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SECTION 184 INDIAN HOUSING LOAN GUARANTEE PROGRAM
Processing Guidelines February 2003

TABLE OF CONTENTS

Chapter 1:
Program Overview

Chapter 2:
Tribal Legal And Administrative Framework

Chapter 3:
Lender Participation

Chapter 4:
Eligible Activities And Properties

Chapter 5:
Loan Processing And The Firm Commitment

Chapter 6:
Loan Closing And Endorsement

Chapter 7:
Administering Construction Loans

Chapter 8:
Loan Servicing

Chapter 9:
Alaska Processing Guidelines For Construction Loans

Chapter 10:
Direct Guarantee

Chapter 11:
Refinances

LIST OF
APPENDICES

LIST OF
EXHIBITS

LIST OF EXHIBITS

Exhibit 5-1 Calculating Residual Income
Exhibit 5-2 Determining the Borrower’s Investment
Exhibit 5-3 Determining the Maximum Mortgage Amount for Properties Over $50,000
Exhibit 5-4 Determining the Maximum Mortgage Amount for Properties Under $50,000
Exhibit 5-5 Determining the Maximum Mortgage Amount for Properties Over $50,000 (with repairs and energy-weatherization)

U.S. Department of
Housing and Urban Development

1999 Broadway, Suite 3390
Denver, CO 80202

1-800-561-5913
(303) 675-1600

Website:
Section 184 Home

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