USDA Loan Eligibility

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USDA Loan Eligibility

Beskrivelse:
Eligibility is based on the property size, location and condition along with income and other qualifying factors. Some of these requirements include:

Property must be located in a USDA designated rural area
Maximum loan limits vary based on location
Household members can have a total income of up to 115% of the medial income for the area
Household must be able to afford the mortgage payment, including property taxes, homeowners insurance and the annual guarantee fee payable on a monthly basis
If you are interested in a usda Rural Development home loan, please locate your loan originator.

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