News
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Office of Native American Programs Sets a Date to Closeout the Section 184 Program Fiscal Year 08/23/2022
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 ... Read More
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2022 Section 184 Native American Mortgage Loan Limit Increase! 05/18/2022
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 ... Read More
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Section 184 Program Open for Fiscal Year 2022 10/13/2021
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 ... Read More
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Section 184 Office of Loan Guarantee Fiscal Year 2021 Year End Closure Starts September 20th, 2021 08/19/2021
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 ... Read More
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Section 184 Mortgage, New Annual Insurance Premium 11/15/2014
Posted November 14th, 2014 ~By Scissortail Financial 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 ... Read More
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The wait is over, refinance funds will be available 04/04/2014
Posted March 18th, 2014 ~By Scissortail Financial 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 ... Read More
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Section 184 funding fee increase to take place 04/04/2014
Posted March 5th, 2014 ~By Scissortail Financial 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 ... Read More
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2014 Section 184 Loan Limits 12/09/2013
Posted December 9th, 2013 ~By Scissortail Financial 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. Read More
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Section 184 Has Resumed Business 10/23/2013
Posted October 23rd, 2013 ~By Scissortail Financial 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 ... Read More
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Bureau of Indian Affairs List of Federally Recognized Tribes 06/11/2013
Posted June 11th, 2013 ~By Scissortail Financial This is the comprehensive list of federally recognized tribes used to determine eligibility for the Section 184 Native American loan. Read More
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The Section 184 Reinstates Issuance of Cohorts 04/05/2013
Posted April 5th, 2013 ~By Scissortail Financial 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. ... Read More
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Map Identifying Section 184 Operating Areas 11/21/2012
Posted November 21st, 2012 ~By Scissortail Financial In our Resources Section, just posted is the most recent map showing nationwide, the eligible area’s for the Section 184 Native American loan. Read More
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Moratorium For Fee Simple Refinance Loans 10/01/2012
Posted October 1st, 2012 ~By Scissortail Financial 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. ... Read More