Introduction to USDA’s No Down-payment Loans
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Through the Section 502 Single Family Housing Guaranteed loan program, USDA assists lenders in providing no down-payment loans to low- and moderate-income household to purchase adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas.
Join MBA and industry experts for a detailed discussion into the USDA's No-Down Payment Loan program.
2:00-3:00 PM ET
- Applicant Eligibility (different types of income, credit evaluation, repayment ability)
- Rural Areas
- Property Types / Condition
- Escrow for Repairs / Single-Close Construction Loan
Who Should Attend?
- Loan Originators
- Loan Processors
- Ed Peace, Finance & Loan Analyst, Single Family Housing Guaranteed Loan Programs Rural Development, U.S. Department of Agriculture