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Arizona USDA Direct Loan Income Limits – Low Income Loans

By Spencer Llewellyn at 12:41 am on January 5, 2023

USDA Direct Loan Income Limits in Arizona

The Section 502 Direct Loan Program, also known as USDA Direct Loans, is a program that aids low and very-low-income individuals purchase decent healthy, safe and clean housing in eligible rural areas. That’s accomplished though offering payment assistance which boosts a borrower’s capacity to repay. This payment assistance can be described as a form of subsidy that lowers the mortgage repayment for a brief period, and the amount of assistance is contingent upon the adjusted family income. USDA Section 502 Direct Loans in Arizona aren’t the same thing as USDA Section 502 Guaranteed Loans in Arizona. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Arizona?

USDA Direct Loans in Arizona are low income loans that can be used to purchase homes in rural areas. To qualify for Direct Loans, applicants must have low or very low income, which is defined by the USDA as 50% to 80% of the Area Median Income (AMI). Like other rural housing loan programs, USDA Direct Loans are a mortgage with no down payment. The median income for the entire state of AZ is $58,945, although that figure may vary from county to county. The maximum yearly income limits for Arizona USDA Direct Loan approval are listed below. Other than meeting Arizona USDA Direct Loan income limits, applicants must adhere to the following criteria to be eligible:

You have no decent clean, safe, and sanitary housing presently.
You can’t be able to get a mortgage from another source with terms and conditions that could reasonably expected to be met.
You must use this property for your primary residence.
You must possess the legal capacity to be able to contract a loan
You must meet citizenship or eligible noncitizen requirements.
You can’t be barred or suspended from participation in federal programs.

Additionally, the subject property must meet the following conditions:

Be a modestly sized home for that area.
Market value can’t be in excess of the areas applicable loan limit.
Can’t be designed for the production of income.

What areas in AZ are eligible for USDA Direct Loans?

The property in question must be in an approved rural area. USDA Rural Development provides a webpage where you can search specific addresses in AZ here.

How much can I borrow with a USDA Direct Home Loan?

The size of the mortgage that an applicant’s eligible for depends on their ability to repay. Rural Development takes into account income, assets, debt, and payment assistance when weighing eligibility for USDA Direct home loans. No matter what the repayment ability is, you can’t borrow more than the local loan limit for the county where the home is located.

Are there other mortgage options with low down payment or no down payment in Arizona?

Yes, there may be other low down payment mortgage options, and no down payment mortgage options in Arizona besides USDA Direct Loans. You can begin by researching Arizona USDA Guaranteed Loans, Arizona FHA Loans, and Arizona VA Loans if you’re a veteran in AZ or qualified family member. You may also want to look into helpful programs for down payment assistance in Arizona.

Arizona USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Apache County, AZ	$39,600	$39,600	$39,600	$39,600	$52,250
Flagstaff, AZ MSA	$61,100	$61,100	$61,100	$61,100	$80,650
Gila County, AZ	$41,450	$41,450	$41,450	$41,450	$54,700
Graham County, AZ	$49,050	$49,050	$49,050	$49,050	$64,750
Greenlee County, AZ	$49,050	$49,050	$49,050	$49,050	$64,750
La Paz County, AZ	$39,600	$39,600	$39,600	$39,600	$52,250
Lake Havasu City-Kingman, AZ MSA	$47,300	$47,300	$47,300	$47,300	$62,450
Navajo County, AZ	$39,750	$39,750	$39,750	$39,750	$52,450
Phoenix-Mesa-Scottsdale, AZ MSA	$58,300	$58,300	$58,300	$58,300	$76,950
Prescott, AZ MSA	$52,900	$52,900	$52,900	$52,900	$69,850
Santa Cruz County, AZ	$39,750	$39,750	$39,750	$39,750	$52,450
Sierra Vista-Douglas, AZ MSA	$46,700	$46,700	$46,700	$46,700	$61,650
Tucson, AZ MSA	$51,100	$51,100	$51,100	$51,100	$67,450
Yuma, AZ MSA	$40,700	$40,700	$40,700	$40,700	$53,700

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
All USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA Loan Calculator

More USDA Direct Loan Limits

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California USDA Direct Loan Income Limits – Low Income Loans

By Spencer Llewellyn at 12:41 am on January 5, 2023

USDA Direct Loan Income Limits in California

The Section 502 Direct Loan Program, also known as USDA Direct Loans, is a program that aids low and very-low-income individuals purchase decent healthy, safe and clean housing in eligible rural areas. That’s accomplished though offering payment assistance which boosts a borrower’s capacity to repay. This payment assistance can be described as a form of subsidy that lowers the mortgage repayment for a brief period, and the amount of assistance is contingent upon the adjusted family income. USDA Section 502 Direct Loans in California aren’t the same thing as USDA Section 502 Guaranteed Loans in California. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in California?

USDA Direct Loans in California are low income loans that can be used to purchase homes in rural areas. To qualify for Direct Loans, applicants must have low or very low income, which is defined by the USDA as 50% to 80% of the Area Median Income (AMI). Like other rural housing loan programs, USDA Direct Loans are a mortgage with no down payment. The median income for the entire state of CA is $75,235, although that figure may vary from county to county. The maximum yearly income limits for California USDA Direct Loan approval are listed below. Other than meeting California USDA Direct Loan income limits, applicants must adhere to the following criteria to be eligible:

You have no decent clean, safe, and sanitary housing presently.
You can’t be able to get a mortgage from another source with terms and conditions that could reasonably expected to be met.
You must use this property for your primary residence.
You must possess the legal capacity to be able to contract a loan
You must meet citizenship or eligible noncitizen requirements.
You can’t be barred or suspended from participation in federal programs.

Additionally, the subject property must meet the following conditions:

Be a modestly sized home for that area.
Market value can’t be in excess of the areas applicable loan limit.
Can’t be designed for the production of income.

What areas in CA are eligible for USDA Direct Loans?

The property in question must be in an approved rural area. USDA Rural Development provides a webpage where you can search specific addresses in CA here.

How much can I borrow with a USDA Direct Home Loan?

Are there other mortgage options with low down payment or no down payment in California?

Yes, there may be other low down payment mortgage options, and no down payment mortgage options in California besides USDA Direct Loans. You can begin by researching California USDA Guaranteed Loans, California FHA Loans, and California VA Loans if you’re a veteran in CA or qualified family member. You may also want to look into helpful programs for down payment assistance in California.

California USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Alpine County, CA	$69,100	$69,100	$69,100	$69,100	$91,200
Amador County, CA	$58,900	$58,900	$58,900	$58,900	$77,750
Bakersfield, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Calaveras County, CA	$60,250	$60,250	$60,250	$60,250	$79,550
Chico, CA MSA	$53,200	$53,200	$53,200	$53,200	$70,200
Colusa County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Del Norte County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
El Centro, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Fresno, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Glenn County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Hanford-Corcoran, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Humboldt County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Inyo County, CA	$58,150	$58,150	$58,150	$58,150	$76,750
Lake County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Lassen County, CA	$55,500	$55,500	$55,500	$55,500	$73,250
Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area	$83,500	$83,500	$83,500	$83,500	$110,200
Madera, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Mariposa County, CA	$52,400	$52,400	$52,400	$52,400	$69,150
Mendocino County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Merced, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Modesto, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Modoc County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Mono County, CA	$64,950	$64,950	$64,950	$64,950	$85,750
Napa, CA MSA	$79,500	$79,500	$79,500	$79,500	$104,950
Nevada County, CA	$63,750	$63,750	$63,750	$63,750	$84,150
Oakland-Fremont, CA HUD Metro FMR Area	$108,550	$108,550	$108,550	$108,550	$143,300
Oxnard-Thousand Oaks-Ventura, CA MSA	$83,700	$83,700	$83,700	$83,700	$110,500
Plumas County, CA	$55,700	$55,700	$55,700	$55,700	$73,500
Redding, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Riverside-San Bernardino-Ontario, CA MSA	$57,450	$57,450	$57,450	$57,450	$75,850
Sacramento--Roseville--Arden-Arcade, CA HUD Metro FMR Area	$66,900	$66,900	$66,900	$66,900	$88,300
Salinas, CA MSA	$71,850	$71,850	$71,850	$71,850	$94,850
San Benito County, CA HUD Metro FMR Area	$81,600	$81,600	$81,600	$81,600	$107,700
San Diego-Carlsbad, CA MSA	$90,900	$90,900	$90,900	$90,900	$120,000
San Francisco, CA HUD Metro FMR Area	$147,850	$147,850	$147,850	$147,850	$195,150
San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area	$132,400	$132,400	$132,400	$132,400	$174,750
San Luis Obispo-Paso Robles-Arroyo Grande, CA MSA	$71,900	$71,900	$71,900	$71,900	$94,900
Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area	$94,950	$94,950	$94,950	$94,950	$125,350
Santa Cruz-Watsonville, CA MSA	$113,750	$113,750	$113,750	$113,750	$150,150
Santa Maria-Santa Barbara, CA MSA	$90,950	$90,950	$90,950	$90,950	$120,050
Santa Rosa, CA MSA	$88,000	$88,000	$88,000	$88,000	$116,150
Sierra County, CA	$60,300	$60,300	$60,300	$60,300	$79,600
Siskiyou County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Stockton-Lodi, CA MSA	$56,000	$56,000	$56,000	$56,000	$73,900
Tehama County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Trinity County, CA	$51,850	$51,850	$51,850	$51,850	$68,450
Tuolumne County, CA	$53,100	$53,100	$53,100	$53,100	$70,100
Vallejo-Fairfield, CA MSA	$68,550	$68,550	$68,550	$68,550	$90,500
Visalia-Porterville, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450
Yolo, CA HUD Metro FMR Area	$70,300	$70,300	$70,300	$70,300	$92,800
Yuba City, CA MSA	$51,850	$51,850	$51,850	$51,850	$68,450

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
All USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA Loan Calculator

More USDA Direct Loan Limits

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Colorado USDA Direct Loan Income Limits – Low Income Loans

By Spencer Llewellyn at 12:41 am on January 5, 2023

USDA Direct Loan Income Limits in Colorado

The Section 502 Direct Loan Program, also known as USDA Direct Loans, is a program that aids low and very-low-income individuals purchase decent healthy, safe and clean housing in eligible rural areas. That’s accomplished though offering payment assistance which boosts a borrower’s capacity to repay. This payment assistance can be described as a form of subsidy that lowers the mortgage repayment for a brief period, and the amount of assistance is contingent upon the adjusted family income. USDA Section 502 Direct Loans in Colorado aren’t the same thing as USDA Section 502 Guaranteed Loans in Colorado. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Colorado?

USDA Direct Loans in Colorado are low income loans that can be used to purchase homes in rural areas. To qualify for Direct Loans, applicants must have low or very low income, which is defined by the USDA as 50% to 80% of the Area Median Income (AMI). Like other rural housing loan programs, USDA Direct Loans are a mortgage with no down payment. The median income for the entire state of CO is $72,331, although that figure may vary from county to county. The maximum yearly income limits for Colorado USDA Direct Loan approval are listed below. Other than meeting Colorado USDA Direct Loan income limits, applicants must adhere to the following criteria to be eligible:

You have no decent clean, safe, and sanitary housing presently.
You can’t be able to get a mortgage from another source with terms and conditions that could reasonably expected to be met.
You must use this property for your primary residence.
You must possess the legal capacity to be able to contract a loan
You must meet citizenship or eligible noncitizen requirements.
You can’t be barred or suspended from participation in federal programs.

Additionally, the subject property must meet the following conditions:

Be a modestly sized home for that area.
Market value can’t be in excess of the areas applicable loan limit.
Can’t be designed for the production of income.

What areas in CO are eligible for USDA Direct Loans?

The property in question must be in an approved rural area. USDA Rural Development provides a webpage where you can search specific addresses in CO here.

How much can I borrow with a USDA Direct Home Loan?

Are there other mortgage options with low down payment or no down payment in Colorado?

Yes, there may be other low down payment mortgage options, and no down payment mortgage options in Colorado besides USDA Direct Loans. You can begin by researching Colorado USDA Guaranteed Loans, Colorado FHA Loans, and Colorado VA Loans if you’re a veteran in CO or qualified family member. You may also want to look into helpful programs for down payment assistance in Colorado.

Colorado USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Alamosa County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Archuleta County, CO	$54,700	$54,700	$54,700	$54,700	$72,200
Baca County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Bent County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Boulder, CO MSA	$75,500	$75,500	$75,500	$75,500	$99,650
Chaffee County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Cheyenne County, CO	$54,700	$54,700	$54,700	$54,700	$72,200
Colorado Springs, CO HUD Metro FMR Area	$65,100	$65,100	$65,100	$65,100	$85,950
Conejos County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Costilla County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Crowley County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Custer County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Delta County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Denver-Aurora-Lakewood, CO MSA	$74,250	$74,250	$74,250	$74,250	$98,000
Dolores County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Eagle County, CO	$75,200	$75,200	$75,200	$75,200	$99,250
Elbert County, CO SEA	$74,250	$74,250	$74,250	$74,250	$98,000
Fort Collins, CO MSA	$69,750	$69,750	$69,750	$69,750	$92,050
Fremont County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Garfield County, CO	$62,900	$62,900	$62,900	$62,900	$83,050
Gilpin County, CO SEA	$74,250	$74,250	$74,250	$74,250	$98,000
Grand County, CO	$62,800	$62,800	$62,800	$62,800	$82,900
Grand Junction, CO MSA	$55,750	$55,750	$55,750	$55,750	$73,600
Greeley, CO MSA	$65,450	$65,450	$65,450	$65,450	$86,400
Gunnison County, CO	$57,600	$57,600	$57,600	$57,600	$76,050
Hinsdale County, CO	$62,400	$62,400	$62,400	$62,400	$82,350
Huerfano County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Jackson County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Kiowa County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Kit Carson County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
La Plata County, CO	$66,100	$66,100	$66,100	$66,100	$87,250
Lake County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Las Animas County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Lincoln County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Logan County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Mineral County, CO	$58,950	$58,950	$58,950	$58,950	$77,800
Moffat County, CO	$58,800	$58,800	$58,800	$58,800	$77,600
Montezuma County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Montrose County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Morgan County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Otero County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Ouray County, CO	$63,450	$63,450	$63,450	$63,450	$83,750
Phillips County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Pitkin County, CO	$80,950	$80,950	$80,950	$80,950	$106,850
Prowers County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Pueblo, CO MSA	$54,500	$54,500	$54,500	$54,500	$71,950
Rio Blanco County, CO	$63,050	$63,050	$63,050	$63,050	$83,250
Rio Grande County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Routt County, CO	$69,350	$69,350	$69,350	$69,350	$91,550
Saguache County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
San Juan County, CO	$56,900	$56,900	$56,900	$56,900	$75,100
San Miguel County, CO	$70,300	$70,300	$70,300	$70,300	$92,800
Sedgwick County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Summit County, CO	$73,700	$73,700	$73,700	$73,700	$97,300
Teller County, CO HUD Metro FMR Area	$64,550	$64,550	$64,550	$64,550	$85,200
Washington County, CO	$54,500	$54,500	$54,500	$54,500	$71,950
Yuma County, CO	$54,500	$54,500	$54,500	$54,500	$71,950

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
All USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA Loan Calculator

More USDA Direct Loan Limits

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Connecticut USDA Direct Loan Income Limits – Low Income Loans

By Spencer Llewellyn at 12:41 am on January 5, 2023

USDA Direct Loan Income Limits in Connecticut

The Section 502 Direct Loan Program, also known as USDA Direct Loans, is a program that aids low and very-low-income individuals purchase decent healthy, safe and clean housing in eligible rural areas. That’s accomplished though offering payment assistance which boosts a borrower’s capacity to repay. This payment assistance can be described as a form of subsidy that lowers the mortgage repayment for a brief period, and the amount of assistance is contingent upon the adjusted family income. USDA Section 502 Direct Loans in Connecticut aren’t the same thing as USDA Section 502 Guaranteed Loans in Connecticut. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Connecticut?

USDA Direct Loans in Connecticut are low income loans that can be used to purchase homes in rural areas. To qualify for Direct Loans, applicants must have low or very low income, which is defined by the USDA as 50% to 80% of the Area Median Income (AMI). Like other rural housing loan programs, USDA Direct Loans are a mortgage with no down payment. The median income for the entire state of CT is $78,444, although that figure may vary from county to county. The maximum yearly income limits for Connecticut USDA Direct Loan approval are listed below. Other than meeting Connecticut USDA Direct Loan income limits, applicants must adhere to the following criteria to be eligible:

You have no decent clean, safe, and sanitary housing presently.
You can’t be able to get a mortgage from another source with terms and conditions that could reasonably expected to be met.
You must use this property for your primary residence.
You must possess the legal capacity to be able to contract a loan
You must meet citizenship or eligible noncitizen requirements.
You can’t be barred or suspended from participation in federal programs.

Additionally, the subject property must meet the following conditions:

Be a modestly sized home for that area.
Market value can’t be in excess of the areas applicable loan limit.
Can’t be designed for the production of income.

What areas in CT are eligible for USDA Direct Loans?

The property in question must be in an approved rural area. USDA Rural Development provides a webpage where you can search specific addresses in CT here.

How much can I borrow with a USDA Direct Home Loan?

Are there other mortgage options with low down payment or no down payment in Connecticut?

Yes, there may be other low down payment mortgage options, and no down payment mortgage options in Connecticut besides USDA Direct Loans. You can begin by researching Connecticut USDA Guaranteed Loans, Connecticut FHA Loans, and Connecticut VA Loans if you’re a veteran in CT or qualified family member. You may also want to look into helpful programs for down payment assistance in Connecticut.

Connecticut USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Bridgeport, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Colchester-Lebanon, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Danbury, CT HUD Metro FMR Area	$82,800	$82,800	$82,800	$82,800	$109,300
Hartford-West Hartford-East Hartford, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Litchfield County, CT	$75,500	$75,500	$75,500	$75,500	$99,650
Milford-Ansonia-Seymour, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
New Haven-Meriden, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
New Milford, CT SEA	$75,500	$75,500	$75,500	$75,500	$99,650
North Middlesex County, CT SEA	$75,500	$75,500	$75,500	$75,500	$99,650
Norwich-New London, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Southern Middlesex County, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Stamford-Norwalk, CT HUD Metro FMR Area	$92,650	$92,650	$92,650	$92,650	$122,300
Waterbury, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Windham County, CT HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
All USDA Loan Income Limits
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Delaware USDA Direct Loan Income Limits – Low Income Loans

By Spencer Llewellyn at 12:41 am on January 5, 2023

USDA Direct Loan Income Limits in Delaware

The Section 502 Direct Loan Program, also known as USDA Direct Loans, is a program that aids low and very-low-income individuals purchase decent healthy, safe and clean housing in eligible rural areas. That’s accomplished though offering payment assistance which boosts a borrower’s capacity to repay. This payment assistance can be described as a form of subsidy that lowers the mortgage repayment for a brief period, and the amount of assistance is contingent upon the adjusted family income. USDA Section 502 Direct Loans in Delaware aren’t the same thing as USDA Section 502 Guaranteed Loans in Delaware. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Delaware?

USDA Direct Loans in Delaware are low income loans that can be used to purchase homes in rural areas. To qualify for Direct Loans, applicants must have low or very low income, which is defined by the USDA as 50% to 80% of the Area Median Income (AMI). Like other rural housing loan programs, USDA Direct Loans are a mortgage with no down payment. The median income for the entire state of DE is $68,287, although that figure may vary from county to county. The maximum yearly income limits for Delaware USDA Direct Loan approval are listed below. Other than meeting Delaware USDA Direct Loan income limits, applicants must adhere to the following criteria to be eligible:

You have no decent clean, safe, and sanitary housing presently.
You can’t be able to get a mortgage from another source with terms and conditions that could reasonably expected to be met.
You must use this property for your primary residence.
You must possess the legal capacity to be able to contract a loan
You must meet citizenship or eligible noncitizen requirements.
You can’t be barred or suspended from participation in federal programs.

Additionally, the subject property must meet the following conditions:

Be a modestly sized home for that area.
Market value can’t be in excess of the areas applicable loan limit.
Can’t be designed for the production of income.

What areas in DE are eligible for USDA Direct Loans?

The property in question must be in an approved rural area. USDA Rural Development provides a webpage where you can search specific addresses in DE here.

How much can I borrow with a USDA Direct Home Loan?

Are there other mortgage options with low down payment or no down payment in Delaware?

Yes, there may be other low down payment mortgage options, and no down payment mortgage options in Delaware besides USDA Direct Loans. You can begin by researching Delaware USDA Guaranteed Loans, Delaware FHA Loans, and Delaware VA Loans if you’re a veteran in DE or qualified family member. You may also want to look into helpful programs for down payment assistance in Delaware.

Delaware USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Dover, DE MSA	$56,300	$56,300	$56,300	$56,300	$74,300
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA	$72,100	$72,100	$72,100	$72,100	$95,150
Sussex County, DE HUD Metro FMR Area	$57,700	$57,700	$57,700	$57,700	$76,150

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
All USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA Loan Calculator

More USDA Direct Loan Limits

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