Similarly, the lower quartile divides the bottom half of the data into two halves, and the upper quartile also divides the upper half of the data into two halves. Lower quartile is the (n + 1) Ã· 4 th value.
The United States Department of Agriculture (USDA) home loan guarantee promises 100% financing to home buyers with limited financial options in USDA designated rural areas â including eligible small towns, suburbs and exurbs.
Income is the key difference. USDA Direct Loan â Not as common as the Guaranteed USDA Rural Home Loan. The main reason is that they carry very strict income limitations for qualifying applicants.You must have a very low income (80% of the area median household income) in order to qualify.n most cases, the USDA Rural Home Loan is the least expensive loan to obtain and to maintain. Key differences â. USDA Guaranteed Home Loan â This is the most popular option. It allows prospective home buyers to purchase in a rural designated area and has a higher income limitation than the USDA Direct loan.