Section 184 Loan
Tribal LoansSection 184 Loans (Tribal Loans)
Guaranteed by HUD (Department of Housing and Urban Development) a Section 184 loan is a financing tool for members of Federally recognized tribes and Alaska natives.
Section 184 loans include:
- 2.25% down payment
- Below market monthly mortgage insurance
- Area restrictions, depending on state
- Proof of tribal membership
- Flexible underwriting