Finance
A USDA Rural Development loan is best described as:
AA loan available only to farmers purchasing agricultural land
BA zero-down-payment loan available to eligible borrowers in eligible rural areas✓ Correct
CA loan for the purchase of government-owned property only
DA loan that requires a 10% down payment
Explanation
USDA Rural Development loans (Section 502) provide 100% financing (no down payment) to eligible buyers purchasing in designated rural areas. Income limits apply.
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