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Updated over 9 years ago on . Most recent reply

User Stats

8
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6
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Anthony Jordan
  • Lebanon, TN
6
Votes |
8
Posts

USDA Rural development loan?

Anthony Jordan
  • Lebanon, TN
Posted

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

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