USDA Home Loan Program

GPTKB entity

Statements (23)
Predicate Object
gptkbp:instanceOf government-backed mortgage program
gptkbp:administeredBy gptkb:United_States_Department_of_Agriculture
gptkbp:alsoKnownAs gptkb:USDA_Rural_Development_Loan
gptkbp:downPaymentRequired no
gptkbp:eligibility applicant must meet income limits
property must be located in a USDA-eligible rural area
applicant must be a U.S. citizen or eligible non-citizen
gptkbp:establishedBy gptkb:United_States_federal_government
https://www.w3.org/2000/01/rdf-schema#label USDA Home Loan Program
gptkbp:maximumLoanAmount varies by location and applicant qualifications
gptkbp:mortgageInsurance required, but lower than FHA loans
gptkbp:offers competitive interest rates
reduced mortgage insurance costs
zero down payment loans
gptkbp:purpose assist low- and moderate-income households to purchase homes in eligible rural areas
gptkbp:relatedTo gptkb:USDA_Rural_Development
gptkbp:requiredDocuments flexible credit guidelines
gptkbp:targetAudience rural homebuyers
gptkbp:targetUser gptkb:Section_502_Direct_Loan
gptkb:Section_502_Guaranteed_Loan
gptkbp:website https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program
gptkbp:bfsParent gptkb:USDA
gptkbp:bfsLayer 5