Calyx Point users can now access products and pricing information for 1st Tribal Lending programs, regardless of whether they have registered to broker loans with 1st Tribal Lending. 1st Tribal Lending is a division of Mid America Mortgage, a multi-state, full-service mortgage lender.
1st Tribal Lending, which is licensed in 40 states, offers Section 184 home loans to Native Americans who are enrolled members of federally recognized tribes. Properties can be financed both on and off native lands, for new construction, rehabilitation, purchase of an existing home, or refinance.
“In today’s competitive market, lenders are looking for new niche markets and programs to put their borrowers in homes,” said Bob Dougherty, Vice President of Business Development at Calyx Software. “This integration allows 1st Tribal Lending to increase its outreach to Calyx’s extensive user base, and, at the same time, provides all Calyx customers, even if they are not yet approved to broker loans with 1st Tribal Lending, access to the lender’s loan programs for Native American borrowers.”
“One of the challenges of offering unique programs, like Section 184 loans, is marketing and educating brokers on the guidelines,” said Brett Robinson, Managing Director of 1st Tribal Lending. “We are excited to be integrated with Point to help brokers, and ultimately more Native American borrowers. Having easy access to our programs will open up more opportunities for purchases on and off the reservation, site built constructions, manufactured homes, and refinances.”
To access 1st Tribal Lending’s offerings in Point, select Product and Pricing from the Interfaces menu, select 1st Tribal Lending, and click 1st Tribal Lending.