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U.S. USDA Form usda-rd-402-1 Form RD 402-1 (Rev. 6-02) UNITED STATES DEPARTMENT OF AGRICULTURE FORM APPROVED OMB NO. 0575-0158 RURAL DEVELOPMENT FARM SERVICE AGENCY DEPOSIT AGREEMENT NAMES OF DEPOSITORS

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How to fill out us usda form usda-rd-402-1

How to Fill Out USDA Form USDA-RD-402-1:

01

Start by carefully reading the instructions provided on the form. Ensure that you understand the purpose of the form and the information required to complete it.

02

Gather all the necessary documents and information before starting to fill out the form. This may include personal identification details, income verification, and property information, depending on the purpose of the form.

03

Begin by entering your personal information accurately. This typically includes your full name, address, contact information, and social security number.

04

If applicable, provide information about your household members or dependents. Include their names, ages, and relationship to you.

05

Continue by entering your income details. This may include information about your employment, self-employment, retirement benefits, or any other sources of income. Be sure to provide accurate and complete information.

06

If the form requires property information, such as for a loan application or eligibility determination, accurately provide the details about the property. This may include the address, value, and any existing loans or mortgages on the property.

07

Review the completed form for any errors or missing information. Make sure all required fields are filled out before submitting it.

08

Sign and date the form in the designated areas. Ensure that your signature matches the one provided on other official documents.

09

Make a copy of the completed form for your records before submitting it. This way, you have a reference in case any issues arise in the future.

Who Needs USDA Form USDA-RD-402-1?

01

Individuals applying for rural development loans from the United States Department of Agriculture (USDA) may need to fill out USDA Form USDA-RD-402-1. This form is commonly used to determine eligibility for various rural housing programs.

02

Homebuyers looking to secure a loan through programs like the Single Family Housing Direct Loan Program, Single Family Housing Repair Loans & Grants Program, or the Rural Energy for America Program (REAP) may need to complete this form.

03

Existing homeowners who are seeking to refinance their USDA loans or modify their mortgage terms may also be required to fill out the USDA Form USDA-RD-402-1.

04

Additionally, individuals seeking to participate in other USDA rural development programs or initiatives may need to complete this form, as requirements may vary depending on the specific program.

It is always advisable to consult with USDA officials or authorized representatives to confirm whether you specifically need to fill out the USDA Form USDA-RD-402-1 for your particular situation.

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