Capital Home Mortgage Beaumont

Beaumont Native American Home Loans

Beaumont Native American Mortgage Lender

Beaumont Native American Home Loans

The Beaumont area is home to many Native American tribes, so Native American home loans are becoming increasingly popular in the region. This mortgage, also known as the Section 184 Native American home loan, was created by the Department of Housing and Urban Development of the U.S. or HUD to provide and promote homeownership to Native Americans.

If you’re a Beaumont resident looking to buy a home, you may wonder if a Native American home loan is right for you. Fortunately, with a bit of help from us at Capital Home Mortgage, you can find your perfect home. You’ll get all the information needed to understand this program so that nothing stands between what’s best for yourself and owning a fantastic house. Everything you need to know, from eligibility standards to the benefits of this type of loan, has been covered.

Qualification Requirements of Native American Loans 

For starters, any person of any Indian tribe that the federal government recognizes can apply for this loan. This includes Alaska Natives as well as those from any federally recognized tribe. Someone who is a part of a tribally designated housing entity or the Indian Housing Authorities can also be eligible for this mortgage.

Native Hawaiians have a unique loan program that is covered by Section 184A. The qualification requirements for borrowers differ from other types of loans, but they must still be acquired in an eligible area. You can check if your county was approved on its list of approved counties.

Unfortunately, there are some states where you can’t get a loan as a Native. But that does not imply that we abandon you! Our team at Capital Home Mortgage is more than happy to help you find an alternative that best suits your needs. There are still eligible programs for which your approval will still be partial or complete depending on our requirements.

Benefits of Native American Home Loans

The new Section 184 has made it easier for Native Americans to qualify for and receive funding. It’s a law where you can get up to a 100% guarantee from the federal government, encouraging banks or lending institutions to accept these loans. There are also other more benefits that come from this type of mortgage.

First, they have lower down payment requirements than conventional mortgages. You can pay as low as 2.25% for loans exceeding $50,000. Meanwhile, you can pay as low as 1.25% for loans lower than $50,000.

Second, you are not required to have a high credit score. For this reason, this mortgage can be used in refinancing the construction of your home or when you buy an existing one, whatever the cost, with its market-based interest rate.

Third, you are guaranteed an upfront fee of 1.5% at closing, which will not be a disadvantage as you are not required to pay with your money.

Lastly, you can enjoy lower mortgage insurance provided your loan-to-value is at least 78% or above. In particular, you are only required to pay a 0.25% annual insurance premium.

Apply for a Beaumont Native American Home Loan

Capital Home Mortgage offers a hassle-free home-buying experience for Native Americans. We know that acquiring a home loan can be daunting, but our team is more than happy to assist you.

We offer various loan products at affordable rates because we are a direct lender. We understand the unique needs of our borrowers, which is why we tailor our loans to fit your specific requirements. Call us at (409) 242-5530 to learn more about our Beaumont Native American home loans.

Why Beaumont HomeBuyers are Choosing Capital Home Mortgage
Close On Time

Control of the Loan from Application to Funding

Great Rates & Low Fees

Direct Lender Providing Competitive Rates and Low Fees

Exceptional Customer Service

7  Day a Week Support Application to Final Mortgage Payment

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

Beaumont Native American Purchase Loans

HUD 184 Home Loans are solely for Native Americans and offer a variety of purchase benefits.

  • 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

Beaumont Native American REfinance Loans

HUD 184 Refinance Home Loans can streamline rate & term, equity cash-out, or Rehabilitation of current residence.

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
Texas Mortgage Programs

Texas Home Purchase

Thinking of Buying a Texas Home?

Looking to Purchase a Home? We have the loan for you… Call today to speak with a loan officer to discuss your personal mortgage options.

  • Primary, Secondary, Investment
  • FHA, VA, USDA, Native American
  • Conventional, Jumbo, Non QM
  • Reverse, Renovation, Manufactured

Texas renovation home loans

Looking to Rehab a Texas Home?

Want the Charm of an Older Neighborhood? But want a new place or a fresh look? Why not look at a renovation loan?  Purchase the Perfect Home and make it your own. Call today.

  • Remodel, Renovate or Repairs
  • FHA 203K Streamline or full
  • fannie mae homestyle reno
  • freddie mac home choice reno

Texas FHA Home Loans

Great for 1st Time Texas 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 Payment
  • Flexible Underwriting
  • Higher Debt to Income Ratios
  • Lower Credit Scores OK

Texas VA Home Loans

100% Financing for Texas Veterans

Proudly Serving Active Duty servicemen and women, as well as, retired and disabled veterans. Call today to speak with a VA loan officer.

  • Simply Qualifying for Veterans
  • No Down Payments Requirements
  • Lower Credit Scores Accepted
  • Manual Underwriting Allowed

Texas Conventional Home Loans

Flexibility for Texas 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
  • Great Rates & Low Fees 
  • Single Family and Multi-Family
  • Renovation Loan Programs

Texas Jumbo Home Loans

Texas Non Conforming Loans

Jumbo Home Loans also called Non Conforming Home Loans are great options for buyers needing financing outside of agency limits.  Call today to speak to a loan officer.

  • Primary Residence and 2nd Homes
  • Higher Loan Amounts – 3 Million
  • Great Interest Rates
  • Investor Specific Guidelines

Texas USDA Home Loans

100% Rural Texas 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.

  • Rural Properties Only
  • Primary Residence Only
  • Geographic Restrictions
  • Income REstrictions

Texas Native American Home Loans

Texas 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

Texas Manufactured Home Loans

Great Alternative Texas 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
  • OTC Land/ Home Combo
  • Lock Rate Before Completion
  • FHA, VA, USDA, & Native Loans

Texas reverse mortgages

Your Texas 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
  • credit scores not applicable
  • Minimum age 62

Texas Non QM Home Loans

Making Texas Mortgages Possible

Looking for Non Traditional Home Mortgage Loan?  Contact a Loan Officer Today to discuss the alternative mortgage options currently available.

  • Purchase, Rate and Term & Cash-out
  • Primary, Secondary and Investment
  • Full Doc & Bank Statements Programs
  • Corporations OK

Texas One Time Close mortgages

Build Your Texas 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 Residence Only
  • Close Once
  • Lock Rate at Contract
  • Traditional Final Mortgage

Texas Refinance Mortgage Loans

Texas 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.

  • Reduce Mortgage Term
  • Lower Monthly Payments
  • Appraisal Waivers
  • Streamline Options Available

Texas Cash-out Home mortgages

Texas 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
  • Vacation or Education

Beaumont Texas Native American Mortgage Team

Brad Rund

Native American Lending
Manufactured Lending

Dale Gremillion

Manager
NMLS 210325

Conor Hayhurst

Manager
NMLS 743506

Kathy Rubin

Sr Loan Officer
NMLS 204449

Beaumont Mortgage Company Reviews