Officially known as the Section 502 Single Family Housing Guaranteed Loan Program, the USDA loan is a zero down payment mortgage option available to homebuyers in the United States who wish to purchase in a qualified rural or suburban area.
The USDA loan's purpose is to provide affordable homeownership opportunities to low-to-moderate income households to stimulate economic growth in rural and suburban communities throughout the United States. These rural development loans are available in approximately 97% of the nation's land mass, which includes over 100 million people.
Through this online course, you will obtain a complete understanding of this mortgage product and how to effectively utilize it.
Course Instructor: Bart Bartholomew