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In this video tutorial, Nicole Narc, an Arkansas real estate broker, discusses the differences between the USDA direct and guaranteed loan programs. She provides insight into the funding sources for each program, highlighting that the direct program involves receiving funding directly from the USDA agency, whereas the guaranteed program involves working with a lender. She identifies key differences between the two programs based on her experience working with clients who have used them, aiming to help viewers decide which route to take for securing the loan that best fits their needs.