Program Name: | Single family housing home loan guarantees | |
Organization: | United States Department of Agriculture – Rural Development | |
Address: | 2118 W. Part Court, Suite A, Champaign, IL 61821 | |
Phone: | 217-403-6200 | |
Fax: | ||
TDD: | ||
Email: | ||
Website: | https://go.usa.gov/xzD66 | |
Briefly Describe the Purpose of the Program | ||
Helps low- to moderate-income applicants buy a home by guaranteeing loans made by private lenders. Eligible applicants can get up to 100 percent financing to buy, build, improve, or even relocate a dwelling. | ||
Year Program Established: | ||
Eligibility Requirements or Restrictions | ||
Families and individuals with an income not exceeding 115 percent of the median household income for the purchase area of the home. Rural areas with population up to 20,000. Down payment is not required. |
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Application Deadline: Rolling bases | ||
Application Guidelines: | ||
Funding Cap Per Application or Fiscal Year Program Funding: | ||
How Must Funds Be Used: Financing to buy, build, improve, or even relocate a dwelling. |
USDA -Single family housing home loan guaranteesadmin_iira2023-09-22T20:46:27-05:00