Finance
Which of the following is a characteristic of a USDA Rural Development guaranteed loan in Mississippi?
ARequires a 20% down payment
BAvailable only to veterans
CCan be used for eligible rural and suburban properties with no down payment required✓ Correct
DIs only available through the USDA directly
Explanation
USDA Rural Development guaranteed loans require no down payment and are available for eligible rural and suburban properties in qualifying areas. They are originated through approved private lenders.
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