American Indian reservations are commonly known to be mortgage deserts because of the lending difficulties involved, an article in National Mortgage News said.

However, one area proves to be an exception: The Bay Mills Indian Community of Michigan posted a fairly high percentage of mortgage finance on the reservation, which is unusual since the community is entirely trust land, the article said.

More mortgage lenders should get on board. If a mortgage is 100% guaranteed by the federal government, it is difficult to see what a lender has to lose by making it. The program has been a great success, with almost $3 billion in mortgage finance guaranteed.