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:
-
First-time home buyers OR not have owned a home in 3 years
-
Looking for a primary residence
-
Citizens or eligible non-citizens
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:
-
Facilitated & expedited application and approval process
-
Questions about the program
-
Application assistance
-
Eligibility
-
Pre-qualification & more
Call our office at 760.353.8332 to schedule an appointment and get pre-qualified today.
