Capital Home Mortgage

Native American Home Loans

Native American Mortgage Lender

HUD 184 Native American Home Mortgage Loans

What is a Native American Home Loan Program?

Native American Home loans are part of HUD Section 184 Loan Guarantee Program and was established by the Housing and Community Development Act of 1992 to make it simpler for Native Americans to get a mortgage.  Borrowers can purchase a property with a low down payment and flexible underwriting thanks to section 184 financing.  On and off native grounds, section 184 loans can be used for new construction, renovation, buying an existing home, or refinancing.  

Qualification Requirements for Native American Home Loans

You must be an Alaskan or Native American tribal member to Qualify for a Section 184 Loan.  The tribal authority decides who is accepted into the tribe and frequently provides a card or letter to prove it.  It will be necessary to provide documentation of tribal membership when applying for a Section 184 loan.  It is up to the participating Tribes to decide whether Section 184 eligibility applies to specific counties or the entire state. 

The HUD-184 mortgage loan program requires no minimum credit score. It is the ideal solution for qualified individuals with marginal credit.  Unlike most mortgage programs, marginal credit borrowers are not subject to higher interest rates.

  • Credit – No minimum credit score is necessary to qualify for the program.  However, the borrower must always be creditworthy.  Alternative credit is permitted but not in place of traditional credit.  Borrowers must demonstrate a track record of meeting financial obligations per their borrower’s credit report.  The payment of all liens, collections, and judgments is required. All accounts must have on-time payments for the past year.
  • Down Payment – A 2.25% down payment will be required based on the lesser of the home’s appraised worth or its purchase price, Loans under $50,000 demand a 1.25% down payment.
  • Debt to Income – A debt-to-income ratio of 41% is required, which can be higher if there are other compensating factors to make up for it.  This means that your mortgage payment and other debts (such as personal loans, auto loans, student loans, credit cards, etc.) can’t take up more than 41% of your gross monthly income.  So, if you have a lot of debt, you will have less money left to pay your mortgage.
  • Property – The property being acquired must comply with lending requirements.  The lender will send an appraiser to verify the condition and value of the property to be purchased; the lot must also be subject to site control.
  • Tribal Affiliation – The borrower must present proof of membership in a federally recognized Indian tribe.   The tribe/corporation determines who is a member and how membership is documented. The tribe/corporation usually gives members a membership card.  To verify eligibility, the borrower must provide a copy of their membership card.

How HUD Section 184 Home Loan Program Works

The Office of Loan Guarantee, a section of HUD’s Office of Native American Programs, insures the Section 184 Home Mortgage Loans given to Native borrowers.  The loan program guarantees the lender that its investment will be repaid entirely in the event of a foreclosure.

Each county sets its borrowing restrictions for HUD Section 184 loan and HUD sets the “Max Loan Limits”.  Members of federally recognized tribes that are American Indians or Alaska Natives are eligible for the loan.  This year’s complete list of Indian tribes with federal recognition is available “Approved Tribes”.

The Borrower shall consult with the Tribe and the Bureau of Indian Affairs regarding its request for a Section 184 loan from a participating lender and its lease of tribal territory.  After carefully reviewing the necessary loan documents, the lender submits the loan for approval to HUD’s Office of Loan Guarantee.

apply for a HUD Section 184 Home Loan

Capital Home Mortgage can assist you if you are a member of a Native American tribe and feel you may be qualified for a Section 184 loan Native American Home Loan.  We provide complimentary consultations, answer any questions you may have concerning Section 184 mortgages, and explain all available mortgage options.  Call (800) 804-5181 to speak with our Home Loan Specialists.

Why HomeBuyers Are Choosing Capital Home Mortgage
Close On Time

Complete Control from Application to Funding

Low Rates & Low Fees

Direct Lender with Competitive Rates & Low Fees

Exceptional Service

7  Day a Week Support Application to Final Mortgage Payment

Capital Home Mortgage Rates

Have you ever wondered why interests rates are what they are and what determines the final rate?  Why borrowers receive different interest rates? Or why rates go up and down?  Interest Rates are calculated using several factors.

  • Demand for mortgage Securities
  • Property securing the mortgage
  • occupancy of the property
  • Loan to value of the property
  • Borrower’s credit worthiness

Native American Purchase Loans

  • Primary Residences Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed
  • Purchase an Existing Home
  • Construction of a New Home
  • Rehab an Existing Home
  • Purchase / Rehab Combo Loan

Native American REfinance Loans

CAsh-Out or Renovation

  • Appraisal Required
  • 97.75% Max LTV for Rehab
  • 85% Max LTV for Cash-out
  • County Loan Limits Apply

Streamline REfinance

  • HUD 184 to HUD 184
  • No Income Qualification
  • No Appraisal Required
  • No Mortgage Lates in Last Year

Capital home Mortgage Team

Dale Gremillion

Sr Loan Officer
NMLS #210325

Conor Hayhurst

Branch Manager
NMLS #743506
Shawna Johnson

Shawna Johnson

Manu / Reno / OTC
NMLS #1631859
Brad-Rund

Brad Rund

Business Dev Manager
NMLS #224674
Home Mortgage Programs

Home Purchase loans

Looking to Purchase a Home?

Looking to Purchase a Home? We have the loan program for you… Call today to speak with a loan officer to discuss your personal mortgage options.
  • Primary, 2nd Home, Investment
  • Low Rates & Fees, No fee Options
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo & Renovation
  • Manufactured, Construction, Reverse

Renovation Home Loans

Looking to Rehab a Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not a renovation loan? Purchase the Perfect Home and make it your own.
  • Remodel, Renovate or Repairs
  • FHA 203K Streamline 
  • FHA Full Documentation Rehab
  • Fannie Mae Homestyle Reno
  • Freddie Mac Home Choice Reno

FHA Home loans

Great 1st Time Homebuyers

FHA Home Loans are great for first time home buyers, buyers with less than perfect credit, or buyers needing less out of pocket.   Call today to get started.
  • Smaller Down Payments
  • Flexible Underwriting Guidelines
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Down Payment Gifts Allowed

va Home Loans

100% Financing for Vets

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.
  • No Mortgage Loan Limits
  • Simple Qualifying
  • Higher Debt to Income Allowed
  • Lower Credit Scores – Down to 500
  • Manual Underwriting Allowed

Conventional Home loans

Flexibility for Homebuyers

Conventional Home Loans are the best option for flexibility of property types and for mortgage loan terms. Call today to get speak to a loan officer.
  • Primary, 2nd Home, Investment Properties
  • Single and Multi-Family Properties
  • Variable Mortgage Insurance Options
  • Low Rates & a Variety of Mortgage Terms
  • Renovation Programs Available

Jumbo Home Loans

Non-Conforming Home Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits. Call today.
  • Primary & 2nd Homes
  • Variety of Mortgage Programs
  • Simple Qualifying for Veterans
  • Investor Specific Guidelines
  • Credit Score Minimums

USDA Home loans

100% Rural Home Loans

USDA Loans are a great option for families wanting to live outside of the city.  Call today to speak with a loan officer to discuss your personal loan options.
  • Primary Residences
  • No Down Payment Required
  • New Manufactured Homes Allowed
  • Closing Costs / Repairs Rolled In
  • Geographic and Income Limits Apply

Native american Home Loans

Hud 184 Home Loans

HUD 184 Home Loans are solely for Native American and offer a variety of benefits.  Call today to speak with a loan officer to find out more.
  • Primary Residence Only
  • Manual Underwriting for All Loans
  • No Credit Score Requirements
  • Tribal Grants Allowed
  • Purchase, Refinance, and Renovation

Manufactured Home loans

Great Alternative Housing

Manufactured Home Loans offer options to purchase an existing residence or build your dream home on your own land. Call today to speak to a Loan Officer.
  • Existing Purchase or Refinance
  • New Construction
  • One Time Close Land/Home Combo
  • Lock at Contract
  • FHA, VA, USDA, Native American

Reverse Mortgage Loans

Your Home at Work

Reverse Mortgage Loans offer seniors options to use their home’s equity for cash or to eliminate payments. Call today to get speak to a Reverse Loan Officer.
  • Primary Residence Only
  • Simple Qualifying – Equity Based
  • No Credit Score Requirements
  • Minimum Age 62
  • Purchase, Refinance, and Cash-Out

Non QM Home loans

Making Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.
  • Purchase, Refinance & Cash-out
  • Primary, Secondary, Investment Properties
  • Full Doc Programs
  • Alt Doc Programs
  • Corporations OK

One Time Close Home Loans

Build Your Dream Home

Want to Build? But unsure of what the future looks like? Remove the risk with a One Time Close Construction Loan.  Call today to see how a OTC loan works.
  • Primary Residences Only
  • One Time Close
  • Lock Rate at Closing
  • Traditional Final Mortgages
  • No Payments During Construction

Refinance Mortgage loans

Rate & Term Refinance

Refinancing can be a hard decision and the payback can sometimes be confusing.  Call today and let our Loan Officers walk you through the process.
  • Lower Monthly Payment
  • Shorten Mortgage Term
  • Streamline Options Available
  • Appraisal Waivers Allowed
  • VA IRRRL’s

Cashout Mortgage Loans

Equity Mortgage Loans

Cash-Out Mortgage Loans make use of the equity in your home by allowing you to refinance the current mortgage and access this equity to use as you see fit.
  • Debt Consolidation
  • Investment Opportunities
  • Home Improvement
  • Dream Vacation
  • Higher Education

Capital Home Mortgage Company Reviews

State Specific Mortgage Information
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