502 Direct Loans: Best-kept Rural Housing Secret

502 Direct Loans: Best-kept Rural Housing Secret

May 8, 2015
4:30
Light Theme Light Dark Theme Dark

Advertisement

Section 502 direct loans from the federal Rural Housing Service are not as well-known as Sec. 502 guaranteed loans, but for lower-income home buyers in rural areas the loans could make home ownership possible. The loans go to households earning as low as 50 percent of the area median income. NAR Government Affairs sits down with the director of the program to learn about how the program works.

Each week, NAR Leadership and industry experts share tips and updates on the real estate industry during this unprecedented time.
Window to the Law is a monthly video series focusing on a legal topic of interest. Not just for legal professionals, Window to the Law covers topics applicable to legal compliance for real estate professionals, brokerages, and REALTOR® associations.
The Voice for Real Estate is NAR's video news series. Every month, host Stephen Gasque shines a spotlight on a range of topics, including legislative, regulatory, and legal updates, as well as recent research findings.
YouTube Play Button Icon

NAR Videos on YouTube

NAR offers additional topics online covering legislation, events, industry news and guides for both NAR members and the public. Visit NAR on YouTube

National Association of REALTORS®

16.8K subscribers

Open YouTube

REALTOR® Party

1.52K subscribers

Open YouTube

REALTOR® Magazine

3.5K subscribers

Open YouTube

NAR Meetings

1.48K subscribers

Open YouTube

That's Who We R

The campaign ads rally consumers to "Look for the R" for reassurance, resources, and reliable guidance on their path to property ownership.

Coronavirus

The latest from NAR about about COVID-19 (coronavirus), its impact on the real estate industry and events, and federal programs affecting REALTORS®.