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Updated about 9 years ago,
USDA Rural development loan?
Hey bigger pockets members,
I was hoping to get your insight on the USDA rural development loan. I am looking to buy my first house/investment in the next six months or so after I build up my credit. One of my current agents told me to look into this loan type. It is my understanding that it is a zero down loan. Due to the fact that I'm about to have my first child and paying for my last semester of school, this sounds quite appealing. Can a few members share the pros and cons of this loan type versus other loans and what experiences each of you have had in using them.
Thanks