By: CiCi Elder

CiCi Elder — Mon, 09 Nov 2009 18:30:59 +0000

Rural Development Loans are low downpayment, low interest loans which can be used to buy homes only in designated rural areas. The best place to start if you’re interested is the USDA’s Rural Development site, which has information available by state: http://www.rurdev.usda.gov/
The direct link to determine eligibility of a particular property or borrower is:
http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do
References :
A Realtor

By: ogrendle

ogrendle — Mon, 09 Nov 2009 17:41:59 +0000

There are so many that it would take a lot of space here. Have your bank or Real Estate Agent put you in touch with your local representative. They also have Seminars fairly regularly. Also look intro your state Housing Authority. They have great programs too. I am a great fan of both.
References :
An Agent

Comments on: Can you tell me about Rural Development loans?

By: CiCi Elder

By: ogrendle