How to Apply for a Federal Low Income Housing Loan

How to Apply for a Federal Low Income Housing Loan
Low Income Housing Loans

Apply for a Federal Low Income Housing Loan.

The first step is to call the Farmers Home Administration at the Department of Agriculture to see if you qualify for the federal low income housing loan. You will have to meet the low income requirements to be able to qualify for the federal low income housing loan. You can call this office at: 202-447-7967. Ask for the administrator or the office of the administrator that deals with the federal low income housing loans. This program covers guaranteed low income housing loans for up to $60,000 dollars.

Next, once you are connected with the Farmers Home Administration administrator, he or she will then take down your personal information that will include your income level. If you meet the low income requirements, the administrators office will then take down the rest of your information and send you the federal low income housing loan application in the mail.

Next, when you receive the federal low income housing loan application in the mail, carefully fill out and complete the application. Read over the application and correct any mistakes if necessary. If you need assistance, you can call the number above for any questions about the federal low income housing loans.

Lastly, once you have filled out and completed the application for the federal low income housing loan, return the application to:

Attention: Administrator,Farmers Home Administration. Department of Agriculture Washington, DC, 20250

Or if the Department of Agriculture gives you a different address, then send the application to the updated address that the Department of Agriculture has specified. Once your federal low income housing loan application has been processed, the Department of Agriculture will contact you with the results and the information on what to do next.