USDA 502 Direct Home Loans
USDA 502 Direct Loan Program
USDA Rural Development has a home loan program called the 502 Direct Loan, which assists very-low to low-income families with purchasing and improving homes in rural areas such as the Imperial Valley. In order to apply for the 502 Direct Loan Program, applicants must be:
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First-time home buyers OR not have owned a home in 3 years
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Looking for a primary residence
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Citizens and U.S. residents
If you have had trouble qualifying for other loans, this program might be right for you.
Imperial Regional Alliance (IRA) is a certified packager for USDA Rural Development. If you woud like to apply for this program, please contact IRA directly to work with a packager.
Benefits of working with a packager:
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Facilitated & expedited application and approval process
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Questions about the program
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Application assistance
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Eligibility
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Pre-qualification & more
Call our office at 760.353.8332 to schedule an appointment and apply today.
