5 Questions
What is the USDA Home Loan program also known as?
USDA Rural Development Guaranteed Housing Loan Program
Who offers the USDA Home Loan?
United States Department of Agriculture, Rural Development
What is the income limit for a USDA Guaranteed Loan?
Up to 115% of the median income for the area
What is a requirement for the location of the property for a USDA Home Loan?
Must be located within the USDA RD Home Loan 'footprint'
What does the USDA Home Loan offer to qualified buyers?
100% financing
Test your knowledge on USDA Home Loans and the different types of loans available. Discover if you're familiar with the Guaranteed Loan option and its income requirements. Learn more about the USDA loan program and its benefits for rural property owners.
Make Your Own Quizzes and Flashcards
Convert your notes into interactive study material.
Get started for free