CLARKSVILLE, Tenn. (AP) -- The U.S. Department of Agriculture is holding a meeting in Clarksville for people who are interested in learning more about the agency's federal rural development home loan programs.
A homeownership specialist will be at the USDA Farm Service Agency at 2543 Madison St. in Clarksville all day Tuesday.
Rural development home loans can be made without a down payment, and eligible applicants may qualify for financing up to 100 percent of the appraised value.
Loans are typically made for 33 years at a fixed interest rate. Eligibility is based on family income and varies by county. For example, a family of four living in Montgomery County with an adjusted income up to $43,000 may qualify. Staff members will help applicants calculate their adjusted household income and complete an application.
To comment, the following rules must be followed:
Comments may be monitored for inappropriate content, but the station is under no legal obligation to do so.
If you believe a comment violates the above rules, please use the Flagging Tool to alert a Moderator.
Flagging does not guarantee removal.
Multiple violations may result in account suspension.
Decisions to suspend or unsuspend accounts are made by Station Moderators.
Links require admin approval before posting.
Questions may be sent to firstname.lastname@example.org. Please provide detailed information.