Find out more about the Section 184 Loan Guarantee Program in Riverside by speaking with a mortgage expert at (951) 200-5750
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(PRWEB) June 05, 2015
The Section 184 Indian Home Loan Guarantee Program, also known as the HUD 184 loan is a home loan that is specifically designed for American Indian, Alaska Villages, Alaska Native families, Tribes, or Tribally Designated Housing Entities. Section 184 home mortgages can be used, on native lands and off native land, for rehabilitation, new construction, purchase of an existing home, or even a refinance. To find out more about a 184 loan in California speak with a mortgage professional by calling, 951-200-5750.
To assist more Native access to home financing, the Office of Loan Guarantee inside’s HUD’s Office of Native American Programs, will offer to guarantee the Section 184 home mortgage loans offered to Native borrowers. By offering to guarantee these loans all the way to 100%, HUD encourages mortgage lenders to better serve the Native Communities. By offering this it will increase the value, and marketability of the Native assets, and will strengthen the financial stability of Native Communities. To speak with a mortgage expert about applying for the Section 184 Indian Home Loan Guarantee Program in Riverside County California click on the link provided.
The borrower’s responsibilities are to make an application with a participating 184 lender, and to provide information to the mortgage lender. A lender must have received approval to process a 184 loan guarantee. A list of participating lenders is listed on the HUD’s Section 184 Indian Home Loan Guarantee Program website. Kevin Leonard’s real estate agents are familiar with HUD’s Section 184 Indian Home Loan Guarantee Program, and can assist those in need of shopping for a new home. The group just completed a new site dedicated to information regarding these types of home loans seen here, http://hud184.blogspot.com/
Kevin Leonard is a mortgage professional who began in the mortgage business in 1997 and since then he has become one of the top mortgage specialists in the country, and has earned national acclaim for his efforts. Mr. Leonard prides himself in offering constant communication with his clients so that they have a full understanding of the loan process from start to finish. He is personally responsible for thousands of fundings, and along with his team, he has over 5 billion in residential loans funded to his credit. Mr. Leonard has a complete understating of the loan process from start to finish, and also consults with a long list of mortgage bankers in the secondary market. There are few, if any, that have the experience that Kevin Leonard has in the mortgage industry. He was one of the first to register with NMLS in 2008 when it was first instituted, and currently is licensed in the state of California as a loan originator. His team is partnered with the top real estate agents in San Diego because of the team’s fast pre-approvals with the ability to fund purchase loans quickly. To learn more about the HUD 184 loan in Temecula start by clicking on the highlighted link.
Phone: (951) 200-5750