Tribal Trust Land Homeownership Act of 2025

Bill 119 hr 2130, also known as the "Indian Land Mortgage Processing Act," aims to address the delays and inefficiencies in the processing of mortgage packages associated with residential and business mortgages on Indian land by the Bureau of Indian Affairs (BIA). The bill sets specific deadlines for the BIA to process and complete these mortgage packages in order to streamline the process and ensure timely access to financing for individuals and businesses on Indian land.

The bill requires the BIA to process and complete all mortgage packages within 60 days of receiving a complete application for residential mortgages and within 90 days for business mortgages. This is intended to expedite the approval process and provide certainty to borrowers seeking financing on Indian land.

Additionally, the bill includes provisions to improve communication and coordination between the BIA and other relevant agencies involved in the mortgage approval process. This is aimed at reducing confusion and delays that can arise from lack of coordination between agencies. Overall, the Indian Land Mortgage Processing Act seeks to improve access to financing for individuals and businesses on Indian land by streamlining the mortgage approval process and setting clear deadlines for the BIA to process and complete mortgage packages. By addressing the delays and inefficiencies in the current system, the bill aims to promote economic development and growth in Indian communities.