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enot [183]
3 years ago
13

Rural economic and community development (recd) loans may be

Social Studies
2 answers:
pishuonlain [190]3 years ago
7 0

Rural economic and community development is a federal lender with the U.S. Department of Agriculture that makes loans for home purchases or construction in rural areas and small communities outside metropolitan areas.

RECD loans may be either made directly by RECD or made by a private lender with RECD guaranteeing a certain percentage.

Kruka [31]3 years ago
7 0

Rural economic and community development (RECD) loans may be either made directly by RECD or made by a private lender.

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