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gptkbp:instanceOf
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gptkb:government-backed_mortgage_program
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gptkbp:administeredBy
|
gptkb:United_States_Department_of_Agriculture
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gptkbp:alsoKnownAs
|
gptkb:USDA_Rural_Development_Loan
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gptkbp:downPaymentRequired
|
no
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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
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|
gptkbp:establishedBy
|
gptkb:United_States_federal_government
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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
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|
gptkbp:requiredDocuments
|
flexible credit guidelines
|
|
gptkbp:targetAudience
|
rural homebuyers
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|
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
|
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gptkbp:bfsParent
|
gptkb:USDA
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gptkbp:bfsLayer
|
5
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
USDA Home Loan Program
|