Finance
USDA Rural Development loans are designed to assist buyers in:
AAny geographic area of the United States
BMajor metropolitan areas with high housing costs
CEligible rural and suburban areas, with no down payment requirement✓ Correct
DOnly properties listed on the National Register of Historic Places
Explanation
USDA Rural Development loans offer 100% financing (no down payment) to eligible buyers purchasing in USDA-designated rural and some suburban areas. Buyers must meet income limits and the property must meet USDA property eligibility requirements.
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