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Loans are processed through the local Rural Development Service Center. The terms for these loans are up to 38 years. There are two types of direct USDA loans: 502 and 504 loans.
FREEPORT, Ill. — A last-minute exception from the Department of Agriculture (USDA) allows Freeport to continue receiving critical housing resources. Announced by Congressman Eric Sorenson (IL-17 ...
Rural Development’s Section 502 direct-loan and Section 504 repair programs are underused in the state, Cafferty said. Funds available have exceeded funds allocated in the past few years.
Section 502 SFH Direct rates are now 4.5%, SFH non-program rates are now 5% and Section 524 rural housing site loans now have a 4.5% rate.
With continued demand for quality housing in rural communities, the USDA RD 538 Loan Program offers a critical financing solution for developers — and CSG stands ready to deliver.
USDA Rural Development home loans offer zero-down financing with competitive interest rates for eligible buyers in rural areas. Below, we detail Maryland’s 2025 income limits, eligible areas, and the ...
Since the beginning of fiscal year 2021, Rural Development has invested $600 million in single-family housing in Maine, primarily through direct loans (mortgages obtained directly from USDA) and ...
Thus far in Fiscal Year 2016 (as of June 7), USDA Rural Development has worked with 12 homebuyers and 49 lenders in Rockingham County to invest more than $9.5 million in helping families find ...
To apply for the Home Repair Program or for more information on RD programs, please visit the Arkansas Rural Development website or call the Arkansas Rural Development Disaster Hotline at (501 ...