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Section 184 / Indian Home Loan Guarantee Program 

The Section 184 Indian Home Loan Guarantee Program is a mortgage product specifically designed for American Indian and Alaskan Native families, Alaska villages, tribes, or tribally designed housing entities. Section 184 loans can be used on and off of native lands, for new construction, rehabilitation, purchase of an existing home, or a refinance.


Who qualifies for Section 184 loans?

  • American Indians or Alaskan Natives who are citizens of a federally recognized tribe.

  • A minimum credit score of 620

  • Oklahoma has been designated as an eligible area for the Section 184 mortgage.

  • Down Payment of at least 2.25% on loans over $50,000 and only 1.25% on loans under $50,000


Any Oklahoma borrowers that are not sure if you qualify, please talk to us. We have experience navigating these regulations and can help you evaluate your situation.


Section 184 loan requirements set by HUD’s Office of Native American Programs:

  • Low-Interest Rates are based on market conditions, not based on applicants' credit scores.

  • Section 184 Upfront Loan Guarantee Fee and Annual Mortgage Insurance: A one-time 1.0% upfront guarantee fee is paid at closing and can be financed into the loan.

  • Section 184 no longer has monthly mortgage insurance.

  • Section 184 cannot be used for Adjustable Rate Mortgages (ARMs) 


Contact your First American Mortgage loan officer to learn more about Section 184 loans!

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