Finance
In South Carolina, a USDA Rural Development loan is designed for:
ALarge agricultural operations
BLow-to-moderate income buyers purchasing in eligible rural and suburban areas with no down payment✓ Correct
CUrban redevelopment projects
DCommercial farming operations
Explanation
USDA Rural Development (Section 502) loans offer 100% financing to income-eligible buyers in USDA-designated rural and suburban areas. South Carolina has many eligible areas beyond its major urban centers.
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