The Section 184 Indian Home Loan Guarantee Program is a home mortgage product specifically designed for American Indian and Alaska Native families, Alaska villages, tribes, or tribally designated housing entities. Congress established this program in 1992 to facilitate homeownership and increase access to capital in Native American Communities. With Section 184 financing borrowers can get into a home with a low down payment and flexible underwriting. Section 184 loans can be used, both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
ELIGIBLE BORROWERS:
ELIGIBLE AREAS:
Loans must be made in an eligible area. The program has grown to include eligible areas beyond tribal trust land. (Contact a Loan Originator for a complete list)
This is the 3rd time using the Chris Squires Group - InterLinc Mortgage Services…two home purchases and one refinance. I have bought other properties in the past, and used other mortgage companies, but NO ONE compares to the customer service they provide. They walk you through every detail of the transaction, answer every question, and great follow up at every turn...they make the whole process as stress free as possible. Even though some processes had changed due to the Covid-19 pandemic, InterLinc rolls right on, adapts to necessary changes to make everything go smoothly. They are THE BEST!
