ABOUT

A USDA mortgage loan ‘Rural Development Loan’ is a home loan backed by the United States Department of Agriculture. The main goal of a ‘Rural Development Loan’ is to help smaller, rural communities thrive by making property in those areas more affordable.   

Essentially, a USDA loan ‘Rural Development Loan’ is an affordable mortgage option for buying a home in a qualifying rural or suburban area.  

 The USDA Rural Development Loan program was put in place to improve the quality of life in rural America and boost local economies. Originally enacted by Section 502 of the Housing Act of 1949 to help American farmers, the USDA Rural Development Guaranteed Housing Loan Program has been amended over time and has been helping both American homebuyers and communities for over 70 years.