• A USDA loan is also known as a rural development loan

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• This loan options is great for buying a home located in a rural area

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• USDA is a Government backed loan

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• USDA loans have similar guidelines to FHA loans

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• 0% down is an option with USDA

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• Monthly Mortgage Insurance is required until 20% equity is gained

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• USDA loans can only be used for a primary residence

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• The variety of term options are limited, compared to a conventional platform