HUD 184 Loans

The HUD 184 Loans or HUD Section 184 Home Loan is the same program for Native Americans of all members of federally recognized Tribes to purchase a home, refinance or build a home, regardless of income, or degree of Indian Blood.  You just need your citizenship card from your Tribe.

 

Where are HUD 184 Loans Available?

We offer HUD 184 Loans in Oklahoma, Kansas, Colorado, California, Florida, Washington, New Mexico and Oregon. There are no income or location restrictions so you can purchase a home anywhere in the state. The program is unique because whether you purchase or build it is only 2.25% down for the entire purchase price.

Please call 918-582-7283 or apply online so we can customize the loan to your exact needs.

Common HUD 184 Loans FAQ's

What are the Main benefits: 

Only 2.25% down and LOW Monthly PMI! ($15 per month for every 100k financed)

 

How do I know if I qualify?

Most tribes provide a citizenship card or document. Just send it in with the HUD Section 184 loan application.

Are there credit score requirements?

No. We are looking for borrowers that have more than 12 months of credit history with no open collections or 30 day late payments within 12 months.

Do I have to purchase on Indian Land?

No. with the HUD Section 184 program you can finance anywhere in Oklahoma, Kansas, Colorado, California, Florida, Washington, New Mexico and Oregon is fine.

Is this a low income housing program?

No. All incomes are accepted.  Must be below a 41%DTI ratio.

Why doesn't my Bank offer this program?

The bank might offer the program, (HUD 184 Approved Lenders) but the loan officers don't have experience with the program.  So the process becomes a nightmare.  We specialize in the program and can make the entire experience smooth. 

HUD Section 184 Credit Requirements #HUD184