Gershman Mortgage Launches Section 184 Indian Home Loan Guarantee Program
Gershman Mortgage Launches Section 184 Indian Home Loan Guarantee Program
PR Newswire
CHESTERFIELD, Mo., Sept. 18, 2026
New program offers lower down payments and no monthly mortgage insurance for eligible Native American and Alaska Native borrowers
CHESTERFIELD, Mo., Sept. 18, 2026 /PRNewswire/ -- Gershman Mortgage today announced a home financing option designed for eligible Native Americans and Alaska Native borrowers.
The Section 184 Indian Home Loan Guarantee Program offers borrowers flexible options for purchasing or refinancing eligible primary residences.
"Gershman Mortgage is proud to be one of a select group of lenders approved to offer this program. A lot of Native American and Alaska Native buyers have run into extra hurdles with conventional financing, and this program removes some of the biggest ones – it's not limited to reservation land, and the down payment can be as low as 2.25%. Whether someone's buying their first home or refinancing, our goal is to make the process feel less complicated," said Jeff Ogden, Senior Vice President of Production at Gershman Mortgage.
The program offers:
- Down payments as low as 2.25% (or 1.25% if the loan is $50,000 or less)
- No monthly mortgage insurance, just a one-time, upfront fee
- Eligible for single-family homes, new construction, condos, townhome-style communities, 2-4 unit homes and manufactured homes
- Not limited to reservation land; buy anywhere in an eligible area
To learn more, click here.
About Gershman Mortgage
Founded in 1955 and headquartered in St. Louis, Missouri, Gershman Mortgage is an independent mortgage lender licensed in 22 states and continues to grow its geographic footprint. The company offers a broad range of residential loan programs, including conventional, FHA, VA, USDA, jumbo, non-QM, and HELOCs, as well as multi-family financing. Gershman Mortgage also operates as a correspondent lender. The lender is known for closing loans on time and guiding borrowers through the home financing process.
NMLS #138063 16253 Swingley Ridge Road Suite 200 Chesterfield, MO 63017 (800) 457-2357 Equal Housing Lender. This is for informational purposes only and not an offer to lend or extend credit. Subject to income and credit approval. Terms and conditions are subject to agency and investor guidelines. Serving borrowers in: Alabama, Arkansas, Colorado, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Mississippi, Missouri, Nebraska, North Carolina, North Dakota, Ohio, Oklahoma, South Carolina, Tennessee, Texas, Wisconsin.
SOURCE Gershman Mortgage
The articles, information, and content displayed on this webpage may include materials prepared and provided by third parties. Such third-party content is offered for informational purposes only and is not endorsed, reviewed, or verified by Morningstar.
Morningstar makes no representations or warranties regarding the accuracy, completeness, timeliness, or reliability of any third-party content displayed on this site. The views and opinions expressed in third-party content are those of the respective authors and do not necessarily reflect the views of Morningstar, its affiliates, or employees.
Morningstar is not responsible for any errors, omissions, or delays in this content, nor for any actions taken in reliance thereon. Users are advised to exercise their own judgment and seek independent financial advice before making any decisions based on such content. The third-party providers of this content are not affiliated with Morningstar, and their inclusion on this site does not imply any form of partnership, agency, or endorsement.
Popular
5 Stocks to Sell for Tax-Loss Harvesting
33 Undervalued Stocks to Buy Before the Market Shifts Again
Ask the Analyst: What Is the Best Source for Low-Risk Tax-Free Income?
The Smartest Moves for Bond Investors Today, and What to Do When You Have Too Many Investments
United States