This is a loan available as a special loan program for Registered members of a federally recognized tribe. Any Native American that is registered with a federally recognized tribe is eligible for this loan.
- 2.25% required for down payment
- There are down payment assistance programs that can be used in conjunction with the Tribal 184 loan program
- NO upfront or monthly mortgage insurance
- 1% funding fee that is financed into the loan instead of mortgage insurance
- Max debt to income ration ratio is 41%
- No income cap on the programribal 184 loan program
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photo provided by http://nwmt.org
