HUD Section 184 Indian Housing Loan Program

Bay Bank is proud to offer the HUD Section 184 Indian Housing Loan Program. Bay Bank and its lenders are approved to originate Section 184 loans with HUD.  If you are a member of a federally recognized tribe you may be eligible for the HUD Section 184 program (Click here for a list of participating tribes.) Indian Tribes or Indian Housing Authorities are also eligible for Section 184 loans. There are state-by-state eligibility requirements from HUD, (Click Here to see if your state is eligible.)  The Section 184 loan is a 15, 20 or 30 year fixed rate mortgage; fully amortized with constant monthly payments with escrow for homeowners insurance and property taxes.



Click here for the Section 184 Brochure

Program Highlights:

  • Nationwide program on trust land, allotted trust or fee simple land within an Indian Operating Area
  • Purchase home
  • Refinance
  • New and rehab loan guarantees available (home improvements)
  • New construction
  • Low down payment
  • No maximum income limits
  • Flexible underwriting
  • Loan limits by county:  184 Loan Limits
  • 1.50% guarantee fee at closing
  • HUD Annual Premium of 0.25% per year is required with less than 22% down for a purchase or less than 22% equity for a refinance.  For further details, see HUD Annual Premium.
  • Assumable
  • 100% guarantee to lender

Purchase Home

The Section 184 loan program is a low down payment program for Native Americans or Alaska Natives. The required minimum down payment is 2.25% for loans over $50,000 and 1.25% for loans under $50,000. The source of funds for the down payment is flexible. Some acceptable sources of down payment, but are not limited to: season funds in checking or savings account, 401k withdrawal, gift, loan proceeds from a secured loan, or grant.

One of the added benefits to the Section 184 loan is the ability to finance rehab/home improvements for the home you are purchasing. Certain restrictions may apply. Please contact your lender for further information.


Refinance Home

The Section 184 program has many options for a refinance. Here are the most common refinance scenarios.

First, you can refinance the existing balance of the current mortgage, or combine a first and second mortgage. You can refinance your mortgage up to 97.75% of the value of your home. If you are a tribal member from a federally recognized tribe and you're paying Private Mortgage Insurance (PMI), or if you took a first and second mortgage to purchase your home this may be the loan for you!

Second, you can include rehab/home improvements with the new mortgage. Whether you currently have a first mortgage, or if you own your home free and clear, you can fund home improvements into a fixed rate mortgage loan. If your home is in need of updates, this may be the loan for you!

Lastly, you can borrow against the equity in the home to payoff other debts (i.e. credit cards, vehicle loans, etc.). HUD will allow you to borrow up to 85% of the value of the home to payoff other debts. If you are paying high interest credit cards, have a low balance on your mortgage or own your home free and clear, this may be the loan for you!

New Construction

Another benefit of the Section 184 program is that you can build a new home on Fee Simple Land, Tribal Trust Land, or Individual Trust Land, subject to state eligibility. This single close construction loan will allow you to have a fixed rate at the time you close your loan. With the 184 Loan there is no need for a separate construction loan and end loan that could add costs. Please contact a mortgage lender to discuss the options.

Dan Tanya  


Apply Online:

Mortgage Application

Application Checklists:

Section 184 Purchase

Section 184 Refinance

Daniel Fritz
Mortgage Lender 
NMLS# 370040

Tanya Krueger
Assistant Vice President
NMLS# 369391



Bay Bank NMLS #440202


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