Posted on Mar 22, 2023
VA change will lower home loan rates for some Native American vets
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VA change will lower home loan rates for some Native American vets
By Leo Shane III
Mar 22, 12:00 PM
Changes in the Department of Veterans Affairs Native American Direct Loan program announced Wednesday will lower interest rates for some veterans looking to buy new homes. (Tim Boyle/Getty Images)
Native Americans using a special Veterans Affairs home loan program will see their interest rates slashed by more than half as part of a new inititative to make housing more affordable for them.
The move is only expected to affect a few hundred veterans over the next few years. But it represents the latest in a series of outreach efforts by VA officials to disenfranchised groups of veterans and specifically to Native Americans, whose unique status has sometimes caused difficulties in obtaining department benefits.
PO1 William "Chip" Nagel SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT (Join to see)] Sgt (Join to see) PV2 Larry Sellnow SPC Gary C. SPC (Join to see) Amn Dale Preisach SGT Ruben Lozada CPT Richard Trione SFC Ralph E Kelley 1SG Patrick Burke SGT Gerald “Jerry” Harrell PO2 Marco Monsalve Lt Col Charlie Brown MSG (Join to see) Maj Kim Patterson SPC Robert Coventry
VA change will lower home loan rates for some Native American vets
By Leo Shane III
Mar 22, 12:00 PM
Changes in the Department of Veterans Affairs Native American Direct Loan program announced Wednesday will lower interest rates for some veterans looking to buy new homes. (Tim Boyle/Getty Images)
Native Americans using a special Veterans Affairs home loan program will see their interest rates slashed by more than half as part of a new inititative to make housing more affordable for them.
The move is only expected to affect a few hundred veterans over the next few years. But it represents the latest in a series of outreach efforts by VA officials to disenfranchised groups of veterans and specifically to Native Americans, whose unique status has sometimes caused difficulties in obtaining department benefits.
PO1 William "Chip" Nagel SSG Michael Noll Lt Col John (Jack) Christensen Cpl Vic Burk SGT (Join to see)] Sgt (Join to see) PV2 Larry Sellnow SPC Gary C. SPC (Join to see) Amn Dale Preisach SGT Ruben Lozada CPT Richard Trione SFC Ralph E Kelley 1SG Patrick Burke SGT Gerald “Jerry” Harrell PO2 Marco Monsalve Lt Col Charlie Brown MSG (Join to see) Maj Kim Patterson SPC Robert Coventry
VA change will lower home loan rates for some Native American vets
Posted from armytimes.comPosted in these groups: 
Veterans Affairs (VA)
Home Loan
Veterans Affairs (VA) Home Loan
Posted 1 y ago
Responses: 3
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SFC Joe S. Davis Jr., MSM, DSL Sorry if this offends anyone but all Veterans should get their rates lowered if one group does.
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SPC Suzie Clary
I noticed the words, "unique status". Native Americans are not "American" they are Native American. I think this unique status was used against them when they tried to use the system available to other veterans, that somehow allowed for the workers to not let them participate in the system you or I may have access to, and not even realize they were blocking others.
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I support this in every way, but I think all vets should get lower VA rates as well. To include S/C veterans that can’t work…
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