We partner with USDA Rural Development to supply timely mortgage assistance to first-time homebuyers in rural areas through 502 Direct Mortgage Loans.  

To make homeownership more affordable, USDA provides a payment subsidy in the form of an interest rate reduction to as low as 1%. They also provide payment terms for up to 38 years, based on income eligibility. From credit counseling to home building, clients receive support through the entire homeownership process. Credit counseling helps families ensure that they qualify and application assistance cuts down the processing time. Additionally, interested families have the option build their homes through Mutual Self-Help Housing. 

More information about the 502 direct mortgage loan program can be found by visiting USDA Rural Development – Single Family Housing Direct Home Loans. 

RurAL CAP is a certified mortgage loan originator: NMLS #396638; Mi’Shell French- NMLS #375937