This program cannot be used for the acquisition, renovation or construction of real estate in any part of the country. Only properties in rural areas may be eligible for this program. However, even if the property you want to buy, build or renovate is in an area defined as rural, you still need to certify that this area is covered by the Single Family Housing Guaranteed Loan Program. To have this information, you must access the official website of the US Department of Agriculture.

Every state in the country has lenders qualified to offer loans under the conditions defined by the Single Family Housing Guaranteed Loan Program. In all, there are more than 6,300 creditors spread across the country. For example, in the state of Alabama alone there are approximately 250 lenders qualified for this program. To find out which lenders can offer this service in your area, you must go to the official website of the US Department of Agriculture. There, you can find an updated and complete list.

There is no maximum limit for loans granted by the Single Family Housing Guaranteed Loan Program. The definition of a maximum amount will be up to the creditor who will formalize the loan. In most cases, loans will be 100% covered by the federal government and can be repaid in easy installments over up to 30 years.