Northwest Regional Housing Authority
114 Sisco Ave
|
PO Box 2568
|
Harrison, AR 72602
Main Office
|
Annex Office
|
Fax
|
Monday - Friday 8AM - 4PM
Main Office
|
Annex Office
|

Intermediary Loan Review

NWRHA Provides Intermediary Review for USDA Section 502 Loans


Northwest Regional Housing Authority is one of nine nonprofits across the United States selected to assist the U.S. Department of Agriculture's (USDA) Rural Housing Service as an intermediary, overseeing the low-income housing loan application processing in Arkansas and Puerto Rico.


USDA Section 502 loans allow very low/low-income applicants to purchase homes in eligible rural areas. The USDA requires these loan applications to be submitted for consideration through an intermediary unless they meet opt-out requirements.


As an intermediary, NWRHA reviews loan packages for quality assurance and provides supplemental training to improve the quality of loan applications. NWRHA works with 501(c)3 non-profit agencies to ensure a complete loan package is submitted for approval, including providing a USDA approved checklist, and assisting with any issues encountered during the process. NWRHA provides assistance in completing the required documentation for the Section 502 loan program, which differs based on each applicant's situation.
 
For more information on the Section 502 Single Family Housing direct loan program or NWRHA intermediary services, please contact:
 
Ana Castro-Beard
Intermediary/502 Loan Packager
317 Industrial Park Road
Harrison, AR 72601
Phone: 870.743.6779
 
Becky Richardson
317 Industrial Park Rd.
Harrison, AR 72601
Phone: 870.743.6779
APPLICATIONS
We provide housing without discrimination on the basis of race, color, religion, sex, physical or mental handicap, familial status, national origin, or other protected class. To file a complaint of discrimination, write USDA Director, Office of Civil Rights, Room 326W, Whitten Building, 1400 Independence Ave. SW, Washington, D.C. 20250-9410 or call Customer Service at 202-260-1026 (Voice), 1-866-632-9992 (Toll Free), 1-800-877-8339 and 1-866-337-8642 (TDD or Local Relay and Federal Relay Service). USDA is an equal opportunity provider and employer. In accordance with federal law and United States Department of Agriculture (USDA) policy, this institution is prohibited from discriminating on the basis of race, color, national origin, age, disability, sex or familial status. To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue SW, Washington, D.C. 20250-9410, or call (800) 795-3272 (voice) or (202) 720-6382 (TDD).
Go To Top Link