Lending Program Overview

Four Directions Development Corporation manages a revolving loan pool for tribes and tribal members throughout the state of Maine. FDDC’s loan products for individuals are tailored to meet the specific needs of tribal members, who often face significant barriers to accessing affordable financing.

Home Loans

FDDC finances on-and-off reservation home loans and consumer loans for tribal members in Maine. Homeownership is a key component in building a vibrant community. It stabilizes neighborhoods as well as families, and continues to be an important source of long-term financial security. We offer housing loan products for the purchase as well as improvement of residential property at the lowest possible cost to benefit low- to moderate-income borrowers. All of our loans carry an affordable fixed interest rate and conventional terms. Check out our home & consumer loan products and descriptions here.

As illustrated in our Indian Island Impact Study, FDDC, in partnership with the tribes, has created unique options for on-reservation home loans in places where on-reservation real estate markets were previously very restricted. Four Directions has helped to make on-and-off reservation homeownership a possibility and asset-building vehicle for tribal members across Maine. 

Business Loans

While housing loans make up the bulk of our lending portfolio, FDDC does currently offer grants and micro loans to Native artists, entrepreneurs, and business owners in Maine in partnership with MaineStream Finance and the SBA. We also offer larger business loans for more established Native businesses. Visit our business lending page for more information on current loan products and programming.

Community Development Loans

FDDC can also be a resource for tribes and tribal departments. We are able to assist in financing tribal housing development projects, community facilities, and other tribal-level projects and initiatives.