Home Loans
Loan products are available to tribal members and descendants on the White Earth Reservation and other areas of rural Minnesota to help qualified buyers achieve homeownership. Additional down-payment assistance loans are available to achieve affordable monthly payments.
Down-payment Assistance Loans (Second Mortgages)
- Up to $5,000 loan at 0% interest for purchase of owner-occupied principal residence
- Payments deferred until sale of home or maturity of first mortgage
- Buyers must qualify for and receive a homebuyer education certificate
USDA Native CDFI Program Loans (First Mortgages)
- Loans to income qualified buyers
- Fixed interest rate as low as 5%, based upon income
- Low or no down-payment requirements
- Must be located within the White Earth Reservation
- Home may be located on tribal trust
- Must be owner-occupied principal residence
- Other requirements apply
Other Loans
- Manufactured homes on the White Earth Reservation
- WEII Loans – Loans for purchase and other needs
All loans subject to credit approval. Interest rates are subject to change. Loans are available until funds are depleted.
WEII may refer loan requests to an affiliate, Midwest Minnesota Community Development Corporation, for access to additional products.
WEII does not provide loans for construction of new homes for personal use.
Homebuyer preparation
Not sure if you are ready to become a homeowner? Take advantage of our financial coaching, homeownership advising, and homebuyer education program. Click here to learn more.
Loan payoff
To request a loan payoff amount, please send a request by email to Audra Tonihka, or by mail to Loan Servicer, White Earth Investment Initiative, P.O. Box 66, Ogema, MN 56569-0066. This address also should be used for sending payments by mail.
