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Little-known program offers loans to rural home buyers – USDA Rural Development

February 22, 2009/

The USDA-backed mortgage is one of the few no-down-payment programs offered since private lenders tightened standards in the wake of the financial meltdown last fall.

The program gives borrowers a two-year moratorium on payments if breadwinners lose their jobs.

USDA Rural Development http://www.rurdev.usda.gov/

By Dawn House

The Salt Lake Tribune

Full Story: http://www.sltrib.com/business/ci_11751037

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