Mr. and Mrs. Jenkins, residents of Onslow County, North Carolina were living in a two bedroom manufactured home that was in a poor state of repair. The roof covering the home leaked in several places causing mold growth. The home only had one usable bathroom with no functioning heat and air conditioning. Mr. and Mrs. Jenkins resided in the home with three small children while awaiting the arrival of a fourth child. Mr. Jenkins had been with his current employer for 21 years and his wife worked with the Marine Corp nearly 5 years. The Jenkins had been searching for a home for quite some time, but unfortunately did not qualify for a home loan. After several failed attempts with conventional lenders, Mr. and Mrs. Jenkins turned to USDA Rural Development.
Ms. Jenkins discovered the USDA SFH 502 Direct Program through a coworker. USDA Rural Development was able to provide assistance to the Jenkins family. Agency staff determined that Mr. and Mrs. Jenkins were eligible for a home loan that would include subsidy payment assistance. This payment assistance offered through the SFH 502 Direct Loan Program reduced their monthly payments to a level where they could afford the cost of owning a home. Mr. and Mrs. Jenkins obtained a licensed general contractor in the construction of their new home. The home was completed just in the “nick of time” as their fourth child was born just a few days after closing on the home. The beautiful home is located on a cul-de-sac in a quiet neighborhood featuring a sanitary environment to raise their four children. Additionally, the home is situated on a decent sized lot for the children to enjoy the outdoors.
Mr. and Mrs. Jenkins have become successful homeowners which is a dream they did not believe was attainable after trying many times to obtain a home loan. The applicants were pleased with the loan process and are very thankful to Rural Development for the assistance provided.