Loading the best recommendation for you…

Buy or renovate your home throught a loan with special conditions

Single Family Housing Guaranteed Loan Program, guarantee quality housing to poor rural families

Advertisement

Historically, poor families have always faced major problems in accessing credit services. Thus, dreams such as renovating, buying or building your own house have become unattainable. However, through the Single Family Housing Guaranteed Loan Program, the federal government has been gradually changing this reality. With the help of this program, poor Ruari families now have the federal government as a “guarantor” for their loans. Thus, they get a loan with great conditions and interest rates.

card

You will remain in the same website

Here are four reasons why the Single Family Housing Guaranteed Loan Program has forever changed the lives of rural families in need.

This program allows loans for the purchase of real estate, renovations, construction and much more;
It is available to residents of rural areas in all states of the country;
Simple criteria to meet;
There is no maximum number of families that can be served.

You will remain in the same website

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.

Single Family Housing Guaranteed Loan Program

Apply for the Single Family Housing Guaranteed Loan Program: find out how

Apply to Single Family Housing Guaranteed Loan Program and build your own home paying low interest on a government-guaranteed loan.

The government thought of a way to guarantee the quality of life for those who risked their own lives for the nation’s interests. For this, they offer a pension to veteran soldiers and their families.

To find out how this aid works, learn about the VA Survivors Pension in the following post.

VA Survivors Pension

Apply for the VA Survivors Pension: find out how

Apply to VA Survivors Pension, which guarantees military veterans more quality of life and financial aid. Keep reading and learn more.

Trending Topics

content

Citi® Double Cash Card: check out how to apply!

Apply for the Citi® Double Cash Card and receive 2% cashback on all purchases, no annual fee, 0% APR for the first 18 months and more.

Keep Reading
content

First Progress Platinum Elite Mastercard® Secured card: how to apply

Apply to the First Progress Platinum Elite Mastercard® Secured card and have a tool to build credit with a Mastercard accepted worldwide.

Keep Reading
content

Delta Air Lines: cheap flights and offers

Learn how to find the "secret discounts" for cheap flights Delta Air Lines offers. Find flights from $79.99 and save a lot on your next trip!

Keep Reading

You may also like

content

BlockFi Rewards Visa® Signature Card: check out how to apply!

Apply for the BlockFi Rewards Visa® Signature Card and get access to one of the best cryptocurrency reward program cards with no annual fee!

Keep Reading
content

Improve your finances: Apply for an Upstart Loan!

Do you need a loan of up to $50,000 with good terms? If so, you can read on to learn how to apply for an Upstart Loan!

Keep Reading
content

Group One Platinum Card full review: should you get it?

Group One Platinum Card has benefits you can't find easily: 0% APR, a $750 instant starting limit. Read on to learn more!

Keep Reading