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Are You an Expert on USDA Home Loans?

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Questions and Answers

What is the USDA Home Loan program also known as?

USDA Agricultural Development Guaranteed Housing Loan Program

USDA Urban Development Guaranteed Housing Loan Program

USDA Suburban Development Guaranteed Housing Loan Program

USDA Rural Development Guaranteed Housing Loan Program (correct)

Who offers the USDA Home Loan?

United States Department of Agriculture, Urban Development

United States Department of Agriculture, Suburban Development

United States Department of Agriculture, Rural Development (correct)

United States Department of Agriculture, Agricultural Development

What is the income limit for a USDA Guaranteed Loan?

Up to 115% of the median income for the area (correct)

Up to 100% of the median income for the area

Up to 125% of the median income for the area

Up to 105% of the median income for the area

What is a requirement for the location of the property for a USDA Home Loan?

<p>Must be located within the USDA RD Home Loan 'footprint'</p> Signup and view all the answers

What does the USDA Home Loan offer to qualified buyers?

<p>100% financing</p> Signup and view all the answers

Are You an Expert on USDA Home Loans?

Choose a study mode

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Questions and Answers

What is the USDA Home Loan program also known as?

Who offers the USDA Home Loan?

What is the income limit for a USDA Guaranteed Loan?

What is a requirement for the location of the property for a USDA Home Loan?

What does the USDA Home Loan offer to qualified buyers?

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