Welcome, visitor! [ Login

Post an Ad

 

Direct Home Loans for Native Americans

  • Listed: December 5, 2018 7:31 pm
  • Expires: 998060 days, 10 hours

Description


Our iOS apps : US Benefits Directory , Food Banks Directory , GSA Auctions , Low Cost Apartments Directory,

Program Description

The Native American Direct Loan (NADL) program makes home loans available to eligible Native American Veterans who wish to purchase, construct, or improve a home on Federal Trust land or to reduce the interest rate.

Veterans who are not Native American, but who are married to a Native American non-Veteran, may be eligible for a direct loan under this program.

Program Requirements

To obtain a NADL, the law requires that:

  1. The applicant must be an eligible Veteran.
  2. The tribal organization or other appropriate Native American group must be participating in the VA direct loan program. The tribal organization must have signed a Memorandum of Understanding with the Secretary of Veterans Affairs, that spells out the conditions under which the program will operate on its trust lands.
  3. Apply for a Certificate of Eligibility.
  4. The loan must be to purchase, construct, or improve a home on Native American trust land.
  5. The Veteran must occupy the property as his or her primary residence.
  6. The Veteran must be a satisfactory credit risk.

Commissioned Officers of the Public Health Service and National Oceanic and Atmospheric Administration are considered to be active duty members and Veterans, once discharged.

Length-of-service requirements apply, in most cases.

All prospective applicants are encouraged to first contact their local housing authority and VA to discuss their financial situation and obtain a general idea of whether or not they might qualify for a home loan.

For more information please visit the NADL program website.

Application Process

For more information, see the Program Contact Information below.

Contact Information

If you have questions:

To apply for additional benefits and view your benefit status, open an eBenefits Premium account. eBenefits is a one-stop source for information on Department of Defense and Department of Veterans Affairs benefits and services. With a free Premium level eBenefits account, Veterans, Servicemembers and their family members can conduct self-service transactions such as checking compensation and pension claim status information, enrolling in GI Bill, and obtaining copies of civil service preference letters, military records (DD214), and other personal information. For further information and to register for a free Premium level account, visit the eBenefits website.

Listing ID: 1075c08254e7f731

Report problem

Processing your request, Please wait....

Sponsored Links




A guide for US Government Federal and State Benefits published by benefits.gov

This is a third party app and we are not affiliated with benefits.gov or US Government.. If you are looking for an app that consolidates all the benefit listings by Federal and US states, this is a good app to start with. Listings can also be found on the benefits.gov website.