USDA Section 502 Direct Loan Program (Rhode Island)

USDA Section 502 Direct Loan Program (Rhode Island)是面向Rhode Island购房者的第一抵押贷款，由USDA Rural Development, Rural Housing Service (CT/MA/RI State Office, Amherst MA; Warwick RI Area Office)管理。 The USDA Section 502 Direct Loan Program assists low- and very-low-income applicants in obtaining decent, safe and sanitary housing in eligible rural areas of Rhode Island by providing direct mortgages with payment (interest) subsidy to increase repayment ability. USDA is the lender; no down payment is typically required and the effective rate can drop to as low as 1% with payment assistance. As of May 1, 2026 the note rate is 5.00% for low- and very-low-income borrowers, with terms up to 33 years (up to 38 years for very-low-income applicants who cannot afford the 33-year term). Up to 100% financing, no down payment typically required. Interest rate as low as 1% after payment assistance. Long repayment terms (up to 33-38 years). Direct USDA loan for households unable to obtain credit elsewhere. Funds usable to buy, build, repair, renovate, or relocate a rural home. 资金来自Direct federal appropriation; USDA is the direct lender。

USDA Section 502 Direct Loan Program (Rhode Island)是第一抵押贷款，按USDA Rural Development, Rural Housing Service (CT/MA/RI State Office, Amherst MA; Warwick RI Area Office)设定的条款偿还。 触发还款的情形：Payment subsidy (interest subsidy) received is subject to recapture and must be repaid (all or a portion) when title transfers or the borrower no longer occupies the dwelling。 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 Section 502 Direct Loan Program (Rhode Island)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 fixed minimum credit score; applicant must demonstrate willingness and ability to repay debt。 居住要求：Property must be in an eligible USDA-defined rural area of Rhode Island (verify address via the USDA Eligibility Site) and occupied as the primary residence。 公民身份或移民身份：U.S. citizen or eligible noncitizen。 Property must be located in a USDA-eligible rural area (verify by address at the USDA Eligibility Site). Applicants must be without decent, safe, sanitary housing and unable to obtain other credit on reasonable terms. Subsidy recapture applies on transfer/move-out. NOTE: RI-specific income and area-loan-limit dollar figures are published via USDA interactive lookups rather than static numbers on the program page, so income_limit_amount and max_purchase_price are left null; verify per county and household size.

USDA Section 502 Direct Loan Program (Rhode Island)的收入限制如下：Adjusted household income must be at or below the applicable low-income limit for the area (very-low and low-income tiers). RI-specific dollar limits vary by county and household size; use the USDA Income Eligibility lookup (eligibility.sc.egov.usda.gov). NOTE: RI dollar table not transcribed here because USDA publishes it via an interactive lookup rather than a static figure on the program page. 该限制适用于家庭总收入，而不仅是借款人的收入。 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 Section 502 Direct Loan Program (Rhode Island)的房价上限如下：Property market value may not exceed the applicable USDA area loan limit for the county (see RD-SFHAreaLoanLimitMap)。 符合条件的房屋类型包括single_family。 新建房屋符合条件。

USDA Section 502 Direct Loan Program (Rhode Island)服务于在Rhode Island任何地方购房的购房者。

USDA Section 502 Direct Loan Program (Rhode Island)的申请通过USDA Rural Development, Rural Housing Service (CT/MA/RI State Office, Amherst MA; Warwick RI Area 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 an ongoing basis from individuals October 1 - September 30 via the local USDA RD office; processing subject to funding availability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。