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2. 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 ...

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

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

   These loans come with lenient rules around credit scores and down payment requirements. USDA loans come with income limits that vary by location. ... Also known as Section 502 Direct, USDA direct ...

4. USDA home loan - Wikipedia

   en.wikipedia.org/wiki/USDA_home_loan

   Purpose: Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.

5. Rural Housing Service - Wikipedia

   en.wikipedia.org/wiki/Rural_Housing_Service

   Direct loans are made and serviced by USDA staff; loan guarantees are made to banks or other private lenders, and grants are made directly to a person or organization. RHS works with other federal agencies, and a number of both nonprofit and private organizations nationally, in order to pool resources to help America's rural residents most ...

6. 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

7. USDA Mortgage Loan Program Widens Footprint - AOL

   www.aol.com/usda-mortgage-loan-program-widens...

   A lot more Americans now have access to 100% mortgage financing thanks to a major expansion of home loans provided by the U.S. Department of Agriculture to low- and moderate-income households. See:...