What is a Maine USDA RD | Rural Development Loan and who is eligible?
USDA Home Loans are one of the last true zero-money-down options left available for homebuyers. Through the USDA Loan, homebuyers have access to leniently eligibility requirements, low rates and 100% financing. This is due to the loan being guaranteed by the United States Department of Agriculture. The USDA Loan is also known as the USDA Rural Development Guaranteed Housing Loan or Section 502 Loan — the focal point being suburban and rural homebuyers. Please don’t hesitate to contact us for more information!