Subsidized funds are available on direct loans only for low and very low-income applicants.
Loan guarantees are also available to assist low and moderate income rural families in home acquisition. Applicants must be without adequate resources to obtain housing, or related facilities. For direct loans, applicants must be eligible for payment assistance and income may not exceed the low-income limits set forth in RD Instructions. For a guaranteed loan the applicant's income may not exceed the moderate income limit which is generally 115 percent of the median income for the area. Applicants and borrowers are the direct beneficiaries of the program and must meet applicant eligibility requirements.