When you say Ruarl development...do you mean a house or a community development?

RD loans just have to qualify as a rural living area.

Most everywhere around here in Palmer, Wasilla, Big Lake etc qualify as rural areas because they do not meet the large city requirements.

Neat loan program actually!

I recently worked with a buyer who used this loan. Their credit was not in great shape and other banks had turned them down. However, after getting into the approval process I was informed that the USDA computer system was not working. So instead of closing on time we had to delay closing almost a week past our original 28 day timeline. This caused a lot of stress to my buyer and me. I never really got a straight answer about the cause of this delay. I hope that the United States government can work out the kinks in their computer system before too many more people get delayed like us.

I thought I would share this link as well... not to step on your toes though Christina :-)

http://www.rurdev.usda.gov/