Finance
A USDA Rural Development loan is designed to assist:
AFarmers purchasing agricultural equipment
BLow-to-moderate income buyers purchasing in eligible rural areas✓ Correct
CVeterans purchasing homes anywhere in the country
DFirst-time buyers in any location with 5% down
Explanation
USDA Rural Development loans are designed for low-to-moderate income buyers purchasing homes in eligible rural and suburban areas. They offer 100% financing (no down payment) to qualified borrowers.
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