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USDA loans are low-interest mortgages with no down payment intended for low-income Americans who do not have good enough credit to qualify for standard mortgages. A USDA loan must be used to purchase a property in a defined region that includes both rural and suburban areas. We’ll go over everything you need to know about USDA loans and how to get one. Consider hiring a financial counselor in your region if you want hands-on help with USDA loans.
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