Finance
In Montana, a borrower seeking a rural home loan might benefit from a USDA Rural Development (Section 502) loan because it offers:
AOnly commercial property financing
BUp to 100% financing (no down payment) for eligible rural properties and moderate-income borrowers✓ Correct
CLoans only for agricultural operations
DGovernment-guaranteed rates below prime
Explanation
USDA Rural Development Section 502 loans provide up to 100% financing for eligible rural homes and moderate-income borrowers. Many Montana properties in small towns and rural areas qualify, offering an important financing option for buyers who lack substantial down payment funds.
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