Are you Native American?

Native American homebuyers have access to specialized home loan programs designed to make homeownership more affordable and accessible. Whether you're buying a home on tribal land, refinancing, or looking for low down payment options, there are several loan programs available to assist you in achieving your homeownership goals.

The HUD Section 184 Loan is a government-backed program specifically designed for Native American and Alaska Native families, tribes, and tribal housing entities. This program offers unique benefits tailored to meet the needs of Native American borrowers.

• Low Down Payment: As little as 2.25% down for loans over $50,000 and 1.25% for loans under $50,000.
• Flexible Credit Requirements: More lenient underwriting guidelines compared to conventional loans.
• Available for Homes on and off Tribal Land: Can be used for homes located both on and off federally recognized tribal trust lands.
• Fixed-Rate Mortgages Only: Ensures predictable monthly payments with no adjustable-rate surprises.
• No Prepayment Penalties: Allows borrowers to pay off the loan early without financial penalties.

• Purchase a new or existing home
• Refinance an existing loan
• Rehabilitate or renovate a home
• Construct a new home

In addition to the Section 184 Loan, Native American borrowers may also qualify for other traditional mortgage options, depending on their financial situation and the location of the home.

• 3.5% down payment required
• More flexible credit requirements
• Available for both single-family homes and multifamily properties (up to 4 units)

• No down payment required
• No PMI (private mortgage insurance)
• Competitive interest rates with government backing
• Can be used on tribal trust land with proper approval

• 100% financing available (no down payment)
• Must be located in a USDA-eligible rural area
• Low mortgage insurance costs

• Minimum 3%–5% down payment (for qualifying borrowers)
• More stringent credit and income requirements
• Can be used for primary residences, second homes, and investment properties

Many tribes and tribal housing authorities offer additional down payment assistance, closing cost grants, and homebuyer education programs. Some key programs include:

• Tribal Home Loan Assistance Programs: Many tribal governments provide financial assistance to tribal members buying homes.
• Native American Direct Loan (NADL) Program: A VA-backed loan for eligible Native American veterans looking to buy, build, or improve a home on federal trust land.
• State & Local Assistance Programs: Some states offer special grants and loan programs for Native American homebuyers.

Navigating home loan options as a Native American borrower can be complex, but our team specializes in guiding you through the process. Whether you're looking to use a Section 184 Loan, a VA loan, or another financing option, we’re here to help you find the best fit for your needs.