USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico)

USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico) es una primera hipoteca para compradores de vivienda en Albuquerque, New Mexico, a cargo de USDA Rural Development - New Mexico State Office. The USDA Section 502 Direct Loan Program helps low- and very-low-income New Mexicans buy, build, or repair homes in eligible rural areas with no down payment typically required. USDA provides a payment assistance subsidy that can reduce the effective interest rate to as low as 1% based on adjusted family income. Effective June 1, 2026, the base interest rate is 5.125%, with terms up to 33 years (38 years for very-low-income borrowers). The program is currently open and applications are accepted year-round through the NM State Office. No down payment typically required. Payment subsidy can reduce effective rate to as low as 1%. Up to 33-year (or 38-year) terms. Direct loan from USDA. Available year-round statewide in eligible rural areas. Los fondos provienen de USDA Rural Development (Housing Act of 1949, 7 CFR Part 3550).

USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico) es una primera hipoteca y se reembolsa según los términos que fija USDA Rural Development - New Mexico State Office. El reembolso se activa por Payment subsidy (recapture) repaid in full or in part when title transfers or the borrower no longer occupies the home. La ayuda se registra con un gravamen en posición First. 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 Loan (Section 502 Direct, New Mexico) está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Sobre el crédito, el programa indica: No fixed minimum; applicants must demonstrate willingness and ability to repay debt. Requisito de residencia: Home must be located in an eligible rural area of New Mexico (per USDA eligibility map). Payment subsidy is subject to recapture when title transfers or the borrower stops occupying the home. GAP: per-county income and area loan limits, and whether manufactured homes qualify in NM, vary - verify via USDA eligibility tools. Direct first-lien loan with embedded payment-assistance subsidy rather than a standalone DPA.

USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Adjusted income at or below the applicable low-income (or very-low-income) limit for the area; limits vary by county and household size. 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 Loan (Section 502 Direct, New Mexico) limita el precio de compra así: Property market value may not exceed the applicable RD area loan limit for the county. Los tipos de propiedad elegibles incluyen Single Family. La construcción nueva es elegible.

USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico) atiende a compradores de vivienda que compran en Albuquerque, New Mexico. El programa da prioridad a áreas designadas, así que importa la dirección además del condado.

Las solicitudes de USDA Single Family Housing Direct Home Loan (Section 502 Direct, New Mexico) se tramitan a través de USDA Rural Development - New Mexico 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 year-round at the local RD office (program year Oct 1 - Sep 30); processed subject to funding availability. 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.