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By:Savardekar
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USDA loans are specialized mortgages designed for homebuyers with low to moderate incomes.
The United States Department of Agriculture is securing these loans.
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This guarantee serves as a form of insurance for USDA lenders, enabling them to provide zero-down mortgages and below-market interest rates.
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This program is run by the USDA to promote homeownership for low-income families and rural economic growth.
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Your eligibility for a USDA home loan is also influenced by your credit score.
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