New Changes to HUD Section 184 Native American Indian Home Loan Guarantee now will also allow for Refinance Transactions

DENVER, Colo., Nov. 14, 2014 (SEND2PRESS NEWSWIRE) — Native Americans with a tribal enrollment card have been eligible for a specialized Home Loan Guarantee Program (HUD Section 184) since 1992 to assist in the purchase of a new home, says Morgan Pennington, a Section 184 Licensed Mortgage Consultant at Universal Lending Corporation. Beginning this year, there are some new changes went into place that will make it even more attractive to Native American Indian homeowners.