Zillow Advice: Mortgage Types - what is an recd mortgage and what is needed to quailify? http://www.zillow.com/advice-thread/what-is-an-recd-mortgage-and-what-is-needed-to-quailify/221758/ Zillow Advice | Zillow Real Estate This is a Rural Economical ... http://www.zillow.com/advice-thread/what-is-an-recd-mortgage-and-what-is-needed-to-quailify/221758/ This is a Rural Economical & Community Development Loan, also known as USDA.  You have to meet certain credit score and debt to income ratio criteria.  The city of residence must also have a population under 20K. Mon, 19 Aug 2013 17:08:00 GMT http://www.zillow.com/advice-thread/what-is-an-recd-mortgage-and-what-is-needed-to-quailify/221758/ 2013-08-19T17:08:00Z