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