U.S. Department of Veterans Affairs Native American Direct Loan

What is U.S. Department of Veterans Affairs Native American Direct Loan?

U.S. Department of Veterans Affairs Native American Direct Loan is a grant for homebuyers in Statewide, California.

• Direct loan from VA (not guaranteed by another lender). Available on Federal Trust Land for eligible Native American veterans.
• VA-direct fixed-rate mortgage for eligible Native American veterans purchasing, constructing, or improving a home on Federal Trust Land. No down payment, low rates, no PMI.
• Funding comes from U.S. Department of Veterans Affairs.

Do you have to pay it back?

U.S. Department of Veterans Affairs Native American Direct Loan is structured as a grant, so it is not repaid.

• Repayment is triggered by per VA loan terms.
• Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

U.S. Department of Veterans Affairs Native American Direct Loan is open to buyers who will live in the home as their primary residence.

What are the income limits?

U.S. Department of Veterans Affairs Native American Direct Loan sets its income limit as follows: Per VA underwriting (no specific income cap).

• Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

U.S. Department of Veterans Affairs Native American Direct Loan can be used for Single-family on Federal Trust Land.

Is there eligibility for specific groups?

U.S. Department of Veterans Affairs Native American Direct Loan names veterans, active-duty service members, reservists and National Guard members, and American Indian and Alaska Native buyers among the groups it serves.

• Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

U.S. Department of Veterans Affairs Native American Direct Loan serves buyers purchasing in Statewide, California.

How do you apply?

Applications for U.S. Department of Veterans Affairs Native American Direct Loan go through the administering agency.

1. 1

   Contact the administering agency to reserve funds

   Funds are reserved with the provider and are subject to availability.

2. 2

   Work with a lender who handles the program

   Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.