FinancingGovernment LoansMEDIUM
USDA Rural Development loans in North Dakota:
Correct Answer
B) No down payment for eligible rural area homes
USDA offers 100% financing in eligible rural areas. Many North Dakota areas qualify due to the state's rural character.
Answer Options
A
Only for farmsB
No down payment for eligible rural area homesC
Only veteransD
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Related Topics & Key Terms
Related Topics:
rural-eligibilityincome-limitsUSDA-guarantee-feeVA-loans
Key Terms:
USDAruralno down paymentincome limitsNorth DakotaSection 502
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