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Get help buying a house for low- to moderate-income families and individuals
United States Department of Agriculture (USDA) Rural Development - New Mexico
Information Status
3 members used this service
USDA Rural Development's Single Family Housing Guaranteed Loan Program helps low- to moderate-income households obtain safe and sanitary housing in rural areas. USDA provides loan guarantees to approved lenders who are then able to offer mortgage loans that are 100 percent financed, which means there is no down payment required. Eligible applicants can purchase existing homes or build new homes.
Schedule
Eligibility Requirements
Household income must not exceed 115% of median household income. Must agree to occupy the dwelling as a primary residence and be a US citizen, US non-citizen national, or Qualified Alien.
ADA accessible
Yes
Citizenship Requirements
No citizenship requirements
Cost Details
Varies depending on mortgage loan arrangements. Loans are 100 percent financed, which means there is no downpayment required.
Cost or fees
Yes
states
New Mexico
What to do next
Click to visit link - https://www.rd.usda.gov/.../lenders
Please visit link to apply for a Guaranteed Loan through USDA Rural Development’s network of approved lenders. These approved lenders are also the point of contact for any questions you have about program eligibility.
Locations
This opportunity does not have a location or its location is private. This opportunity can be accessed in United States.
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