Single Family Housing Direct Home Loans

GPTKB entity

Statements (21)
Predicate Object
gptkbp:instanceOf loan program
gptkbp:administeredBy gptkb:US_Department_of_Agriculture
gptkbp:alsoKnownAs gptkb:Section_502_Direct_Loan_Program
gptkbp:downPaymentRequirement no down payment required in most cases
gptkbp:eligibility low-income individuals and families
very-low-income individuals and families
gptkbp:filingMethod up to 33 years
up to 38 years for eligible applicants
gptkbp:fundedBy building a home
purchase of a home
renovating a home
repairing a home
https://www.w3.org/2000/01/rdf-schema#label Single Family Housing Direct Home Loans
gptkbp:location rural areas
gptkbp:mainInterest may be as low as 1% with payment assistance
gptkbp:maximumLoanAmount varies by area
gptkbp:purpose assist low- and very-low-income applicants obtain decent, safe, and sanitary housing in eligible rural areas
gptkbp:targetUser direct loan
gptkbp:website https://www.rd.usda.gov/programs-services/single-family-housing-direct-home-loans
gptkbp:bfsParent gptkb:USDA_Rural_Housing_Service
gptkbp:bfsLayer 6