You may be eligible for an NADL if you’re a Native American Veteran or a non–Native American Veteran married to a Native American, and you meet all of these requirements.

All of these must be true:

Your tribal government has an agreement—or Memorandum of Understanding (MOU)—with us detailing how the program will work on its trust lands, and

You have a valid VA home loan Certificate of Eligibility (COE), and

You meet our credit standards, and

You have proof that you make enough money to cover the mortgage payments and other costs of owning a home, and

You’ll live in the home you’re using the NADL to buy, build, or improve

An NADL offers many benefits, including:

No down payment required in most cases.

No need for private mortgage insurance (PMI), which is commonly charged to conventional loan borrowers.

Limited closing costs (fees you pay for services and other costs related to getting a loan and buying a home).

A low-interest, 30-year fixed mortgage (a fixed mortgage means your interest rate will stay the same over the full life of the loan). The current VA interest rate for NADLs starts at 5.25%. You can contact your state’s VA regional loan center to find out what your interest rate will be and to get help starting your loan application.

A reusable benefit, which means you can get more than one NADL to buy, build, or improve another residence in the future.

The ability to refinance a current NADL for a lower interest rate.

The ability to borrow up to the Fannie Mae/Freddie Mac conforming loan limit on a no-down-payment loan in most areas—and more in some high-cost counties. You can borrow more than this amount if you want to make a down payment.

Visit the VA NADL website for more information: https://www.va.gov/housing-assistance/home-loans/loan-types/native-american-direct-loan/