Snoqualmie Indian Tribe Down Payment Assistance Program

To be eligible for the Down Payment Assistance or Refinance Benefit, you must be an adult enrolled Snoqualmie tribal member. The following are ineligible for the Down Payment Assistance or Refinance benefit: incarcerated tribal members; households that consist of a minor Snoqualmie Indian child and that do not have an adult enrolled tribal member in household. To apply for Down Payment/Refinance Assistance you must: complete a Down Payment Assistance and Refinance Application; provide a preliminary approval letter from the lender. If purchasing a mobile home, you must submit an approval letter of applicant acceptance to mobile home park. The Tribal Member must submit and be listed on the purchase & sale agreement and be listed on an initial estimated cost to close document. The eligible tribal member must be on the first mortgage note and mortgage. If a purchase is being made through a private party a copy of the signed contract between vendor/buyer and seller listing the total sale price and a W-9 for the vendor/seller must be provided. If the purchase is being made through a home loan, wire transfer instructions for the down payment to be issued to an escrow account must be provided. Upon closing, the Tribal Member must submit their final closing costs documents to the Housing Department to confirm home purchase or refinance within 30 days of closing. Failure to do so may result in the Tribe treating the benefit as not used and seeking to recover the Down Payment Assistance or Refinance payment. For new homes being constructed whether through a prefab vendor or through a construction loan, the home must be complete within a year of funding being distributed.