Zero-down mortgages, only if you're poor! What could go wrong?

[James Free]

https://www.cnbc.com/2020/07/23/heres-what-to-know-about-the-usdas-loan-program-for-some-borrowers.html

This isn't the first time USDA loans have appeared on these forums, but they're rarely talked about, so I thought this article was worth sharing. These loans are a potential way to get started in REI, but by and large, their "low-income only, and if you have savings, you can't get approved" nature screams "2008 all over again".