Housing advocates say USDA handbook revisions to the Section 502 Direct Loan program lower the maximum loan amount to 60% of local FHA limits and remove exceptions. They warn the changes could reduce ...

USDA loans offer extremely affordable terms to homebuyers, such as 0% down payments and low interest rates. But those who qualify for this loan will also want to keep in mind that the application ...

Add Yahoo as a preferred source to see more of our stories on Google. Getting a mortgage to buy a home is a process, with many hoops and hurdles to jump through before reaching the finish line. And ...

Several of the revisions introduce new administrative, financial, and programmatic barriers that could limit the usability of 502 Direct for low-income rural homebuyers and nonprofits like Habitat for ...