Native American Housing Loans
An Affordable Mortgage for Tribal Trust PropertiesThe Native American Conventional Lending Initiative (NACLI) supports lending on fee-simple, federally restricted trust lands, and tribally restricted fee simple lands. We work with conventional (or non-government-backed loans) as well as government-backed loan products of the U.S. Department of Housing and Urban Development (HUD) and the Rural Housing Service (RHS) to better serve the housing needs of Native Americans. Fannie Mae also works with PMI Mortgage Insurance Company to offer a NACLI 1 percent down payment mortgage on fee-simple and federally restricted trust lands.
Fannie Mae will purchase U.S. Department of Housing and Urban Development (HUD)-guaranteed loans.
Key NACLI Features:
2006 Conforming Loan Limits
Alaska, Guam, Hawaii,
and U.S. Virgin Islands only
1 $417,000 $625,500 2 $533,850 $800,775 3 $645,300 $967,950 4 $801,950 $1,202,925