Low Down Payment
Buy a Home with Less Money Up Front
The HUD Section 184 Indian Home Loan Guarantee Program offers one of the lowest down payment options available, making homeownership more affordable for eligible Native American and Alaska Native families.
Down payment for loan amounts over $50,000
Down payment for loan amounts of $50,000 or less
Compared to many conventional loan programs, Section 184 allows qualified borrowers to become homeowners sooner — without needing years to save for a large down payment.
Benefits of a Lower Down Payment
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Purchase a Home Sooner
Lower down payment requirements help you move into a home faster.
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Preserve Savings
Keep more money in your savings for emergencies and unexpected expenses.
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Cover More Essentials
Use your savings for moving costs, furnishings, and home improvements.
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Maintain Financial Flexibility
Leave room in your budget to build financial stability for the future.
More Affordable Homeownership
The Section 184 loan was created to help Native American and Alaska Native families achieve the dream of homeownership. With low down payment options, competitive interest rates, and no monthly mortgage insurance, it is one of the most affordable mortgage solutions available for eligible borrowers.
No Monthly Mortgage Insurance
Unlike many conventional loan programs, Section 184 loans do not require monthly mortgage insurance — which can save you hundreds of dollars each month.
Start Your Homeownership Journey Today
If you're an enrolled member of a federally recognized tribe, LoanCity Mortgage can help determine your eligibility and show you how little it may take to become a homeowner with a HUD Section 184 loan.