The USDA determines what "rural" means, and that varies widely by state. But if you're eligible, you can qualify for lower monthly payments and you don't need money for a down payment. You'll also spend less time in traffic driving to the closing.
|Terms||30 years, fixed rate|
|Credit Score||640 minimum|
|Maximum Loan Limit||Yes, varies by county|
|*Up-Front Guarantee Fee financed into the loan.|
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