Greetings, Could a rural development loan be authorized for purchasing five acres and constructing a house on the property.

That is called a construction loan.. and Yes.. USDA does allow them, but the difficult part is finding a lender who does them.. and 99.99% of the lenders out there do not.. I'm a preferred Lender with California and Arizona being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893