USDA Guaranteed Rural Housing Loans (Section 502)
conventional mortgage credit.www.ruralhome.org Terms Loans must be from lending institutions that have been approved by RD. Loans have 30-year terms and fixed market-level interest rates. Loans may be for up to 100 percent of market value or for acquisition cost, whichever is less. The maximum loan amount is based on what the homeowner can afford. ................
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