Also known as the Section 502 Direct Loan Program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.
Quick Links
Single Family Housing
SFH Direct Home Loans Eligibility and Self-Assessment Area Loan Limits (PDF)
How to Apply
Home Repairs Options
Find assistance in your area
Find contact information by state and county to connect with Rural Development employees for assistance with your needs.
Frequently Asked Questions
View our most frequently asked questions below or visit Ask USDA for more helpful information.
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The United States Department of Agriculture (USDA) offers both a Direct and Guaranteed Home Loan Purchase Program. Information is available online for the Direct program at Single Family Housing Direct Home Loans ; and for Guaranteed Home Loans at Single Family Housing Guaranteed Loan Program .
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The current interest rates are posted on the Interest Rates tab of the program you're inquiring about. For example, the Single-Family Housing Direct program current interest rate would be found at: Single Family Housing Direct Home Loans .
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To check the area eligibility of the property you're interested in, please go to our eligibility page located at http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do.
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There are times when the local Rural Development Lending Office may not have funds available to fund a new loan. Rural Development is funded on an annual funding year that goes from October through September. Because of this budget cycle, Rural Development may experience periodic funding shortages.