Estimated reading time: 0 minutes, 29 seconds

VA Revamps Home Loan Program for Hard-to-Finance Group

The Department of Veteran Affairs has slashed interest rates for Native American veterans (or veterans who are spouses of Native Americans) who buy homes on tribal lands. So reports

Department of Veterans AffairsThe VA said that the rate for loans offered via the VA Native American Direct Loan (NADL) program will be 2.5% for the next two years, down from 6%.

The move aims to expand affordability for Native American veterans on tribal lands. Banks typically prefer not to finance on tribal lands because they can’t seize the property if a borrower defaults.

Read the full article from

Read 115 times
Rate this item
(0 votes)


PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.