USDA Rural Development Section 502 Direct Loan Program (Kansas)

USDA Rural Development Section 502 Direct Loan Program (Kansas) es una primera hipoteca para compradores de vivienda en Rural Kansas – eligible rural areas only, Kansas, a cargo de USDA Rural Development, Kansas State Office. The USDA Section 502 Direct Loan Program provides financing to low- and very-low-income applicants for purchase, construction, repair, or renovation of homes in eligible rural areas of Kansas. The program offers a fixed-rate mortgage with payment assistance that can reduce the effective interest rate to as low as 1%, and requires no down payment. Applications are accepted year-round through local USDA Rural Development offices. No down payment required. Fixed interest rate (5.125% as of June 2026, reducible to 1% with payment assistance). Up to 38-year term. Available for purchase, construction, or renovation. No prepayment penalty. Los fondos provienen de USDA Housing Act of 1949, Section 502; federal appropriations.

USDA Rural Development Section 502 Direct Loan Program (Kansas) es una primera hipoteca y se reembolsa según los términos que fija USDA Rural Development, Kansas State Office. El reembolso se activa por Borrowers must repay all or portion of payment subsidy received over life of loan when title transfers or borrower no longer occupies the dwelling. La ayuda se registra con un gravamen en posición First mortgage. 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 Rural Development Section 502 Direct Loan Program (Kansas) está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: No specified minimum FICO; must demonstrate willingness and ability to repay. See USDA credit requirements document. Ciudadanía o situación migratoria: U.S. citizen or eligible non-citizen. Must not be debarred or suspended from federal programs. Applicant must be without decent housing and unable to obtain financing elsewhere. Property must be in USDA-eligible rural area (check eligibility.sc.egov.usda.gov). Interest rate of 5.125% effective June 1, 2026 (verified from USDA Kansas state page). Payment subsidy recapture applies. Federal program — eligible_veteran and other special populations set false because program does not give enhanced terms to these groups specifically.

USDA Rural Development Section 502 Direct Loan Program (Kansas) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Must be at or below the applicable low-income limit for the area (county-specific; generally at or below 80% AMI for 'low income' or lower for 'very low income'). See USDA income eligibility map at rd.usda.gov for Kansas county-specific limits. 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 Rural Development Section 502 Direct Loan Program (Kansas) limita el precio de compra así: Home must not exceed the applicable area loan limit per county (see USDA area loan limit map). Los tipos de propiedad elegibles incluyen Single Family y Manufactured. La construcción nueva es elegible. Las viviendas prefabricadas son elegibles.

USDA Rural Development Section 502 Direct Loan Program (Kansas) atiende a compradores de vivienda que compran en Rural Kansas – eligible rural areas only, Kansas.

Las solicitudes de USDA Rural Development Section 502 Direct Loan Program (Kansas) se tramitan a través de USDA Rural Development, Kansas State Office, que publica los términos vigentes y los pasos de la solicitud en su propio sitio. 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.