Finance
Which of the following loan types is specifically designed for the purchase of manufactured homes and rural properties?
AFHA 203(k) loan
BVA loan
CUSDA Section 502 loan✓ Correct
DJumbo loan
Explanation
The USDA Section 502 Guaranteed Loan Program is specifically designed to assist low-to-moderate income buyers in eligible rural and suburban areas, and may be used for manufactured homes and rural properties.
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