In March we learned that USDA Rural Housing funds were expected to run dry by the end of April. Here is a quote from the story: "Every year USDA runs out of money for their fundings and normally you ...
Day by day, nail by nail, Austin Reese is hammering away at what will soon be his new home in the high country. Reese, who works for the Colorado State Forest Service’s Granby office, bought the home ...
The USDA failed to follow its own guidance for a rural mortgage program, taking years to foreclose on delinquent loans. As a result, 55 Maine borrowers racked up, on average, $110,000 in additional ...
USDA home loans offer a path to homeownership for those with lower incomes and for people who are looking to buy a home in certain areas of the country. These mortgages are backed by the US Department ...
USDA Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase ...
WASHINGTON, Jan. 9, 2013 - A new report issued by the National Rural Housing Coalition focuses on validating the successes of the Section 502 Direct Loan program and the Section 523 Mutual Self-Help ...
USDA mortgages are aimed at borrowers buying in eligible rural areas. These loans come with lenient rules around credit scores and down payment requirements. USDA loans come with income limits that ...
Several agencies within the federal government have programs to help different homebuyers — such as first-time buyers, low-income families and military veterans — afford real estate. Nearly anyone can ...
Nearly all of the foreclosures filed by the USDA in recent months have targeted Maine’s poorest rural residents. (Photo illustration by Peter DiCampo/ProPublica. Source photos: Bangor Daily News.