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Section 502 Direct Loan Program: Single Family Housing Direct Home Loans (10.410)
Single Family Housing programs are available to help purchase or build a new single family home with no money down, to repair their existing home, or to refinance their current mortgage under certain qualifying circumstances. There are also programs to assist non-profit entities in their efforts to provide new homes or home repair to qualifying individuals and families.
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.
Provider: | Department of Agriculture - Rural Development |
Website: | https://www.rd.usda.gov/programs-services/single-family-housing-programs/single-family-housing-direct-home-loans |
Eligibility: | Individuals and Households |
Timeframe: | Long-Term |
Funding Type: | Annual |
Financial Resource Type: | Loan |
Please directly consult the provider of a potential resource for current program information and to verify the applicability and requirements of a particular program.