Wednesday, April 19, 2017

student loan direct

student loan direct

>>text: u.s. department of veterans affairsveterans benefits administration >>text: greg nelms, va loan guaranty service,>>greg speaking: native american direct loan program was established in 1992. it started becausethere was a need for native american veteransto have access to financing on trust land. in the direct loan program,the veteran will come directly to va,va will process the application,

close the loan,and eventually service the loan. >> tony speaking:we're both native american and we live on the boundary here. >>text: tony and marisa cabe, navy veteranand members, eastern band of the cherokee nation>>tony speaking: we can't just go out to any federal or bank institution that we want to and applyfor a loan to build a house on the boundary. so every's ran kind ofthrough the tribe.

and that's when all thoserestrictions start coming into play and stuff. but with the native americandirect loan, we were able to actually build the housethat we had always talked about wanting to build because they were providingthe loan directly from the va and that just freed upeverything, allowed us to go in any direction we wantedto, really. >>marisa speaking:cut out the middle man and made the whole process easier and allowedus

to build the homethat we wanted to build. the whole loan process, i think,was very easy to navigate and greg and arnus wereboth great. even though we've only been heresince may, it's home. it's a dream come true. >>greg speaking: the first step in becomingan eligible tribe with va to use the nadl programis to contact a regional loan center, a native americandirect loan specialist.

the native american home loan program is something >>text: terri henry, council chair, easternband of the cherokee nation speaking: i think that it isan incredible enhancement to any housing program,any housing opportunities that a tribe might be ableto offer but it also puts resources in veterans' hands. it's an awesome wayfor the government to show our indian soldiers how muchthey appreciated their service to this country.

>>text: learn more: www.benefits.va.gov/homeloans/nadlor call toll-free (800) 827-1000 >>text: u.s. department of veterans affairwww.va.gov

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