![Rural Development](https://e7sy3ivs3k5.exactdn.com/wp-content/uploads/2020/05/rural_icon.png?strip=all&lossy=1&resize=108%2C108&ssl=1)
As long as certain requirements are met, a rural development loan can assist anyone residing in a designated rural community. These loans can be used to provide low mortgage rates for families with moderate income and/or those with limited credit history, renters or first-time homebuyers.