USDA loans have become a popular alterative to the more traditional FHA and Conventional loans, as they can offer 100% financing (yep – that means no down payment!). These loans are designed to promote rural development, so they’re only available to buyers looking in certain areas.

usda loan right for you?

Wondering if the home that you like is eligible? Check out this website to determine property eligibility! Much of northern Montgomery and Bucks counties qualify, as well as western Chester County and much of Berks County.

USDA loan for you

33 Sunset Hill Rd in Boyertown is located in an area that may qualify for a USDA loan

Another consideration for qualifying for a USDA loan is household income. Unlike most other types of mortgages, there is an income limit. For much of Pennsylvania, that household income limit is around $78,000 for a family of 1-4 people. If you make more than the specified income limit in your area, you may not qualify.

If you’re interested in a USDA loan, be sure to ask your agent or lender for details!