difference between direct and guaranteed rural development loan
Re: Difference between the two USDA programs. â11-20-2008 03:19 PM. The lender for guaranteed loans is a private savings and loan institution, bank, or mortgage company which also handles all the loan servicing.The lender and servicer forthe direct program is USDA RD. Income levels for guaranteed borrowers are capped at 115 percent of the area median income.e: Difference between the two USDA programs. â11-20-2008 03:19 PM. The lender for guaranteed loans is a private savings and loan institution, bank, or mortgage company which also handles all the loan servicing.