Finance
Nebraska USDA Rural Development Direct loans differ from USDA Guaranteed loans in that Direct loans:
AAre made by private lenders with USDA guarantees
BAre made directly by USDA to low-income rural borrowers, often with payment assistance✓ Correct
CRequire the same income limits as FHA loans
DAre only available for agricultural land purchases
Explanation
USDA Direct loans are made by USDA directly to low-income rural borrowers and may include payment subsidies. USDA Guaranteed loans are made by private lenders with USDA guaranteeing the loan against default.
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