Native American Home Loans In Texas

Statistics show that about 50% of Native Americans living in the United States are homeowners. This information is surprising because Native Americans can now more quickly and affordably become homeowners thanks to a unique loan program established by the Department of Housing and Urban Development (HUD).





HUD-184 Native American Home Loan

The Department of Housing and Urban Development administers the HUD-184 Lending, a government-supported loan program. It was developed primarily to give tribal members of Native American people access to flexible mortgage financing.

HUD-184 Home Loan Eligibility

Individuals from a federally recognized tribe may participate in the Section 184 Loan Program. As long as they possess a Tribal Membership or Citizen Card from a tribe that has received formal government recognition, all Native Americans, both first-time and repeat homebuyers, are eligible for the loan.

Qualification Requirement For HUD-184 Loan

Native American home loans are available from Capital Home Mortgage, a full-service Texas mortgage provider. Many Native Americans have benefited from our assistance in becoming homeowners, and we can help you too!
A HUD-184 loan may be of interest to you. Here are some essential facts you should know before applying for a loan.

  • FICO Score:
  • Since the HUD-184 loan has no minimum credit score requirement, it is the perfect option for qualified but credit-challenged customers. Borrowers with bad credit are not subject to higher interest rates as they are in most mortgage programs.

  • Debt-to-Income Ratio:
  • To calculate the borrower’s ability to repay and what they can afford, lenders often use a debt-to-income ratio of 41 percent.

  • Income:
  • The HUD-184 loan has among of the lowest market-average down payment requirements. The minimum down payment for loans exceeding $50,000 and under $50,000 is 2.25 percent and 1.25 percent, respectively. A one-time guarantee fee of 1.5 percent is further paid to the government. Your savings, investments, or family presents may be where you get this money from. Also acceptable is tribal help.

  • First-Time and Seasoned Buyers:
  • In contrast to other low-down-payment mortgage programs, this one accepts applications from first-time and seasoned home buyers. The program may be used by eligible borrowers more than once but may take out only one Section 184 Loan at a time.

  • Buy, Build, or Renovate:
  • The HUD-184 Loan is available to qualified borrowers who want to buy, remodel, or build a house.

  • Refinancing:
  • Many homeowners also use HUD-184 loans to refinance their current loans to obtain better terms.

  • Underwriting:
  • HUD-184 loans undergo a comprehensive manual review procedure that is in-depth and complete rather than submitting paperwork to a computer that generates mortgage approvals or denials based only on numbers. This might result in a better probability of being accepted and receiving a mortgage that meets your demands.

    Section 184 Loan Assistance

    For Native American homebuyers, HUD-184 loans are a great option because they provide better terms and more flexibility than other loan kinds. A Section 184 loan application, however, might be challenging to complete.
    The mortgage professionals at Capital Home Mortgage can assist you if you are a Native American and think you might qualify for a Section 184 loan.
    We offer free consultations, address any queries you might have regarding a Section 184 mortgage, and guide you through all of your lending alternatives. Speak with our Native American Team by calling 800-854-4142 right away!

    FHA Loans Help Make Home Ownership 

    Possible For a Wider Range of People.

    FHA Loans in Texas

    An FHA Loan Specialist Ready To Help You

    Our FHA Loan Specialists are always available to help you and answer any questions.  You may contact a dedicated FHA Loan Specialist through our website or by calling us directly. You may also chat with us to get a quick answer to your questions.

    FHA Loans in Texas

    We Make The FHA Loan Process Quick & Easy

    Lenders often times will steer their clients away from an FHA loan due to their inexperience with the program.  FHA Loans are a great source of funding for our clients.  We share our knowledge and experience with FHA loans, making it easier for borrowers.

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    FHA Approved Lender

    The Federal Housing Administration requires lenders offering FHA loans to go through an extensive approval process. We are FHA-approved and designated as a “Full Eagle” FHA mortgage lender offering FHA-insured home loans in Texas.