Housing Streamline Rehabilitation Loans

Streamline Rehabilitation Loans

Loans to assist tribal members with energy efficient improvements and simple repairs that can be easily estimated and completed.

Eligibility

  • CNO tribal member residing within the State of Oklahoma
  • Copy of most recent pay stub for a 30-day period
  • Copy of award letter for SSI, AFDC, retirement income, etc.
  • Copy of SSN card and a valid photo identification (driver's license or state ID) for all borrowers
  • Copy of front and back of CDIB and tribal membership card
  • Copy of filed property deed
  • Copy of homeowners insurance verification
  • Copy of contractor's estimate for requested work; if work is roof, electrical or plumbing, the contractor must be licensed.

How to Apply

Submit completed application and required documents.

Choctaw Home Finance
PO Box G
Hugo, OK 74743
Fax: 580-326-7641

Additional Information

  • Loan terms up to 10 years
  • Interest rate of 3%
  • Maximum loan amount $20,000
  • Loans greater than $10,000 will require an appraisal
  • Loans available in Oklahoma
  • No income limits
  • Credit guidelines must be met
  • Funds are based on first-come, first-served basis
  • All loan funds are subject to availability