Native American Family Buys Home Using HUD Section 184 Loan Program
- By Jim Blackburn
- on
Client Profile
- Names: Thomas & Kateri Y.
- Ages: 43 & 40
- Tribal Affiliation: Choctaw Nation
- Location: Tulsa, OK
- Home Type: 4-bed single-family
- Purchase Price: $289,000
- Loan Type: HUD Section 184
- Down Payment: 2.25%
- Credit Scores: 689 & 675
The Challenge
Thomas and Kateri were looking to purchase their first home after years of renting and raising three children. As tribal members, they qualified for the HUD Section 184 loan, but they hadn’t found a lender who understood how to process it—or one who respected the unique guidelines and benefits of the program.
They needed a team who specialized in helping Native buyers.
The Strategy
We helped them apply through the Section 184 Indian Home Loan Guarantee Program, which gave them:
- Low 2.25% down payment
- No monthly mortgage insurance
- Reduced upfront fees
- Flexible credit review
- Approval based on consistent rent history and tribal income support
We also helped coordinate directly with the tribal liaison office to ensure proper documentation.
The Outcome
- Closed in under 30 days with full support from the HUD 184 underwriting team
- Down payment and closing costs totaled under $10K
- Monthly mortgage was lower than their previous rent
- They were able to stay close to extended family and tribal services
Quote from Kateri:
“We’d waited a long time for this. It means everything to buy a home on our land—with a program that was created for us.”
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