Training and Professional Development – NeighborWorks America – LE210 USDA Rural Development Sec502 Direct Loans: Affordable Rural Homeownership This three-day advanced course will cover USDA Rural Development’s Section 502 direct loan program and provide invaluable insight as to how this homeownership financing resource can be utilized in your communities.
Eligibility – To determine if a property is located in an eligible rural area, click on one of the USDA Loan program links above and then select the Property Eligibility Program link. When you select a Rural Development program, you will be directed to the appropriate property eligibility screen for the Rural Development loan program you selected.
Does anyone know much about section 502 loans for rural land. – Does anyone know much about section 502 loans for rural land purchases? (self.RealEstate) submitted 4 years ago * by brotherjonathan. I live in rural Mo. and found a 10 acre lot just outside city limits. The asking price is 60K and there are electric and water hook ups as well as a 400 ft gravel.