At the end of every fiscal year, HUD and the Office of Native American Programs suspend activity for the Section 184 Native American Mortgage Home Loan program to reconcile financial accounts and set up accounting codes for the next fiscal year. The closeout period typically lasts several weeks, extending from the end of one fiscal year through the start of

Attention members of federally recognized tribes! THIS IS HISTORIC NEWS FOR ALL OKLAHOMA FEDERAL TRIBAL MEMBERS! It was just released that the Department of Housing and Urban Development (HUD) increased the maximum loan amount for the Section 184 Native American home loan to $420,680!! This applies to ALL of Oklahoma! Tribal members love this program because it offers a very

On August 17, 2021, HUD and the Office of Native American Programs informed Lenders that the Section 184 Indian Home Loan (Section 184) program would begin the Fiscal Year 2021 financial closeout beginning on September 20, 2021. The Fiscal Year closeout process is now complete. The Office of Native American Programs was pleased to announce that on October 12, 2021,

At the end of every fiscal year, HUD and the Office of Native American Programs suspend activity for the Section 184 Native American Mortgage Home Loan programs to reconcile financial accounts and set up accounting codes for the next fiscal year. The closeout period typically lasts several weeks, extending from the end of one fiscal year through the start of

All Section 184 case numbers issued on or after November 15, 2014 for the Section 184 Native American Mortgage home loan program , will be subject to an annual loan guarantee premium of 0.15 percent. This premium is in addition to the upfront 1.5% loan guarantee fee. When the unpaid principal balance of the Section 184 loan (excluding the upront

To meet the growing demand for participation in the Section 184 program, HUD is increasing the loan guarantee fee paid by borrowers to 1.5 percent of the principal obligation. By raising the loan guarantee fee paid by borrowers to 1.5 percent of the principal obligation, the credit subsidy rate will go down, and HUD expects the program will be able

Effective Friday April 4th, 2014 – The Section 184 Native American Mortgage home loan program will resume issuing case numbers for refinances on fee simple land. This means that the Section 184 program will again be offering all refinance types that were previously available. However, it is important to note that all refinance transactions, including streamline refinance transactions, will need

New loan limits for the section 184 Native American loan have been released. These new limits are effective starting January 1st, 2014. This list is broken down by state and county.

Section 184 Funds: Based on the receipt of program funds, Section 184 staff will immediately begin to issue case numbers and firm commitment amounts (with a cohort number). Case numbers and cohorts will be processed based on the date of receipt. Refinancing on Fee Simple Land: Unfortunately, the Section 184 has not resumed refinancing on fee simple land. However, the

This is the comprehensive list of federally recognized tribes used to determine eligibility for the Section 184 Native American loan.

The Section 184 Program, a home loan product offered by the Department of Housing and Urban Development, is pleased to announce that starting today the program will again be issuing loan approvals for home purchases. Lenders can resume the process of requesting cohort numbers. This is well ahead of the previously announced resumption date of Monday April 15, 2013. The

In our Resources Section, just posted is the most recent map showing nationwide, the eligible area’s for the Section 184 Native American loan.

We have just received notification from the Office of Native American Programs that a moratorium has been placed on all refinance transactions and will no longer be issuing case numbers on most refinance transactions. The reason for this action is that HUD as well as the entire federal government is currently funded under a continuing resolution which caps government spending