Loan Packaging & Credit Counseling
We partner with USDA Rural Development in order 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, down as far as 1% and provides payment terms as long as 38 years, based upon income eligibility. More information about the 502 direct mortgage loam program can be found by visiting USDA Rural Development - Single Family Housing Direct Home Loans.
We help the client every step of the way, from credit counseling to home building. We provide credit counseling to help families ensure that they qualify. Then we assist clients with the application itself, cutting down on the processing time. Meanwhile, we help interested families build their homes through Mutual Self-Help Housing.
RurAL CAP is a certified mortgage loan originator: NMLS #396638; Mi’shell French - NMLS #375937