The interquartile range is often used to find outliers in data. Outliers are observations that fall below Q1 - 1.5(IQR) or above Q3 + 1.5(IQR).
It isn't. No money down, better rates than an FHA loan, and the ability to finance closing costs. It may sound too good to be true, but in fact itâs a U.S. Department of Agriculture guaranteed rural development loan, and now is your best chance to get one. Before we get into the details, a bit of background.
While the term rural can certainly cover all of these situations, it doesn't exactly cover the zero-down payment mortgage loan option USDA Rural Development. Watch the short video below for a little more information. See the embedded video here-Rural Development: Not What You Think With the USDA Rural Development option, you can borrow 100% of the appraised value. This means you don't need to come up with the down payment.