USDA loan

GPTKB entity

Statements (99)
Predicate Object
gptkbp:instanceOf loan program
gptkbp:administeredBy gptkb:United_States_Department_of_Agriculture
gptkbp:alsoKnownAs gptkb:USDA_Rural_Development_loan
gptkbp:eligibility applicant must meet income limits
property must be in eligible rural area
gptkbp:feature no down payment required
reduced mortgage insurance costs
fixed interest rates
loan can include purchase of homes with outdoor kitchens
loan can include purchase of homes with outdoor sports courts
loan can include purchase of homes with outdoor sculptures
loan can include purchase of homes with accessibility features
loan can include purchase of homes with geothermal systems
loan can include purchase of homes with swimming pools (if essential)
applicant must be U.S. citizen or eligible non-citizen
30-year loan term
loan can include purchase of homes with accessory units
loan can include purchase of homes with home offices
applicant must occupy property as primary residence
loan can include purchase of homes with fire suppression systems
loan can include purchase of homes with outbuildings
loan can include purchase of homes with outdoor dining areas
loan can include purchase of homes with outdoor play areas
loan can include purchase of homes with greenhouses
applicant must not be suspended or debarred from federal programs
loan can include purchase of homes with outdoor sound systems
loan can include purchase of homes with security systems
loan can include purchase of homes with guest houses
applicant must demonstrate ability to repay loan
applicant must have acceptable credit history
applicant must have stable income
can be used for home improvement
can be used for home purchase
can be used for home repair
can be used for refinancing
credit score requirements apply
guarantee fee required
guaranteed by USDA
income limits based on area median income
loan can include closing costs
loan can include connection fees for utilities
loan can include essential household equipment
loan can include legal fees
loan can include purchase of condominiums
loan can include purchase of homes with barns
loan can include purchase of homes with decks
loan can include purchase of homes with driveways
loan can include purchase of homes with elevators
loan can include purchase of homes with fencing
loan can include purchase of homes with garages
loan can include purchase of homes with hot tubs
loan can include purchase of homes with land
loan can include purchase of homes with patios
loan can include purchase of homes with porches
loan can include purchase of homes with safe rooms
loan can include purchase of homes with saunas
loan can include purchase of homes with sidewalks
loan can include purchase of homes with workshops
loan can include purchase of manufactured homes
loan can include purchase of modular homes
loan can include purchase of new or existing homes
loan can include purchase of single-family homes
loan can include purchase of townhomes
loan can include repairs and improvements
loan can include site preparation costs
no loan limits
property must be modest in size, design, and cost
property must meet USDA standards
loan can include purchase of homes with outdoor living spaces
loan can include purchase of homes with home theaters
loan can include purchase of homes with septic systems
loan can include purchase of homes with outdoor fireplaces
loan can include purchase of homes with irrigation systems
loan can include purchase of homes with outdoor lighting
loan can include purchase of homes with backup generators
loan can include purchase of homes with outdoor gardens
loan can include purchase of homes with energy-efficient features
loan can include purchase of homes with water wells
loan can include purchase of homes with wine cellars
loan can include purchase of homes with rainwater collection systems
applicant must be unable to obtain conventional loan with reasonable terms
loan can include purchase of homes with outdoor entertainment areas
loan can include purchase of homes with storm shelters
loan can include purchase of homes with outdoor art installations
loan can include purchase of planned unit developments
loan can include purchase of homes with outdoor recreation areas
loan can include purchase of homes with storage sheds
loan can include purchase of homes with outdoor seating areas
loan can include purchase of homes with wind turbines
loan can include purchase of homes with outdoor water features
loan can include purchase of homes with landscaping
loan can include purchase of homes with solar panels
https://www.w3.org/2000/01/rdf-schema#label USDA loan
gptkbp:purpose assist low- and moderate-income homebuyers in rural areas
gptkbp:relatedGroup rural homebuyers
gptkbp:requires must be primary residence
gptkbp:type government-backed mortgage
gptkbp:bfsParent gptkb:USDA_Guaranteed_Loan_Program
gptkbp:bfsLayer 6