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  2. USDA loans: What are they and am I eligible? - AOL

    www.aol.com/finance/usda-loans-am-eligible...

    The USDA guaranteed home loan program (officially known as Section 502 Guaranteed) allows approved mortgage lenders to provide 30-year fixed-rate loans to borrowers in USDA-eligible locations.

  3. USDA home loan - Wikipedia

    en.wikipedia.org/wiki/USDA_home_loan

    The USDA Home Loan Program does allow for considerations for expenses like Child Care. [8] To be eligible, one must be purchasing a property in a rural area, as defined by the USDA. The home or property that the potential buyer is looking to purchase must be owner-occupied; investment properties are not eligible for USDA loans.

  4. Guide to first-time homebuyer loans and programs - AOL

    www.aol.com/finance/guide-first-time-homebuyer...

    USDA loan: USDA loans don’t require a down payment, but you’ll need to purchase in a designated rural area and all under area-specific income limits to qualify. Good Neighbor Next Door

  5. From grants to low-interest loans, this state-by-state guide ...

    www.aol.com/finance/grants-low-interest-loans...

    Three active programs are available offering forgivable loans, deferred loans, and zero-interest loans. A credit score of 640 or higher is required, with a debt-to-income ratio of 50% or lower.

  6. Section 502 loans - Wikipedia

    en.wikipedia.org/wiki/Section_502_loans

    Section 502 loans are a rural housing loan program, administered by the Rural Housing Service (RHS), authorized under Section 502 of the Housing Act of 1949. Borrowers may obtain loans for purchasing or repairing new or existing single-family housing. Loans are made directly by RHS (7 CFR 3550) or by private lenders with a USDA guarantee (7 CFR ...

  7. Government National Mortgage Association - Wikipedia

    en.wikipedia.org/wiki/Government_National...

    Ginnie Mae guarantees only securities backed by single-family and multifamily loans insured by government agencies, including the FHA, Department of Veterans Affairs, the Department of Housing and Urban Development’s Office of Public and Indian Housing, and the Department of Agriculture’s Rural Development. One of the newer mortgage types ...

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