Home Loans
HUD – Home Loans
DBAS administers HUD (U.S. Department of Housing and Urban Development) home loan programs in American Samoa. These federally backed programs are designed to make homeownership more accessible and affordable for qualifying individuals and families in low-to-moderate income brackets.
Loan Products
| Unit Size | Max Loan Amount | Interest Rate | Max Term |
|---|---|---|---|
| 1 Bedroom | $43,000 | 2.5% – 5% Fixed | Up to 30 Years |
| 2 Bedroom | $50,000 | 2.5% – 5% Fixed | Up to 30 Years |
| 3 Bedroom | $65,000 | 2.5% – 5% Fixed | Up to 30 Years |
Eligibility Requirements
HUD HOME programs have income and property eligibility requirements. Participants must meet HUD income limits and the property must meet HUD standards.
Required Workshops
HUD HOME program participants are required to attend mandatory workshops. Check our Announcements page for upcoming dates and registration.
Affordable Rates
HUD-backed loans offer below-market interest rates and extended terms to help make homeownership achievable for more American Samoa families.