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Approved Section 184 Lenders rev 6.15.12
Please note this list will only be updated monthlyALABAMA
Lender Name
1st Tribal Lending, division of Mid-America
MortgageContactPhone #Mailman Phone Angela
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01
Gather all necessary documents such as income statements, credit history, and identification.
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Follow up with the lender to ensure they have received your application and to inquire about any additional steps or documents required.
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Be prepared to provide any additional information or clarification requested by the lender during the application review process.
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Upon approval, carefully review the loan terms and conditions before accepting the loan offer.
Who needs approved section 184 lenders:
01
Native American individuals or families who wish to purchase, build, or refinance a home on Trust land or tribal land.
02
Individuals or families who meet the income requirements and want to access the benefits and opportunities provided by the Section 184 program.
03
Lenders and mortgage brokers who specialize in or have experience with section 184 loans and want to assist Native Americans in achieving homeownership.
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What is approved section 184 lenders?
Approved section 184 lenders are financial institutions that have been approved by the U.S. Department of Housing and Urban Development to provide loans under the Section 184 Indian Home Loan Guarantee Program.
Who is required to file approved section 184 lenders?
Lenders who are approved under the Section 184 program are required to file reports and information related to their lending activities.
How to fill out approved section 184 lenders?
To fill out approved section 184 lenders, lenders must provide details about the loans they have issued under the program, including borrower information, loan amounts, and other relevant data.
What is the purpose of approved section 184 lenders?
The purpose of approved section 184 lenders is to increase access to homeownership for Native American families and promote economic development in Indian Country.
What information must be reported on approved section 184 lenders?
Approved section 184 lenders must report information such as borrower demographics, loan amounts, interest rates, and any defaults or delinquencies.
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