Section 502 loans

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf loan program
gptkbp:administeredBy gptkb:USDA_Rural_Development
gptkbp:alsoKnownAs gptkb:Single_Family_Housing_Direct_Home_Loans
USDA Direct Loans
gptkbp:downPaymentRequirement no down payment required
gptkbp:eligibility must be unable to obtain credit elsewhere
must occupy the home as a primary residence
must meet income limits
gptkbp:establishedBy Section 502 of the Housing Act of 1949
gptkbp:filingMethod up to 33 years
up to 38 years for very low-income applicants
gptkbp:fundedBy gptkb:U.S._federal_government
https://www.w3.org/2000/01/rdf-schema#label Section 502 loans
gptkbp:mainInterest may be subsidized
gptkbp:purpose assist low- and moderate-income rural residents to purchase, build, repair, or renovate homes
gptkbp:targetAudience low-income rural residents
moderate-income rural residents
gptkbp:targetUser direct loan
guaranteed loan
gptkbp:website https://www.rd.usda.gov/programs-services/single-family-housing-direct-home-loans
gptkbp:分布地区 gptkb:rural_areas_of_the_United_States
gptkbp:bfsParent gptkb:USDA_Rural_Development_loans
gptkbp:bfsLayer 7