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Vermont 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 Vermont

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 Vermont aren’t the same thing as USDA Section 502 Guaranteed Loans in Vermont. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Vermont?

USDA Direct Loans in Vermont 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 VT is $61,973, although that figure may vary from county to county. The maximum yearly income limits for Vermont USDA Direct Loan approval are listed below. Other than meeting Vermont 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 VT 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 VT 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 Vermont?

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

Vermont USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Addison County, VT	$62,300	$62,300	$62,300	$62,300	$82,250
Bennington County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Burlington-South Burlington, VT MSA	$73,450	$73,450	$73,450	$73,450	$96,950
Caledonia County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Essex County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Lamoille County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Orange County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Orleans County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Rutland County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Washington County, VT	$62,950	$62,950	$62,950	$62,950	$83,100
Windham County, VT	$58,900	$58,900	$58,900	$58,900	$77,750
Windsor County, VT	$60,900	$60,900	$60,900	$60,900	$80,400

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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Virginia 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 Virginia

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 Virginia aren’t the same thing as USDA Section 502 Guaranteed Loans in Virginia. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Virginia?

USDA Direct Loans in Virginia 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 VA is $74,222, although that figure may vary from county to county. The maximum yearly income limits for Virginia USDA Direct Loan approval are listed below. Other than meeting Virginia 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 VA 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 VA 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 Virginia?

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

Virginia USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Accomack County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Alleghany County-Clifton Forge city-Covington city, VA HUD N	$47,700	$47,700	$47,700	$47,700	$62,950
Bath County, VA	$50,150	$50,150	$50,150	$50,150	$66,200
Blacksburg-Christiansburg-Radford, VA HUD Metro FMR Area	$61,350	$61,350	$61,350	$61,350	$81,000
Bland County, VA	$51,450	$51,450	$51,450	$51,450	$67,900
Brunswick County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Buchanan County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Buckingham County, VA HUD Metro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Carroll County-Galax city, VA HUD Nonmetro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Charlotte County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Charlottesville, VA HUD Metro FMR Area	$71,500	$71,500	$71,500	$71,500	$94,400
Culpeper County, VA HUD Metro FMR Area	$65,750	$65,750	$65,750	$65,750	$86,800
Cumberland County, VA	$60,500	$60,500	$60,500	$60,500	$79,850
Dickenson County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Essex County, VA	$47,700	$47,700	$47,700	$47,700	$62,950
Floyd County, VA HUD Metro FMR Area	$48,500	$48,500	$48,500	$48,500	$64,000
Franklin County, VA HUD Metro FMR Area	$51,050	$51,050	$51,050	$51,050	$67,400
Giles County, VA HUD Metro FMR Area	$46,950	$46,950	$46,950	$46,950	$61,950
Grayson County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Greensville County-Emporia city, VA HUD Nonmetro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Halifax County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Harrisonburg, VA MSA	$54,950	$54,950	$54,950	$54,950	$72,550
Henry County-Martinsville city, VA HUD Nonmetro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Highland County, VA	$49,050	$49,050	$49,050	$49,050	$64,750
King and Queen County, VA	$60,500	$60,500	$60,500	$60,500	$79,850
King George County, VA	$75,500	$75,500	$75,500	$75,500	$99,650
Kingsport-Bristol-Bristol, TN-VA MSA	$44,100	$44,100	$44,100	$44,100	$58,200
Lancaster County, VA	$55,900	$55,900	$55,900	$55,900	$73,800
Lee County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Louisa County, VA	$57,450	$57,450	$57,450	$57,450	$75,850
Lunenburg County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Lynchburg, VA MSA	$55,100	$55,100	$55,100	$55,100	$72,750
Madison County, VA	$55,500	$55,500	$55,500	$55,500	$73,250
Mecklenburg County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Middlesex County, VA	$59,200	$59,200	$59,200	$59,200	$78,150
Northampton County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Northumberland County, VA	$54,550	$54,550	$54,550	$54,550	$72,000
Nottoway County, VA	$46,800	$46,800	$46,800	$46,800	$61,800
Orange County, VA	$64,150	$64,150	$64,150	$64,150	$84,700
Page County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Patrick County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Prince Edward County, VA	$47,200	$47,200	$47,200	$47,200	$62,300
Pulaski County, VA HUD Metro FMR Area	$48,400	$48,400	$48,400	$48,400	$63,900
Rappahannock County, VA HUD Metro FMR Area	$65,500	$65,500	$65,500	$65,500	$86,450
Richmond County, VA	$56,250	$56,250	$56,250	$56,250	$74,250
Richmond, VA MSA	$69,100	$69,100	$69,100	$69,100	$91,200
Roanoke, VA HUD Metro FMR Area	$58,500	$58,500	$58,500	$58,500	$77,200
Rockbridge County-Buena Vista city-Lexington city, VA HUD No	$47,850	$47,850	$47,850	$47,850	$63,150
Russell County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Shenandoah County, VA	$52,150	$52,150	$52,150	$52,150	$68,850
Smyth County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Southampton County-Franklin city, VA HUD Nonmetro FMR Area	$50,400	$50,400	$50,400	$50,400	$66,550
Staunton-Waynesboro, VA MSA	$55,350	$55,350	$55,350	$55,350	$73,050
Surry County, VA	$58,650	$58,650	$58,650	$58,650	$77,400
Tazewell County, VA	$45,900	$45,900	$45,900	$45,900	$60,600
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Are	$63,450	$63,450	$63,450	$63,450	$83,750
Warren County, VA HUD Metro FMR Area	$61,500	$61,500	$61,500	$61,500	$81,200
Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area	$77,600	$77,600	$77,600	$77,600	$102,450
Westmoreland County, VA	$54,300	$54,300	$54,300	$54,300	$71,700
Winchester, VA-WV MSA	$59,050	$59,050	$59,050	$59,050	$77,950
Wise County-Norton city, VA HUD Nonmetro FMR Area	$45,900	$45,900	$45,900	$45,900	$60,600
Wythe County, VA	$45,900	$45,900	$45,900	$45,900	$60,600

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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Washington 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 Washington

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 Washington aren’t the same thing as USDA Section 502 Guaranteed Loans in Washington. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in Washington?

USDA Direct Loans in Washington 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 WA is $73,775, although that figure may vary from county to county. The maximum yearly income limits for Washington USDA Direct Loan approval are listed below. Other than meeting Washington 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 WA 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 WA 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 Washington?

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

Washington USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Adams County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Bellingham, WA MSA	$63,300	$63,300	$63,300	$63,300	$83,550
Bremerton-Silverdale, WA MSA	$68,400	$68,400	$68,400	$68,400	$90,300
Clallam County, WA	$53,200	$53,200	$53,200	$53,200	$70,200
Columbia County, WA HUD Metro FMR Area	$52,000	$52,000	$52,000	$52,000	$68,650
Ferry County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Garfield County, WA	$54,300	$54,300	$54,300	$54,300	$71,700
Grant County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Grays Harbor County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Island County, WA	$62,300	$62,300	$62,300	$62,300	$82,250
Jefferson County, WA	$55,450	$55,450	$55,450	$55,450	$73,200
Kennewick-Richland, WA MSA	$62,400	$62,400	$62,400	$62,400	$82,350
Kittitas County, WA	$57,850	$57,850	$57,850	$57,850	$76,350
Klickitat County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Lewis County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Lewiston, ID-WA MSA	$50,500	$50,500	$50,500	$50,500	$66,650
Lincoln County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Longview, WA MSA	$54,650	$54,650	$54,650	$54,650	$72,150
Mason County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Mount Vernon-Anacortes, WA MSA	$60,800	$60,800	$60,800	$60,800	$80,250
Okanogan County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Olympia-Tumwater, WA MSA	$66,950	$66,950	$66,950	$66,950	$88,350
Pacific County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Pend Oreille County, WA HUD Metro FMR Area	$52,000	$52,000	$52,000	$52,000	$68,650
Portland-Vancouver-Hillsboro, OR-WA MSA	$70,300	$70,300	$70,300	$70,300	$92,800
San Juan County, WA	$61,500	$61,500	$61,500	$61,500	$81,200
Seattle-Bellevue, WA HUD Metro FMR Area	$88,550	$88,550	$88,550	$88,550	$116,900
Spokane, WA HUD Metro FMR Area	$57,350	$57,350	$57,350	$57,350	$75,700
Stevens County, WA HUD Metro FMR Area	$52,000	$52,000	$52,000	$52,000	$68,650
Tacoma, WA HUD Metro FMR Area	$64,150	$64,150	$64,150	$64,150	$84,700
Wahkiakum County, WA	$52,000	$52,000	$52,000	$52,000	$68,650
Walla Walla County, WA HUD Metro FMR Area	$53,700	$53,700	$53,700	$53,700	$70,900
Wenatchee, WA MSA	$54,700	$54,700	$54,700	$54,700	$72,200
Whitman County, WA	$57,300	$57,300	$57,300	$57,300	$75,650
Yakima, WA MSA	$52,000	$52,000	$52,000	$52,000	$68,650

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
USDA Loan Requirements
USDA Loan Programs
USDA Loan Calculator

More USDA Direct Loan Limits

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New York 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 New York

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 New York aren’t the same thing as USDA Section 502 Guaranteed Loans in New York. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in New York?

USDA Direct Loans in New York 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 NY is $68,486, although that figure may vary from county to county. The maximum yearly income limits for New York USDA Direct Loan approval are listed below. Other than meeting New York 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 NY 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 NY 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 New York?

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

New York USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Albany-Schenectady-Troy, NY MSA	$71,900	$71,900	$71,900	$71,900	$94,900
Allegany County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Binghamton, NY MSA	$56,400	$56,400	$56,400	$56,400	$74,450
Buffalo-Cheektowaga-Niagara Falls, NY MSA	$61,500	$61,500	$61,500	$61,500	$81,200
Cattaraugus County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Cayuga County, NY	$56,250	$56,250	$56,250	$56,250	$74,250
Chautauqua County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Chenango County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Clinton County, NY	$54,650	$54,650	$54,650	$54,650	$72,150
Columbia County, NY	$63,100	$63,100	$63,100	$63,100	$83,300
Cortland County, NY	$56,500	$56,500	$56,500	$56,500	$74,600
Delaware County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Elmira, NY MSA	$59,200	$59,200	$59,200	$59,200	$78,150
Essex County, NY	$56,250	$56,250	$56,250	$56,250	$74,250
Franklin County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Fulton County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Genesee County, NY	$56,700	$56,700	$56,700	$56,700	$74,850
Glens Falls, NY MSA	$57,100	$57,100	$57,100	$57,100	$75,350
Greene County, NY	$55,100	$55,100	$55,100	$55,100	$72,750
Hamilton County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Ithaca, NY MSA	$67,350	$67,350	$67,350	$67,350	$88,900
Kingston, NY MSA	$66,650	$66,650	$66,650	$66,650	$88,000
Lewis County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Montgomery County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Nassau-Suffolk, NY HUD Metro FMR Area	$88,950	$88,950	$88,950	$88,950	$117,400
New York, NY HUD Metro FMR Area	$85,350	$85,350	$85,350	$85,350	$112,650
Otsego County, NY	$53,350	$53,350	$53,350	$53,350	$70,400
Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area	$75,500	$75,500	$75,500	$75,500	$99,650
Rochester, NY HUD Metro FMR Area	$60,550	$60,550	$60,550	$60,550	$79,950
Rockland County, NY HUD Metro FMR Area	$85,350	$85,350	$85,350	$85,350	$112,650
Schuyler County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Seneca County, NY	$55,200	$55,200	$55,200	$55,200	$72,850
St. Lawrence County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Steuben County, NY	$52,950	$52,950	$52,950	$52,950	$69,900
Sullivan County, NY	$59,850	$59,850	$59,850	$59,850	$79,000
Syracuse, NY MSA	$63,600	$63,600	$63,600	$63,600	$83,950
Utica-Rome, NY MSA	$56,300	$56,300	$56,300	$56,300	$74,300
Watertown-Fort Drum, NY MSA	$54,250	$54,250	$54,250	$54,250	$71,600
Westchester County, NY Statutory Exception Area	$82,800	$82,800	$82,800	$82,800	$109,300
Wyoming County, NY	$54,800	$54,800	$54,800	$54,800	$72,350
Yates County, NY HUD Metro FMR Area	$55,300	$55,300	$55,300	$55,300	$73,000

More USDA Loan Resources

USDA Direct Loan Income Limits (Low Income)
USDA Direct Loan Limits (Low Income)
All USDA Loan Limits
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North Carolina 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 North Carolina

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 North Carolina aren’t the same thing as USDA Section 502 Guaranteed Loans in North Carolina. The USDA Guaranteed Loan Program is more popular and accommodates a wider range of applicant incomes.

Can I get a USDA Direct Loan in North Carolina?

USDA Direct Loans in North Carolina 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 NC is $54,602, although that figure may vary from county to county. The maximum yearly income limits for North Carolina USDA Direct Loan approval are listed below. Other than meeting North Carolina 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 NC 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 NC 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 North Carolina?

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

North Carolina USDA Direct Loan Maximum Income Limits

Area	1 Person	2 Person	3 Person	4 Person	5 Person
Alleghany County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Anson County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Ashe County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Asheville, NC HUD Metro FMR Area	$53,100	$53,100	$53,100	$53,100	$70,100
Avery County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Beaufort County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Bertie County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Bladen County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Brunswick County, NC HUD Metro FMR Area	$53,050	$53,050	$53,050	$53,050	$70,050
Burlington, NC MSA	$48,500	$48,500	$48,500	$48,500	$64,000
Camden County, NC	$60,250	$60,250	$60,250	$60,250	$79,550
Carteret County, NC	$55,050	$55,050	$55,050	$55,050	$72,650
Caswell County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area	$63,200	$63,200	$63,200	$63,200	$83,400
Cherokee County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Chowan County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Clay County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Cleveland County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Columbus County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Craven County, NC HUD Metro FMR Area	$51,700	$51,700	$51,700	$51,700	$68,250
Dare County, NC	$56,150	$56,150	$56,150	$56,150	$74,100
Davidson County, NC HUD Metro FMR Area	$48,400	$48,400	$48,400	$48,400	$63,900
Duplin County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Durham-Chapel Hill, NC HUD Metro FMR Area	$67,850	$67,850	$67,850	$67,850	$89,550
Fayetteville, NC HUD Metro FMR Area	$44,150	$44,150	$44,150	$44,150	$58,300
Gates County, NC HUD Metro FMR Area	$51,200	$51,200	$51,200	$51,200	$67,600
Goldsboro, NC MSA	$46,800	$46,800	$46,800	$46,800	$61,800
Graham County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Granville County, NC	$50,650	$50,650	$50,650	$50,650	$66,850
Greene County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Greensboro-High Point, NC HUD Metro FMR Area	$49,050	$49,050	$49,050	$49,050	$64,750
Greenville, NC MSA	$53,100	$53,100	$53,100	$53,100	$70,100
Halifax County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Harnett County, NC	$51,350	$51,350	$51,350	$51,350	$67,800
Haywood County, NC HUD Metro FMR Area	$46,900	$46,900	$46,900	$46,900	$61,900
Hertford County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Hickory-Lenoir-Morganton, NC MSA	$44,150	$44,150	$44,150	$44,150	$58,300
Hoke County, NC HUD Metro FMR Area	$44,700	$44,700	$44,700	$44,700	$59,000
Hyde County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Iredell County, NC HUD Metro FMR Area	$58,400	$58,400	$58,400	$58,400	$77,100
Jackson County, NC	$44,900	$44,900	$44,900	$44,900	$59,250
Jacksonville, NC MSA	$46,100	$46,100	$46,100	$46,100	$60,850
Jones County, NC HUD Metro FMR Area	$44,150	$44,150	$44,150	$44,150	$58,300
Lee County, NC	$48,700	$48,700	$48,700	$48,700	$64,300
Lenoir County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Lincoln County, NC HUD Metro FMR Area	$51,300	$51,300	$51,300	$51,300	$67,700
Macon County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Martin County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
McDowell County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Mitchell County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Montgomery County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Moore County, NC	$58,300	$58,300	$58,300	$58,300	$76,950
Northampton County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Pamlico County, NC HUD Metro FMR Area	$47,450	$47,450	$47,450	$47,450	$62,650
Pasquotank County, NC	$47,450	$47,450	$47,450	$47,450	$62,650
Pender County, NC HUD Metro FMR Area	$49,500	$49,500	$49,500	$49,500	$65,350
Perquimans County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Person County, NC HUD Metro FMR Area	$46,550	$46,550	$46,550	$46,550	$61,450
Polk County, NC	$47,300	$47,300	$47,300	$47,300	$62,450
Raleigh, NC MSA	$74,150	$74,150	$74,150	$74,150	$97,900
Richmond County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Robeson County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Rockingham County, NC HUD Metro FMR Area	$44,150	$44,150	$44,150	$44,150	$58,300
Rocky Mount, NC MSA	$44,150	$44,150	$44,150	$44,150	$58,300
Rowan County, NC HUD Metro FMR Area	$51,300	$51,300	$51,300	$51,300	$67,700
Rutherford County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Sampson County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Scotland County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Stanly County, NC	$49,300	$49,300	$49,300	$49,300	$65,100
Surry County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Swain County, NC	$44,800	$44,800	$44,800	$44,800	$59,150
Transylvania County, NC	$45,350	$45,350	$45,350	$45,350	$59,850
Tyrrell County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Vance County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Are	$63,450	$63,450	$63,450	$63,450	$83,750
Warren County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Washington County, NC	$44,150	$44,150	$44,150	$44,150	$58,300
Watauga County, NC	$52,250	$52,250	$52,250	$52,250	$68,950
Wilkes County, NC	$44,700	$44,700	$44,700	$44,700	$59,000
Wilmington, NC HUD Metro FMR Area	$58,250	$58,250	$58,250	$58,250	$76,900
Wilson County, NC	$45,350	$45,350	$45,350	$45,350	$59,850
Winston-Salem, NC HUD Metro FMR Area	$50,000	$50,000	$50,000	$50,000	$66,000
Yancey County, NC	$44,150	$44,150	$44,150	$44,150	$58,300