Native American Direct Loan program

E519657

The Native American Direct Loan program is a U.S. Department of Veterans Affairs home loan benefit that provides direct mortgage loans to eligible Native American veterans for housing on federal trust land.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf U.S. Department of Veterans Affairs home loan benefit ⓘ
United States federal housing assistance program ⓘ
administeredBy United States Department of Veterans Affairs ⓘ
VA Loan Guaranty Service ⓘ
appliesTo Native American trust land ⓘ
allotted trust land ⓘ
certain Alaska Native village lands ⓘ
tribal trust land ⓘ
appliesToJurisdiction federal trust land in the United States ⓘ
beneficiary Native American veteran borrowers and their families ⓘ
benefitType direct home loan ⓘ
mortgage loan ⓘ
country United States ⓘ
distinctFrom VA-guaranteed home loan program through private lenders ⓘ
downPaymentRequirement often no down payment required ⓘ
eligibilityRequirement borrower must be Native American ⓘ
property must be located on federal trust land or certain other eligible lands ⓘ
tribal organization must have a Memorandum of Understanding with VA ⓘ
veteran must be eligible for VA home loan benefits ⓘ
veteran must occupy the property as a primary residence ⓘ
fundingSource United States federal government ⓘ
guarantor United States Department of Veterans Affairs ⓘ
hasAbbreviation NADL ⓘ
interestRateCharacteristic generally lower interest rates than typical market rates ⓘ
language English ⓘ
legalForm federal benefit program authorized by U.S. law ⓘ
loanType direct loan ⓘ
fixed-rate mortgage loan ⓘ
loanUse construction of a home ⓘ
improvement of a home ⓘ
purchase of a home ⓘ
refinancing of an existing Native American Direct Loan ⓘ
mortgageInsuranceRequirement no private mortgage insurance required ⓘ
purpose to help eligible Native American veterans obtain housing on federal trust land ⓘ
to provide direct home financing to Native American veterans ⓘ
regulator United States Department of Veterans Affairs ⓘ
relatedTo VA Home Loan program ⓘ
requires tribal or individual land lease approved by the Bureau of Indian Affairs when applicable ⓘ
sector Native American programs ⓘ
housing ⓘ
veterans benefits ⓘ
serviceArea participating Native American reservations and trust lands in the United States ⓘ
shortName NADL program ⓘ
targetPopulation Native American veterans living on federal trust land ⓘ
eligible Native American veterans ⓘ
veterans who are Native American ⓘ
website https://www.va.gov/housing-assistance/home-loans/loan-types/native-american-direct-loan/ ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

Loan Guaranty Service → offersProgram → Native American Direct Loan program ⓘ
VA Home Loan Guaranty Program → loanType → Native American Direct Loan (for eligible Native American veterans on trust land) ⓘ
linked to: Native American Direct Loan program
VA Home Loan Guaranty Program → relatedProgram → Native American Direct Loan Program ⓘ
linked to: Native American Direct Loan program