USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona es una primera hipoteca para compradores de vivienda en Arizona, a cargo de USDA Rural Development, Rural Housing Service - Arizona State Office. The USDA Section 502 Direct Home Loan Program helps low- and very-low-income applicants in eligible rural areas of Arizona obtain decent, safe and sanitary housing by lending directly to borrowers and providing payment assistance (a temporary interest subsidy) to increase repayment ability. Loans typically require no down payment and can fund purchase, construction, repair, renovation or relocation of a home, including site costs and water/sewer facilities. With payment assistance the effective interest rate can be reduced to as low as 1%. The program is open year-round through the Arizona State Office and local Rural Development offices. Los fondos provienen de Federal appropriations - USDA Rural Housing Service direct loan funds (Housing Act of 1949, Section 502; 7 CFR Part 3550).

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona es una primera hipoteca y se reembolsa según los términos que fija USDA Rural Development, Rural Housing Service - Arizona State Office. El reembolso se activa por Payment-assistance subsidy is recaptured (all or a portion) when the title transfers or the borrower no longer lives in the dwelling. La ayuda se registra con un gravamen en posición First lien (direct mortgage from USDA). Los términos de condonación y reembolso los fija el programa y pueden cambiar; confírmalos en la página oficial del programa antes de presentar la solicitud.

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: No published minimum credit score; applicant must demonstrate willingness and ability to repay. Requisito de residencia: Property must be located in a USDA-eligible rural area of Arizona (generally areas with population under 35,000; verify via USDA Eligibility Site). Ciudadanía o situación migratoria: U.S. citizen, U.S. non-citizen national, or qualified alien. Applicant must be without decent/safe/sanitary housing, unable to obtain a loan on reasonable terms elsewhere, occupy the home as primary residence, have legal capacity, meet citizenship/eligible-noncitizen requirements, and not be suspended/debarred. Property must not exceed the county area loan limit and may not be income-producing. Payment subsidy (subsidy recapture) must be repaid in whole or part on title transfer or when the borrower no longer occupies the home.

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Adjusted household income must be at or below the applicable low-income (or very-low-income) limit for the county; limits vary by Arizona county per the USDA Direct Loan income limit map. Very-low-income borrowers may qualify for a 38-year term. El límite se aplica al ingreso total del hogar, no solo al del prestatario. Las cifras del ingreso mediano del área las publica HUD y se actualizan cada año, así que consulta la tabla vigente del condado antes de basarte en una cifra.

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona limita el precio de compra así: Property market value may not exceed the applicable USDA area loan limit for the county where the property is located. Los tipos de propiedad elegibles incluyen Single-family detached y Modest single-family home in eligible rural area. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona atiende a compradores de vivienda que compran en cualquier lugar de Arizona. El programa se dirige a áreas específicas: Available only in USDA-designated eligible rural areas of Arizona.

Las solicitudes de USDA Single Family Housing Direct Home Loans (Section 502 Direct) - Arizona se tramitan a través de USDA Rural Development, Rural Housing Service - Arizona State Office, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. Los fondos se reservan a través de Applications accepted on an ongoing basis October 1 - September 30 through local Rural Development offices; processing depends on funding availability and demand. Hey Prescott no es un prestamista y no acepta solicitudes; esta página describe el programa para que un comprador de vivienda pueda llevarlo a un prestamista o a un asesor de vivienda.