USDA Section 502 Single Family Housing Direct Home Loans (South Carolina)

USDA Section 502 Single Family Housing Direct Home Loans (South Carolina) es una primera hipoteca para compradores de vivienda en South Carolina, a cargo de USDA Rural Development. USDA Rural Development's Section 502 Direct Loan Program provides low- and very-low-income rural homebuyers with a subsidized fixed-rate mortgage and payment assistance that can reduce the effective interest rate to as low as 1%. No down payment is typically required. The program assists applicants who cannot obtain credit elsewhere. As of May 1, 2026, the base interest rate is 5.00%. Payment assistance reduces actual payment based on adjusted family income. Property must be in USDA-eligible rural area in South Carolina. No down payment typically required. Interest rate as low as 1% with payment subsidy. 33-38 year loan term. Available year-round. No pre-payment penalty. Funds can also be used to build or renovate. Los fondos provienen de USDA Rural Development federal appropriations.

USDA Section 502 Single Family Housing Direct Home Loans (South Carolina) es una primera hipoteca y se reembolsa según los términos que fija USDA Rural Development. 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 Section 502 Single Family Housing Direct Home Loans (South Carolina) está abierto a compradores de vivienda que vivirán en la vivienda como su residencia principal. Requisito de residencia: Must be US citizen, permanent resident, or eligible noncitizen. Applicants must demonstrate inability to obtain credit from other sources on reasonable terms. Cannot be suspended or debarred from federal programs. Payment assistance must be repaid (all or portion) when title transfers or borrower no longer occupies. Processing times vary by funding availability and demand. Contact SC USDA RD office for current waiting times. Applicants may use the USDA Self-Assessment Tool before applying at eligibility.sc.egov.usda.gov. Current rate effective May 1, 2026: 5.00% (check rd.usda.gov for updates).

USDA Section 502 Single Family Housing Direct Home Loans (South Carolina) limita el ingreso del hogar al 80% del ingreso mediano del área, que varía según el condado y el tamaño del hogar. Adjusted income must be at or below the low-income limit for the area (generally 80% AMI for low-income; very-low-income = 50% AMI). Payment subsidy further reduces payments. Specific SC county limits at rd.usda.gov/sites/default/files/RD-DirectLimitMap.pdf. 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 Section 502 Single Family Housing Direct Home Loans (South Carolina) limita el precio de compra así: Cannot exceed applicable USDA area loan limit (varies by county in SC). Los tipos de propiedad elegibles incluyen Single Family. La construcción nueva es elegible. Las viviendas prefabricadas no son elegibles.

USDA Section 502 Single Family Housing Direct Home Loans (South Carolina) atiende a compradores de vivienda que compran en cualquier lugar de South Carolina. El programa se dirige a áreas específicas: USDA-designated rural areas in South Carolina (verify at https://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do).

Las solicitudes de USDA Section 502 Single Family Housing Direct Home Loans (South Carolina) se tramitan a través de USDA Rural Development, 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.