Last reviewed 10-31-2026Short-Sale.com Editorialglossary

Rural Development (RD)

Fannie Mae

Updated 10-31-2026

Rural Development (RD)

A government agency within the U.S. Department of Agriculture (USDA) that makes direct loans and guarantees mortgages secured by residential properties located in rural areas, concentrating on borrowers who meet income eligibility requirements. Formerly the Rural Housing Service (RHS).

Fannie Mae Glossary of Terms

Fannie Mae · p. 43

Need help?

Ask more questions about Rural Development (RD) in Help. You'll get answers for your situation.