Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

VA Helps Seminole Vets Get Homes

 


Getting a home loan for any purpose—whether it is to buy, build, renovate or refinance—can be a highly difficult process. For Native people trying to build on their BIA trust or restricted land, it is an even more laborious process. The proverbial red tape can be miles long and go all the way to the Secretary of the Interior. However, through memorandums of understanding (MOU) with specific tribes, the Department of Veterans Affairs is finding ways to get home loans to Native veterans.

On February 5, the VA Loan Guaranty division expanded its Native American Direct Loan (NADL) program by signing an MOU with the Seminole Nation of Oklahoma. The signing took place at the Donald Reynolds Wellness and Community Center in Seminole, Oklahoma, with the signatures of Guaranty Loan Director Mike Frueh and Seminole Nation Chief Leonard Harjo making everything official. The MOU had been in development since at least 2014.

Read more at http://indiancountrytodaymedianetwork.com/2016/02/12/va-helps-seminole-vets-get-homes-163383

 

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