Choctaw Homebuyer Advantage Program (CHAP)
Offers loans to eligible tribal members with no maximum income limits. Qualify for a mortgage loan according to credit and debt ratios.
Eligibility
- Proof of Choctaw Tribal Membership
- Copy of front and back of CDIB and Tribal Membership card
- Copy of most recent pay stub for a 30-day period
- Must provide landlord or mortgage lenders information for the last two years
- Copy of award letter for SSI, AFDC, retirement income, etc.
- Copy of W2 for past two years
- Copy of past two years date and filed federal tax return or tax transcripts
- Copy of most recent bank statement with bank name, address, and account information
- Copy of SSN card and a valid state issued photo ID or driver's license for all borrowers
How to Apply
Apply online, via mail, or email with Choctaw Home Finance for a referral to an approved lender
Choctaw Homebuyer Advantage Program (CHAP)
PO Box G
Hugo, OK 74743
Fax: 580-326-7641
Additional Information
Lending areas approved by participating lenders. Please call for specific state requirements. Out of state loans must originate with Choctaw Home Finance.
- Term: up to 30 years
- Credit guidelines must be met
- Funds are based on first-come, first-serve basis
- All loan funds are subject to availability