA but has no credit score limitations and PMI is much less. This program works with single family homes, condos, townhomes and homes that need work.
If you are looking to purchase a home and qualify for Native American assistance, please contact me to help you find a property. I am licensed to sell real estate in the entire state of Kansas. I primarily work in the Lawrence, Kansas, Douglas County and surrounding areas.
Here are some details about the HUD 184 program:
· 2.25% down payment
· LOW PMI: .15%
· Open Statewide in KS
· We can do owner occupied single family (1-4 units), manufactured, condos, townhomes
· We can do purchase + rehab if there is a home that needs some work (similar to FHA 203k, but much smoother process as we do them frequently)
· No minimum credit score (we do have to qualify and see that people pay bills)