Finance
A Florida buyer qualifies for a USDA Rural Development loan. These loans are available for properties that are:
AOnly farmland and agricultural properties
BLocated in eligible rural and suburban areas as defined by USDA, with no down payment required for qualified borrowers✓ Correct
COnly in counties with populations under 10,000
DOnly for buyers who are employed in agriculture
Explanation
USDA Rural Development loans are available for properties in eligible rural and some suburban areas (as defined by USDA maps) and require no down payment for qualified borrowers, making them attractive for buyers outside major urban areas.
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