USDA Section 502 Guaranteed
USDA Section 502 Guaranteed is a loan program (0% down, guaranteed) from USDA Rural Development. Available statewide. Up to 100% toward a home purchase. First-time buyer status is not required. Income limit: 115% of area median income (1-4 person: $112,450 standard; 5-8: $148,450; high-cost CA/HI/AK/NoVA/WA higher).
Up to 100%
Listed as open as of May 2026
Available statewide.
| First-time buyer | Not required |
|---|---|
| Income limit | 115% of area median income (1-4 person: $112,450 standard; 5-8: $148,450; high-cost CA/HI/AK/NoVA/WA higher) |
| Minimum credit score | 640 |
| Maximum DTI | 29% |
| Occupations | Rural areas per USDA eligibility map |
| Property types | SFR, condo, PUD, modular; rural-eligible address |
| Occupancy | Owner-occupied primary |
| Eligible loan products | USDA |
| Sales price cap | No USDA hard cap; reasonable for area; based on appraised value |
| Repayment | 1% upfront guarantee fee + 0.35% annual fee |
| Stacking | Layers with DPA |
| Notes | 100% financing including financed guarantee fee. Income limits per HH size + county. |
Cal has not re-checked this listing recently. Confirm the current terms with the program administrator before relying on them.
Provider: USDA Rural Development · program details at the provider’s site.
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