– The USDA loan program is designed to provide low-to-moderate income families the opportunity to purchase a home in rural and suburban areas.
– With the USDA direct loan, the USDA acts as the lender. Conversely, with the guaranteed loan program, private lenders fund the loan while the USDA backs.
USDA Housing Administrator Spreads the Word about Homeownership Opportunities – Ms. Treviño congratulated homeowners Corey and Kaitlin Hamilton, who were married on May 11. Using USDA’s Single Family Housing Direct loan program to purchase the home, this couple in their early 20s.