Section 502 direct loans from the federal Rural Housing Service are not as well-known as Sec. 502 guaranteed loans, but for lower-income home buyers in rural areas the loans could make home ownership possible. The loans go to households earning as low as 50 percent of the area median income. In the following video, from the REALTOR Magazine YouTube Channel, NAR Government Affairs sits down with the director of the program to learn about how the program works.