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What is a Section 184 Home Loan?


The Section 184 Indian Home Loan Guarantee Program is a mortgage product specifically for American Indian and Alaska Native families, tribes, Alaska Villages, or tribally designated housing entities. Congress established this program in 1992 to facilitate homeownership in Native American communities.



With a Section 184 mortgage, borrowers can purchase a home with a low down payment, no monthly mortgage insurance and flexible underwriting.
• 2.25% down payment requirement for loans over $50,000
• 1.25% down payment requirement for loan under $50,000
• No monthly mortgage insurance
• A one-time, 1% loan guarantee fee that can be added to your financed loan
What types of loan options are available under Section 184?
• Purchase of an existing home
• Construction of a home (stick-built or a manufactured home on a permanent foundation)
• Rehab loans
• Purchase and rehab
• Refinancing (Rate and Term, Streamline, Cash Out)

How Does Section 184 Work?
HUD guarantees the mortgage loan made to eligible borrowers. The loan guarantee assures the lender that its investment will be repaid in the event of a foreclosure. The borrower pays a 1% loan guarantee fee at closing which may be financed in the mortgage or paid in cash. The borrower applies for the loan with a participating lender. If leasing tribal land, they work with the tribe and the Bureau of Indian Affairs to obtain an approved 50-year lease. The lender then evaluates the necessary loan documentation and submits the loan for approval to the HUD Office of Loan Guarantee.
Who is Eligible for a Section 184 Loan?
• American Indians or Alaska Natives who are enrolled members of a federally recognized tribe
• A member of an Alaska Village and Regional Corporation established pursuant to the Alaska Native Claims Settlement Act
• An Indian tribe
• A Tribally Designated Housing Entity (TDHE)
• An Indian Housing Authority (IHA)

How do I get started? Contact me – I can help you get started

For additional information visit HUD Website

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