By Ethan Nobles on 2:24 AM
Filed Under: TheNaturalStateHawg
U.S. Sen. Blanche Lincoln (D-Ark.) sent out a news release the other day stating that $700 million in mortgage guarantees is on its way to the United States Department of Agriculture's Rural Development program.
Big deal here in the natural state? You'd better believe it. Rural Development loans are available all over the state through private lenders and exist as one of he few "zero down" mortgage programs available. To say that program has helped boost housing markets here in the Natural State is an understatement.
You can read about Lincoln's announcement here.