Rural Development loans for single-family housing

USDA Rural Development provides owner-occupied, single family housing loans to eligible low income applicants unable to obtain credit elsewhere. Applicants may obtain 100% Direct financing to:

* Purchase and/or repair new or existing housing (including new manufactured housing)

* Purchase a building site and construct a dwelling

* Build a home with the self-help method. Under this program, applicants provide sweat-equity labor to build their own homes.

* Purchase a government-owned home or assume an existing 502 Direct loan. For a list of government owned homes visit http://www.resales.usda.go...