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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
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.