Finance
A Texas homebuyer applies for a USDA Rural Development Guaranteed Home Loan. This loan program is designed for:
AMilitary veterans only
BLow-to-moderate income buyers purchasing in eligible rural and suburban areas✓ Correct
CBuyers of farms and ranches only
DFirst-time buyers in all areas of Texas
Explanation
USDA Rural Development Guaranteed Home Loans are available to eligible low-to-moderate income borrowers purchasing homes in USDA-designated rural and suburban areas. Key benefits include no down payment requirement and competitive interest rates. Eligibility is based on income limits and property location.
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