USDA loans are offered by USDA, and they allow you to purchase, refinance, renovate, repair or even relocate a home. This program began in 1991. Eligibility may be restricted to rural areas. “Rural” is defined very loosely—but USDA loans are still great because they’re extremely accommodating to low-income borrowers. The biggest benefit is the zero down payment option.
If you would like to learn more about this loan, click here.
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