Keystone Mortgage Company introduces Section 184 loans to federally approved tribal members in eligible areas.
- PURCHASE/ REFINANCE
- CONSTRUCTION/ RENOVATION
- Minimum down payment of 2.25%
- Gifts/Grants may be available from Tribe
- Seller can pay all closing costs (up to 6% of sales price)
- No asset reserve requirement in most cases
- Does NOT have to be Indian Land- can purchase anywhere!
- No income limits
- Must have Native American Tribal Membership card from a federally recognized Tribe
- Flexible Credit Requirements