USDA Guaranteed Rural Housing Loan Program
Objective
Assist eligible applicants in buying their home by guaranteeing private lenders' loans
Applicant
Families and individuals apply to local lenders (alternatively, families and individuals can contact Tobin Lanes, Loan Specialist, USDA, Rural Development at 717-237-2275 directly for personal assistance).
Uses
Loans may be made to purchase existing or new homes. Population that can be served must reside in Rural Areas with populations of 10,000 or less (see map insert for eligible areas--same as for the Section 502 and 504 programs)
Who is geographically eligible?
The attached map shows the shaded areas within Lycoming County which are defined by USDA as being “urban,” thus, not eligible for USDA assistance. County residents who reside OUTSIDE the shaded areas are considered “rural,” thus, are deemed geographically eligible for USDA to assist. The boundary lines shown on the map are approximate – USDA should be consulted for a final determination of geographical eligibility.
Large Map - (130kB) includes city/township/street name labels
Small Map - (60kB) includes city/township labels
Loan - Loan Gurantee
Terms/Conditions - 30 year, fixed interest rate. Loans to 100 percent of market value.
Fee - 3.5% of loan (one time fee)
How can I get more information?
Guaranteed Rural Housing Loan Program information may be obtained by contacting Robin Lane, USDA, 717-237-2275 or email robin.lane@pa.usda.gov.
The USDA prohibits discrimination in all its programs and activities on the basis of race, color, national origin, sex, religion, age, disability, political beliefs, sexuality orientation or marital or family status. (Not all prohibited bases apply to all programs). Persons with disabilities who require alternative means for communication of program information (Braille, large print, audio tape, etc.) should contact USDA's TARGET Center at 202-720-2600 (voice and TDD). To file a complaint of discrimination, write: USDA. Director, Office of Civil Rights, Room 326-W, Whitten Building, 14th and Independence Avenue, SW, Washington DC 20250-9410. USDA is an equal opportunity provider and employer.