Program Status: Open Program Factsheet: PDF. What does this program do? Also known as the Section 502 direct loan program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability.

“USDA direct loan and grant programs will not issue any additional funds for the extent of the government shutdown, including …

At Fahe, Mullins is a 502 Direct Specialist with the Just Choice Lending team. The program serves usda loans texas low and very low-income families to become homeowners through a USDA loan with a substantially low int…

“We will continue to offer our traditional zero-interest loan program to those who qualify, but with new diversified loan opt

2019 USDA Mortgage Updates Under the section 502 guaranteed rural housing loan Program the government guarantees mortgage loans made by commercial lenders, enabling low- and

Interested applicants are encouraged to contact their local mortgage lenders to inquire about applying for the guaranteed loan. usda does not endorse any specific private sector lenders.

Leave a Reply

Your email address will not be published.