Fahe Closes 1,000th 502 Direct Loan During Homeownership Month

June is National Homeownership Month and Fahe is celebrating in style because we have closed our ONE THOUSANDTH USDA 502 Direct Loan!  That’s 1,000 rural families that have received a home with a mortgage they can afford. Our partnership with USDA is a beautiful example of a public/private partnership that really works. By coupling a… Read More>

A Quick Comparison of FHA and Conventional Loans

In the past we have discussed USDA 502 Direct loans on this blog and how this product is a great option for rural families with lower incomes.  However, our commitment to creating prosperous neighborhoods and successful homeowners in Appalachia extends to families of all income levels.  Two types of loans that higher earning households often… Read More>

How to find USDA Approved Homes

If you follow our blog then you’ve seen a lot of buzz about USDA 502 Direct home loans. We are proud of our partnership with USDA Rural Development and we feel very fortunate to be able to offer such great products to future homeowners. USDA home loans are a great choice for people looking to… Read More>

USDA 502 Direct Collaboration

USDA 502 Direct Loans are affordable, low interest loans that help low- and very low-income households obtain homeownership. Recently the USDA has entered into collaboration with certain nonprofits to help augment their existing staff capacity. The USDA 502 Packaging Demonstration is the first partnership of its kind where nonprofits have been given unprecedented access to… Read More>

Heather Powell and Family

FAHE Packages Its 100th USDA 502 Program Loan

Speaking to Heather Powell, one can tell she is a woman who is certain of what she wants. A disabled mother of three daughters, she found herself wanting more than just renting a house in rural Somerset, KY. The location was nice, the backyard was large, but she found herself paying more and more for… Read More>