Zero-down USDA Guaranteed Loans are the most popular rural development mortgage program in Massachusetts. These loans are available for anyone with low to moderate income to purchase a home in approved rural areas with no down payment. Other USDA loan limits and resources can be viewed here:
USDA Loan Limits
USDA Loan Income Limits
USDA Loan Requirements
USDA Loan Programs
USDA doesn’t set specific maximum loan limits for guaranteed mortgages. Instead, local limits are determined by a combination of the area USDA maximum income limit and the borrowers debt-to-income ratio. This approach means that guaranteed maximum USDA loan limits are fluid and based upon numerous factors, unlike low-income USDA Direct Loans, which have set maximum limits. The figures listed below are based on approximate calculations. Actual guaranteed maximum loan limits may vary.
Massachusetts Guaranteed USDA Loan Limits
Area | 1-4 Person Households | 5-8 Person Households |
|---|---|---|
| Barnstable Town, MA MSA | $391,000 | $500,000 |
| Berkshire County, MA (part) HUD Metro FMR Area | $391,000 | $500,000 |
| Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area | $500,000 | $657,000 |
| Brockton, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Dukes County, MA | $391,000 | $500,000 |
| Eastern Worcester County, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Easton-Raynham, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Fitchburg-Leominster, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Franklin County, MA HUD Nonmetro FMR Area | $391,000 | $500,000 |
| Lawrence, MA-NH HUD Metro FMR Area | $391,000 | $500,000 |
| Lowell, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Nantucket County, MA | $431,000 | $569,000 |
| New Bedford, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Pittsfield, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Providence-Fall River, RI-MA HUD Metro FMR Area | $323,000 | $417,000 |
| Springfield, MA MSA | $391,000 | $500,000 |
| Taunton-Mansfield-Norton, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Western Worcester County, MA HUD Metro FMR Area | $391,000 | $500,000 |
| Worcester, MA HUD Metro FMR Area | $391,000 | $500,000 |
