How to Buy Broke with USDA-Workshop

How to Buy Broke with USDA-Workshop

Embark on your journey to homeownership with our comprehensive USDA 502 Direct Loan Workshop. Join us as we guide you through the process

By SpiritLove Foundation

Select date and time

Saturday, May 10 · 8 - 10am PDT

Location

Online

Agenda

10:00 AM - 10:30 AM

Session 1: Unlocking the USDA 502 Direct Loan


• Discover the benefits of rural homeownership with the USDA 502 Direct Loan • Explore eligibility criteria and why this program is a great choice for millennials • Hear success stories and real-life...

Session 2: Document Preparation Made Easy


• Dive into the paperwork: what you need and how to gather it efficiently • Tips and tricks for organizing your documents for a seamless application process • Avoid common pitfalls and stay on track ...

Session 3: Navigating the Rural Roadmap


• Dive into the paperwork: what you need and how to gather it efficiently • Tips and tricks for organizing your documents for a seamless application process • Avoid common pitfalls and stay on track ...

Session 3: Navigating the Rural Roadmap


• Step-by-step guide to completing the USDA 502 Direct Loan application • Understanding the role of the USDA Rural Development office and what to expect • Empower yourself with timelines and insights...

Session 4: Q&A and Resource Exchange


• Engage in an open discussion and get answers to your burning questions • Access valuable resources and contacts for ongoing support on your homeownership journey

About this event

How to Buy Broke with USDA: Affordable Homeownership in Rural America


About This Event:


Welcome to How to Buy Broke with USDA: Affordable Homeownership in Rural America! This workshop is your ultimate guide to understanding the USDA 502 Direct Loan program, designed to make homeownership in rural areas both achievable and affordable—even if you’re starting with limited resources.


Hosted in collaboration with the SpiritLove Foundation, this event is crafted with a millennial-friendly approach, focusing on how you can qualify for low-income subsidies that can help cover your mortgage. Whether you’re a first-time homebuyer or simply exploring alternative financing options, this workshop will equip you with the knowledge and tools needed to navigate the USDA loan process successfully.


Our interactive and engaging sessions will walk you through the eligibility criteria, benefits, and step-by-step process of applying for the USDA 502 Direct Loan. With real-life examples and practical tips, you’ll leave this workshop ready to take the first steps toward owning your own home in rural America—no matter your starting point.


Join us and discover how to buy “broke” and turn your homeownership dreams into a reality!

Frequently asked questions

Who should attend this workshop?

This workshop is ideal for individuals interested in rural homeownership and those considering applying for the USDA 502 Direct Loan program.

Is there a cost to attend the workshop?

No, attendance to the workshop is free of charge. However, registration is required to secure your spot.

Is this event only for low income?

No, the workshop is open to individuals of all ages who are interested in learning about the USDA 502 Direct Loan program and rural homeownership.

What will I learn from attending the workshop?

You will gain a comprehensive understanding of the USDA 502 Direct Loan program, including eligibility criteria, document preparation, and navigating the application process.

Will there be opportunities to ask questions during the workshop?

Yes, there will be dedicated Q&A sessions where attendees can ask questions and seek clarification on any topics covered during the workshop.

Do I need to bring anything to the workshop?

It’s recommended to have a pen and notepad handy for taking notes, but all necessary materials will be provided during the workshop. Bring the following documents in order to complete all required forms: 2yr tax returns, 30 day paystubs, 2 month bank/asset statements, any other supporting income doc

Is there a Fee to Apply for USDA?

Yes! All USDA Direct applicants are required to pay $30 for a credit report fee at the time of application. That can be check or money order made out to USDA Rural Development.

Can I bring a friend or family member to the workshop?

Yes, you are welcome to invite friends or family members who are also interested in learning about rural homeownership and the USDA 502 Direct Loan program.

How do I register for the workshop?

You can register for the workshop by visiting our website or using the registration link provided in the event invitation. Simply fill out the registration form with your details to secure your spot.

Will there be more opportunities available?

Yes, there will be dedicated sessions for all applicants in need of further assistance in the homebuying process.

Will the workshop be recorded for later viewing?

Unfortunately, the workshop will not be recorded for later viewing. However, attendees will have access to presentation slides and materials after the event.

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Join us for our USDA workshops to apply for USDA Homeownership