Hokinac “Personal” Loan: A personal loan with a maximum lending amount of $2,500.00 for secured loans, and $1,250.00 for unsecured loans. To qualify your debt-to-income ratio must be 40% or under and you may not have more than $5,000.00 of judgments or collections on your credit report. Payback period is 3 years. HCN employees must be employed for a period of at least one year and loan will be repaid by weekly voluntary wage assignment.

Fresh Start Loan: A loan designed to help the consumer pay off or consolidate high interest debt such as payday loans as well as pay off past collections to help you get to financial freedom. The maximum lending amount is $2500.00 for an unsecured loan and $5,000.00 for a loan secured by per capita. The check will be mailed directly to the retailer. To qualify your debt-to-income ratio must be 50% or under and you may not have more than $10,000.00 in judgments or collections on your credit report. Payback period is 18 months for unsecured loan and up to 36 months for a secured loan. Ho-Chunk Nation employees must be employed for a period of at least one year and loan will be repaid by weekly voluntary wage assignment.

Auto Loan: A loan is available for Ho-Chunk Tribal Members and Ho-Chunk Nation Employees to contribute towards a reliable vehicle to get you to where you need to be. The maximum lending amount is $10,000.00 or up to the amount allowable by your debt to income. To qualify, your debt-to-income ratio must be 40% or under and you may not have more than $5,000.00 in judgments or collections on your credit report. Payback period is 3-5 years. Interest rate depends on the year of vehicle and debt-to-income ratio. Term is dependent upon the year of the vehicle. Ineligible if vehicle has been repossessed in last (4) years. Ho-Chunk Nation employees must be employed for a period of at least one year and loan will be repaid by weekly voluntary wage assignment. Commercial Loan: Currently under revision.

Commercial Loan: Currently under revision.

Emergency Loan: A loan designed to assist Ho-Chunk Tribal Members & Ho-Chunk Nation Employees with emergencies such as gas/electric/propane/auto repairs. No credit check. Maximum amount for loan is $700.00 with a $70.00 fee to be added to loan. Repayment is 6 months-total amount of loan is divided into two payments. Recipient must pledge their Per Capita as collateral. Ho-Chunk Nation employees must use Voluntary Wage Assignment and verification of 1 year of employment.

Holiday Loan: Loan will be offered October – December based on availability of funds. Open to tribal members and Ho Chunk Nation employees. No credit check. Tribal members must have $275.00 available from per-capita payments to pay back loan in two payments. Ho-Chunk Nation employees must be employed for a period of at least one year and loan will be repaid by weekly Voluntary Wage Assignment.

Mortgage Pilot Program: The beginning of a journey to bring Native communities the resources needed to make homeownership a reality. Five loans will be offered during pilot. Lending amount determined by affordability. Debt-to-Income ratio is 43% max. Housing ratio is 31% max. Interest rates will vary dependent on credit. Loan-to-Value is 95%.