USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)是面向Alabama购房者的第一抵押贷款，由USDA Rural Development, Alabama State Office管理。 The USDA Section 502 Single Family Housing Guaranteed Loan Program provides a 90% loan note guarantee to approved private lenders, enabling low- and moderate-income households to purchase, build, or rehabilitate a home in eligible rural areas of Alabama with no money down. Applicants must not exceed 115% of area median income and must occupy the property as their primary residence. Not limited to first-time homebuyers; supports 30-year fixed-rate financing. 100% financing — no down payment required. No minimum credit score set by USDA. 90% federal loan guarantee. Closing costs, repairs, and site prep may be financed. No set purchase price limit. Not restricted to first-time homebuyers. 30-year fixed rate. Manufactured homes eligible. 资金来自Federal — USDA Rural Housing Service; 90% loan note guarantee backed by federal government。

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)是第一抵押贷款，按USDA Rural Development, Alabama State Office设定的条款偿还。 该援助以first顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)面向将房屋作为主要住所自住的购房者。 关于信用，该项目说明：No minimum credit score set by program; applicants must demonstrate willingness and ability to repay; lenders may set overlays。 居住要求：Must occupy home as primary residence; property must be in eligible rural area。 公民身份或移民身份：U.S. citizen, U.S. non-citizen national, or Qualified Alien。 Property must be in a USDA-eligible rural area — verify each address at eligibility.sc.egov.usda.gov. Upfront guarantee fee (currently ~1%) and annual fee (currently ~0.35%) apply in lieu of PMI — verify current rates with approved lender. Lenders may impose credit overlays. Cannot be used for income-producing properties.

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)将家庭收入限制在地区收入中位数的115%，该数值因县和家庭人数而异。 FY2025 income limits vary by Alabama MSA/county. Moderate income (115% AMI) 4-person limits: Huntsville MSA $119,850; Birmingham-Hoover HMFA $119,850; Auburn-Opelika HMFA $119,850; Decatur MSA $104,800; most other Alabama counties $119,850. 1-8 person limits in HB-1-3555 Appendix 5 (PN 645, 06/18/2025). 该限制适用于家庭总收入，而不仅是借款人的收入。 该项目列出的最大家庭人数为8。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)的房价上限如下：No set maximum purchase price; loans are based on appraised value; must be modest, adequate housing。 符合条件的房屋类型包括Single Family、Condo、Townhouse、PUD、Modular和Manufactured。 新建房屋符合条件。 预制房屋符合条件。

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)服务于在Alabama任何地方购房的购房者。 该项目针对特定区域：Only properties in USDA-designated eligible rural areas qualify; verify at eligibility.sc.egov.usda.gov; urban/suburban areas typically ineligible。

USDA Single Family Housing Guaranteed Loan Program (Section 502 Guaranteed)的申请通过USDA Rural Development, Alabama State Office办理，该机构在其网站上公布现行条款和申请步骤。 资金通过Applications accepted on a continuous basis through approved lenders; no reservation required预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。