Home Buying in Tishomingo>Question Details

Tazz123, Home Buyer in Tishomingo, OK

Ask a question...what does rd loan mean?

Asked by Tazz123, Tishomingo, OK Wed Apr 18, 2012

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John and Andi have provided good answers to this question.
1 vote Thank Flag Link Wed Apr 18, 2012
RD Loans are Rural Development Loans. These loans are guaranteed by the USDA. They can go up to 100% of the purchase price, but you have to qualify based on location and are subject to median income qualification.
Here is their website for more info:
http://rdhomeloans.usda.gov/
1 vote Thank Flag Link Wed Apr 18, 2012
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