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SINGLE FAMILY HOME LOAN GUARANTEE (SECTION 502)

US DEPARTMENT OF AGRICULTURE (USDA), RURAL DEVELOPMENT

Email

rd.grh@nm.usda.gov

Information Contact

Guaranteed Loan Program

Loan Specialist: Christine Griego

USDA

Phone: 505-761-4944

Eligibility

Indian Tribes and Pueblos Individual

Type of Aid

Loan Guarantee

Program Purpose

Program assists approved lenders in providing low and moderate income households the opportunity to own adequate, modest, decent, safe and sanitary dwellings as their primary residence in eligible rural areas.

Deadline to Apply

Open application cycle.

Eligibility Description

Individuals

Special Conditions

Rural communities with populations of 10,000 or less.

Funding Availability

Funding Potential for Award–Varies

Range of Awards

Funding Cycle – Duration–Ongoing

Source of Funds–Approved Lender guaranteed by USDA

Application Process

Deadline–Open application cycle

How to Apply–Apply to an approved lender

Selection Criteria & Decision Authority

Frequently Asked Questions:

Please contact USDA with program questions.