USDA Section 502 Guaranteed Loan
USDA Section 502 Guaranteed Loan is a first mortgage (federally guaranteed) from USDA Rural Development (lender-issued). Coverage: CA USDA-eligible rural areas (~92% of state by area). Income limit: 115% moderate-income limit; FY2026 standard $122,800 for 1-4 persons, $162,100 for 5-8, higher in higher-cost counties (HB-1-3555 Appendix 5, PN 657, effective 07-13-2026).
Amount varies by program
Listed as open as of May 26, 2026
Coverage: CA USDA-eligible rural areas (~92% of state by area).
| Income limit | 115% moderate-income limit; FY2026 standard $122,800 for 1-4 persons, $162,100 for 5-8, higher in higher-cost counties (HB-1-3555 Appendix 5, PN 657, effective 07-13-2026) |
|---|---|
| Minimum credit score | 640 |
| Sales price cap | No max, limited by appraisal/DTI |
| Amount notes | 100% financing, no down payment |
| Notes | Originated by participating lenders, 90% USDA guarantee. |
| Phone | 530-792-5800 |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: USDA Rural Development (lender-issued) · program details at the provider’s site.
See if USDA Section 502 Guaranteed Loan fits your purchase
Tell Cal how to reach you and a licensed loan officer will walk through this program, what it stacks with, and what you would actually qualify for. No spam, no list-selling.
More California programs
-
Deferred Silent Second · Up to 3.5%
-
Deferred Closing Cost Assistance · Up to 4%
-
First Mortgage (for pairing with DPA) · Amount varies by program
-
First Mortgage (for pairing with DPA) · Amount varies by program
-
Deferred Silent Second · Up to 2.5%
-
Shared Appreciation Loan · Up to $150,000 or Up to 20%
-
grant or 3-year forgivable second · Up to 5.5%
-
Occupation-Based Amortizing Second + Grant · Up to 5%