Unlocking Homeownership in Nome:

The HUD 184 Loan Program for Alaska Native Borrowers. 

For many Alaska Native families, homeownership in Nome can feel out of reach due to financing challenges, limited housing inventory, and unique land considerations. That’s where the HUD 184 Indian Home Loan Guarantee Programbecomes a powerful tool.

Designed specifically for American Indian and Alaska Native borrowers, the HUD 184 program helps open the door to homeownership with flexible terms and strong support from the federal government.

What is the HUD 184 Program?

The HUD 184 program is a home loan backed by the U.S. Department of Housing and Urban Development (HUD). It was created to increase access to mortgage financing in Native communities and make homeownership more achievable.

Because the loan is guaranteed by HUD, lenders are more willing to work with borrowers, even in rural or underserved markets like Nome.

Why It’s a Great Fit for Nome Buyers

Nome presents unique challenges—remote location, limited housing stock, and financing hurdles—but HUD 184 is designed with those realities in mind.

Here’s how it helps:

• Low down payment – As little as 2.25%, making it easier to get into a home
• Flexible credit requirements – No strict minimum credit score in many cases
• No monthly mortgage insurance – Just a one-time upfront fee
• Available on and off Native lands – Including many areas across Alaska
• Multiple uses – Purchase, new construction, renovation, or refinance

This flexibility is especially valuable in Nome, where buyers may need to renovate existing homes or build new ones.

Who Qualifies?

The program is available to:

• Alaska Native or American Indian borrowers
• Enrolled members of a federally recognized tribe or Alaska Native corporation
• Buyers purchasing a primary residence (not investment property)

Both first-time and repeat homebuyers can use the program, and there are no income limits, which makes it accessible to a wide range of families.

Why This Matters for Our Community

Homeownership builds stability, equity, and long-term wealth. Programs like HUD 184 are helping more Alaska Native families stay rooted in their communities while investing in their future.

In a market like Nome—where local knowledge matters just as much as financing—having the right guidance can make all the difference.

Ready to Learn More?

If you’re considering buying a home in Nome or want to explore whether the HUD 184 program is right for you, I’d be happy to help.

Contact Robin Johnson today at 907-304-1215 or [email protected] to get started and take the next step toward homeownership in Nome.