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USDA Home Loan Basics. USDA guaranteed loans help fund rural development across the country. In addition to the following brief overview, we also publish a more in-depth guide to USDA loans which highlights their range of loan and grant programs. The following briefly covers the section 502 loan guarantee program.

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With mortgage delinquencies continuing. year increases were in Panama City, Florida and Albany, Georgia at 2.0 percent and 0.9 percent respectively. Both received significant damage from Hurricane.