USDA loans

GPTKB entity

Statements (28)
Predicate Object
gptkbp:instanceOf loan program
gptkbp:administeredBy gptkb:United_States_Department_of_Agriculture
gptkbp:alsoKnownAs gptkb:USDA_Rural_Development_loans
gptkbp:downPayment 0% required
gptkbp:eligibility applicant must be U.S. citizen or permanent resident
income limits apply
property must be in eligible rural area
gptkbp:feature competitive interest rates
no down payment required
reduced mortgage insurance costs
gptkbp:filingMethod typically 30 years
gptkbp:guarantees gptkb:USDA_Rural_Development
https://www.w3.org/2000/01/rdf-schema#label USDA loans
gptkbp:insuredBy annual fee
upfront guarantee fee
gptkbp:program gptkb:Section_502_Direct_Loan_Program
gptkb:Section_502_Guaranteed_Loan_Program
gptkb:Section_504_Home_Repair_Program
gptkbp:purpose assist low- and moderate-income homebuyers in rural areas
gptkbp:requiredDocuments flexible credit guidelines
gptkbp:type government-backed loan
gptkbp:usedFor home improvement
home repair
purchase of primary residence
refinancing existing USDA loan
gptkbp:website https://www.rd.usda.gov/programs-services/single-family-housing-guaranteed-loan-program
gptkbp:bfsParent gptkb:Government_National_Mortgage_Association
gptkbp:bfsLayer 5