- Provider - Housing Loans - Rural Development, USDA

Provider Details

Housing Loans - Rural Development, USDA

Address: (See Map)

5417 Clem’s Way
Stevens Point, WI 54482

Contact Information:

Phone: (715) 345-7611
Website: Click Here to Visit Our Website
Email: SFHApplication@wi.usda.gov

Description:

Also known as the Section 502 Direct Loan Program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.

A number of factors are considered when determining an applicant’s eligibility for Single Family Direct Home Loans. At a minimum, applicants interested in obtaining a direct loan must have an adjusted income that is at or below the applicable low-income limit for the area where they wish to buy a house and they must demonstrate a willingness and ability to repay debt.

Service Categories

Conventional Home Loans, Home Rehabilitation Programs, Home- Security, Safety, Accessibility

Geographic Areas Served

  • Counties Adams, Green Lake, Marquette, Portage, Waushara, Adams, Ashland, Barron, Bayfield, Brown, Buffalo, Burnett, Calumet, Chippewa, Clark, Columbia, Crawford, Dane, Dodge, Door, Douglas, Dunn, Eau Claire, Florence, Fond Du Lac, Forest, Grant, Green, Green Lake, Iowa, Iron, Jackson, Jefferson, Juneau, Kenosha, Kewaunee, La Crosse, Lafayette, Langlade, Lincoln, Manitowoc, Marathon, Marinette, Marquette, Menominee, Milwaukee, Monroe, Oconto, Oneida, Outagamie, Ozaukee, Pepin, Pierce, Polk, Portage, Price, Racine, Richland, Rock, Rusk, St. Croix, Sauk, Sawyer, Shawano, Sheboygan, Taylor, Trempealeau, Vernon, Vilas, Walworth, Washburn, Washington, Waukesha, Waupaca, Waushara, Winnebago, Wood

Hours of Operation

  • Monday: 8:00 AM-4:30 PM
  • Tuesday: 8:00 AM-4:30 PM
  • Wednesday: 8:00 AM-4:30 PM
  • Thursday: 8:00 AM-4:30 PM
  • Friday: 8:00 AM-4:30 PM

Sites

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Last Update Date: 04/02/2020

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