Finance
In Missouri, USDA Rural Development loans are designed to:
AFinance only agricultural land and equipment
BHelp low-to-moderate income borrowers purchase homes in eligible rural areas✓ Correct
CRefinance existing FHA loans in urban areas
DProvide commercial real estate loans to Missouri businesses
Explanation
USDA Rural Development loan programs assist eligible low-to-moderate income borrowers in purchasing homes in designated rural areas with no down payment and favorable terms.
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