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

Can I get a USDA Direct Loan in Florida?

USDA Loan RequirementsUSDA Direct Loans in Florida 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 FL is $55,660, although that figure may vary from county to county. The maximum yearly income limits for Florida USDA Direct Loan approval are listed below. Other than meeting Florida 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 FL 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 FL 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 Florida?

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

Florida USDA Direct Loan Maximum Income Limits

1 Person
2 Person
3 Person
4 Person
5 Person
Baker County, FL HUD Metro FMR Area $52,700$52,700 $52,700$52,700 $69,550
Bradford County, FL $47,850$47,850 $47,850$47,850 $63,150
Calhoun County, FL $41,700$41,700 $41,700$41,700 $55,050
Cape Coral-Fort Myers, FL MSA $53,700$53,700 $53,700$53,700 $70,900
Columbia County, FL $47,700$47,700 $47,700$47,700 $62,950
Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area $57,750$57,750 $57,750$57,750 $76,250
Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area $48,950$48,950 $48,950$48,950 $64,600
DeSoto County, FL $41,700$41,700 $41,700$41,700 $55,050
Dixie County, FL $41,700$41,700 $41,700$41,700 $55,050
Fort Lauderdale, FL HUD Metro FMR Area $67,350$67,350 $67,350$67,350 $88,900
Franklin County, FL $41,700$41,700 $41,700$41,700 $55,050
Gainesville, FL MSA $57,050$57,050 $57,050$57,050 $75,300
Glades County, FL $41,700$41,700 $41,700$41,700 $55,050
Gulf County, FL HUD Metro FMR Area $43,500$43,500 $43,500$43,500 $57,400
Hamilton County, FL $41,700$41,700 $41,700$41,700 $55,050
Hardee County, FL $41,700$41,700 $41,700$41,700 $55,050
Hendry County, FL $41,700$41,700 $41,700$41,700 $55,050
Holmes County, FL $41,700$41,700 $41,700$41,700 $55,050
Homosassa Springs, FL MSA $42,150$42,150 $42,150$42,150 $55,650
Jackson County, FL $43,750$43,750 $43,750$43,750 $57,750
Jacksonville, FL HUD Metro FMR Area $58,800$58,800 $58,800$58,800 $77,600
Lafayette County, FL $45,700$45,700 $45,700$45,700 $60,300
Lakeland-Winter Haven, FL MSA $46,550$46,550 $46,550$46,550 $61,450
Levy County, FL $41,700$41,700 $41,700$41,700 $55,050
Liberty County, FL $45,350$45,350 $45,350$45,350 $59,850
Madison County, FL $41,700$41,700 $41,700$41,700 $55,050
Miami-Miami Beach-Kendall, FL HUD Metro FMR Area $67,750$67,750 $67,750$67,750 $89,450
Monroe County, FL $78,400$78,400 $78,400$78,400 $103,500
Naples-Immokalee-Marco Island, FL MSA $62,650$62,650 $62,650$62,650 $82,700
North Port-Sarasota-Bradenton, FL MSA $56,700$56,700 $56,700$56,700 $74,850
Ocala, FL MSA $42,700$42,700 $42,700$42,700 $56,350
Okeechobee County, FL $41,700$41,700 $41,700$41,700 $55,050
Orlando-Kissimmee-Sanford, FL MSA $55,500$55,500 $55,500$55,500 $73,250
Palm Bay-Melbourne-Titusville, FL MSA $52,700$52,700 $52,700$52,700 $69,550
Palm Coast, FL HUD Metro FMR Area $51,850$51,850 $51,850$51,850 $68,450
Panama City-Lynn Haven-Panama City Beach, FL HUD Metro FMR A $51,450$51,450 $51,450$51,450 $67,900
Pensacola-Ferry Pass-Brent, FL MSA $55,350$55,350 $55,350$55,350 $73,050
Port St. Lucie, FL MSA $51,500$51,500 $51,500$51,500 $68,000
Punta Gorda, FL MSA $46,700$46,700 $46,700$46,700 $61,650
Putnam County, FL $41,700$41,700 $41,700$41,700 $55,050
Sebastian-Vero Beach, FL MSA $52,000$52,000 $52,000$52,000 $68,650
Sebring, FL MSA $41,700$41,700 $41,700$41,700 $55,050
Suwannee County, FL $41,700$41,700 $41,700$41,700 $55,050
Tallahassee, FL HUD Metro FMR Area $55,100$55,100 $55,100$55,100 $72,750
Tampa-St. Petersburg-Clearwater, FL MSA $53,500$53,500 $53,500$53,500 $70,600
Taylor County, FL $41,700$41,700 $41,700$41,700 $55,050
The Villages, FL MSA $57,050$57,050 $57,050$57,050 $75,300
Union County, FL $45,850$45,850 $45,850$45,850 $60,500
Wakulla County, FL HUD Metro FMR Area $53,450$53,450 $53,450$53,450 $70,550
Walton County, FL HUD Metro FMR Area $53,100$53,100 $53,100$53,100 $70,100
Washington County, FL $41,700$41,700 $41,700$41,700 $55,050
West Palm Beach-Boca Raton, FL HUD Metro FMR Area $66,900$66,900 $66,900$66,900 $88,300

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

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