USDA Section 504 Home Repair Loan

USDA Rural Development

Open Home Repair

About This Program

Low-interest (1%) loans up to $40,000 with 20-year terms for very-low-income homeowners to repair, improve, or modernize their homes. Must be unable to obtain affordable credit elsewhere. Property must be in eligible rural area.

1% fixed interest rate with 20-year repayment term

Key Details

  • 1% interest loan up to $40,000
  • 20-year repayment term
  • Must be very-low-income homeowner
  • Property must be in USDA-eligible rural area
  • Contact Oklahoma Rural Development to apply

How to Apply

Deadline: Ongoing

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