Section 184

Section 184 loans can be used both on and off native lands for new construction rehabilitation purchase of an existing home or refinance.

Section 184. Section 184 is synonymous with home ownership in indian country. The section 184 loan guarantee program was created by the housing and community development act of 1992 to address the lack of mortgage lending in indian country. The 184 program offers a 100 loan guarantee.

Section 184 home loans are guaranteed 100 by the office of loan guarantee within hud s office of native american programs. If you are a potential homebuyer section 184 is a great product thanks to the low. The section 184 loan program was designed to provide access to mortgage financing to native american and alaskan native tribal members.

With section 184 financing borrowers can get into a home with a low down payment and flexible underwriting. Section 184 home loan guarantee is reserved for members of native american and alaskan tribes so to receive a section 184 loan you must be an enrolled member of a federally recognized tribe. Section 184 loans can be used both on and off native lands for new construction rehabilitation purchase of an existing home or refinance.

How section 184 works.