Helping Homeowners Is What We Do

Section 184 Loans and 184A loans were developed to assist Native Americans and Alaskan Native tribe members with mortgage options. The assistance options listed below may be available if the loan is determined to be a 184 or 184A loan and meets any eligibility criteria for assistance.
 
Assistance Options specific for 184 & 184A Mortgage Loans

• The COVID-19 Native Advance Loan Modification (COVID-19 Native ALM). The COVID-19 Native ALM is proactively offered to eligible delinquent Borrowers who can achieve a minimum 25 percent reduction in the Principal and Interest (P&I) portion of the Borrower’s monthly Loan payment through a 30-year rate and term Loan Modification that includes arrearages.
• COVID-19 Recovery Loss Mitigation Advance (COVID-19 Recovery LMA). The COVID-19 Recovery LMA is a zero-interest subordinate lien for arrearages for Borrowers who can return to making their existing Loan payments after Forbearance or Default.
• The COVID-19 Recovery Native Loan Modification. The COVID-19 Recovery Native Loan Modification includes a Loss Mitigation Advance for arrearages and a Loan Modification with a targeted 25 percent P&I reduction for Borrowers who are unable to return to their existing Loan payments.

 
Additional Mortgage Assistance Options

• COVID -19 Advanced Loan Modification – A permanent change in one or more terms of a Borrower’s Mortgage that achieves a minimum 25% reduction to the Borrower’s monthly Principal and Interest payment.
• COVID -19 Recovery Standalone Partial Claim – A zero interest subordinate lien for arrearages for Borrower’s who can return making their existing Loan payments after Forbearance or Default.
• COVID -19 Recovery Modification – A Loan modification that includes a Partial Claim if available and a 25% reduction to the P&I portion of the Borrower’s monthly Mortgage Payment.