USDA Section 502 Direct Loan
USDA Section 502 Direct Loan is a 100% ltv direct first mortgage with payment subsidy from USDA Rural Development - Idaho State Office. Coverage: USDA-designated rural Idaho areas (populations under 20k); covers most rural counties. First-time buyer status is not required. Income limit: Low to very-low income (50-80% AMI; lower-income tiers).
Amount varies by program
Listed as open as of May 26, 2026
Coverage: USDA-designated rural Idaho areas (populations under 20k); covers most rural counties.
| First-time buyer | Not required |
|---|---|
| Income limit | Low to very-low income (50-80% AMI; lower-income tiers) |
| Minimum credit score | 640 |
| Occupations | Open to all |
| Sales price cap | Area loan limit |
| Amount notes | 100% financing; payment-assistance subsidy reduces effective rate to as low as 1% |
| Notes | Heavily used across rural Idaho. Apply directly to USDA RD. |
| Phone | 208-378-5600 |
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Provider: USDA Rural Development - Idaho State Office · program details at the provider’s site.
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