Can you explain the USDA direct home loan payment assistance?

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I understand that if I use the USDA Direct loan I may be eligible for payment assistance/government subsidy. I know that I will have to repay the subsidy under certain situations, but I don’t understand how they determine if you are eligible for the assistance and how the amount is calculated. Does anyone have any first hand experience with this program? If so, can you explain?

One comment to Can you explain the USDA direct home loan payment assistance?

  • Beverly S  says:

    Never heard of this & I do RD (USDA) loans all the time.

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