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Higher interest on a HUD 184/Native American

I was a little disappointed to find out that the interest rates on a section 184 Native American loan tends to have a bit higher interest rates than a comparable FHA loan. I realize it is better than paying PMI, but still is it always higher with most lenders?
  • September 23 2012 - US
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Answers (3)

Profile picture for Dunes ..
Hope one of those nice Lender people stop by cause this is something I wasn't aware of, don't know anything about (I know..what does he know about?;) and makes me wonder if it is and why..

I would have thought Native Americans might get better rates while hoping those pesky Canadians got higher rates


  • September 24 2012
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Bump, just wondering if .5 higher is standard.
  • September 24 2012
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Last week it was 3.75%.
  • September 24 2012
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