WHY 502 HOMEOWNERSHIP LOANS?
- No down payment required
- Alternative credit analysis
- Interest rates as low as 1%
- Payment assistance available
- Affordable monthly payments
Through a new partnership with USDA Rural Development, HANDS is now offering this special mortgage product exclusively for homebuyers in Warren, Logan, Butler, Simpson, Edmonson, Allen, Hart, Barren, Daviess, Ohio, McLean, Henderson, and Hancock Counties.
Rural Housing 502 Direct Loans are loans that are directly funded by the federal government. Mortgage payments and eligibility are based on the household’s adjusted income.
FINANCING PLANS AVAILABLE
Getting a 502 loan provides an opportunity to own your home and build equity for the future. We offer financing options for customers with fixed incomes, those who are self-employed, and the working class.
BACKED BY THE FEDERAL OF APPALACHIAN HOUSING ENTERPRISE
HANDS is backed by the Federal of Appalachian Housing Enterprises (FAHE), a regional network of nonprofit housing providers.
For more information, or to find out if you are eligible for a 502 Direct Loan contact us today.
HANDS is an Equal Housing Opportunity Provider and does not discriminate on the basis of handicap, race, color, national origin, religion, sex, familial status, or age.