The Section 184 was created in order to give access to mortgages to Alaskan Native and Native American tribal members. These types of loans are completely guaranteed by the Office of Loan Guarantee with the U.S department of Housing and Urban Development (HUD) located in the Office of Native American Programs. This 100% guarantee works to encourage national and local banks to give home loans for Native American. The Office of Loan Guarantee works along side a large network of Section 184 Loan lenders who have in order to increase the access to home financing by Native Americans, as well…
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