Loan and Mortgage Packaging
CASEWV is now packaging USDA Rural Development 502 Direct Mortgage loans and 504 Home Repair loans and grants. As a loan packager, CASEWV collects all the necessary documentation to be considered for the specific loan product and submits it to the Rural Development office or Packager Intermediary. By working with CASEWV, instead of directly with the local Rural Development office, you’ll be provided with a more hands on experience. CASEWV can help you understand the complex requirements and processes necessary in becoming a homeowner or obtaining funds to make repairs to the home you own.
o 502 Direct Mortgage loans are available to income eligible families and individuals who also meet the credit and current housing requirements.
o 504 Home repair loans are available to income and credit eligible homeowners. There is no age limit to apply for home repair funds. If you’re a homeowner who’s 62 or older, you may also apply for grant funds to make home repairs. In most cases there will always be a minimum $1000 loan. This loan usually does not require a lien on the property, however, if the need for repairs is extensive and costly, a lien may be required.
At this time, the Housing Program is not packaging loan applications for Home Mortgage and Home Repair Programs. If you’re in need of home repair, or interested in buying a home, please contact the the local USDA Rural Development office at 681-220-5766.
Rental Property
CASEWV has affordable rental property in Bluefield and Princeton.
The Alice Kennedy Center is a high rise building in downtown Bluefield which consists of 2 bedroom units, with water, sewer, and garbage collection included in rent.
WestBridge Gardens is located on Highland Ave., Bluefield and consists of four 2-bedroom units and five 3-bedroom units. Only garbage collection is included in the rent.
Austin St. is located in Princeton and consists of four 3-bedroom units. Only garbage collection is included in the rent.
South Ave. is also located in Princeton and consists of two 2-bedroom fully handicapped/wheelchair accessible units. Only garbage collection is included in the rent. .
Rental Housing Eligibility Requirements
o Must meet minimum and maximum income requirements. Income limits vary, depending on location.
o Have acceptable rent references
o Must be able to pass a criminal background check
o Some units are handicap accessible
o Please call for additional requirements call 304-323-1153 or 304-888-1668
Want more rental information?
Request an application below.