502 Direct Loan Packaging

502 Direct Loan Packaging Program

Low- and very low-income rural residents need opportunities for home ownership, but traditional mortgage financing is too often out of reach.  The U.S. Department of Agriculture Rural Development (USDA RD) Single Family Direct Loan Program (502 direct loans) is an affordable alternative that provides subsidized mortgage loans for modest homes in rural areas.  The applicants are generally first-time homebuyers.

LIFT CAA is an intermediary and quality assurance reviewer of packaged loan application for USDA RD’s Section 502 Single Family Housing Direct Loan Program.

LIFT CAA provides training to qualified employers and certified packagers to ensure they are qualified to process loan applications.  LIFT CAA also reviews completed loan applications for accuracy and completeness before sending them to USDA RD for approval.

Getting Started

LIFT Community Action Agency, Inc. is a participating intermediary in the USDA 502 Packaging Program. This page is a portal for resources intended for certified packagers, potential packagers and qualified employers participating in the program.  Please follow the links to learn how to get started, access training and support documents, or to get updates on the 502 Packaging Program.Start Here to Become a Packager

Steps to Packaging
LIFT CAA 502 State Coverage Map
Section 502 Loan Program

Contact Info

Hugo Home Ownership Center
500 E. Rosewood
Hugo, OK  74743
(580) 326-5434
Housing Director

Certified Packagers

  • AR – Universal Housing Development Corp.
  • KS – Family Destiny
  • LA – ED 360, Inc.
  • LA- Family Resources of New Orleans
  • LA – Habitat for Humanity St. Tammany West
  • LA – Integrity Homebuyers Association, Inc.
  • LA – Liberty Restoration Community Dev. Center
  • LA- Neighborhood Housing Services of N.O.
  • LA- Bread of Life CDC of LA
  • LA- Magnolia CDC
  • LA- Community Training & Research Institute
  • MO- Lake Area Community Development Corp.
  • ND- Helping Hands Now
  • NE – High Plains Community Dev. Corp. Inc.
  • OK – LIFT Community Action Agency, Inc.
  • SD- James Valley Housing, Inc.
  • SD- Helping Hands Now
  • TX – Helping Hands Team
  • TX- T.U.F.F. Kids