This program has a guarantee of 100% on your mortgage loan, which eliminates the need for a down payment on the purchase of a rural house. A variety of lenders can offer this 30 years loan.

Low and medium income families as well as single and rural families can receive a loan with affordable interest rate. This loan is also known as Section 502. The purpose of the loan is very broad, ranging from a rural home purchase to building one, to preparing a site, repairs, renovations and even relocating a home.