• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Five Stars Mortgage

call888-705-1975
Request Contact
  • Home
  • Loan Programs
    • DSCR Investor Loan
      • Florida Hard Money Loans – Private Money
    • Jumbo Loan
      • Super Jumbo Loan
    • VA Home Loans
    • USDA Rural Loan
    • FHA Home Loans
    • First Time Home Buyer
    • Conventional Loan
    • Refinance
      • Cash Out Refinance
  • Home Buyers Tool Kit
    • Home Buyer Check List
    • Mortgage Pre Approval
    • Free Mortgage Videos
    • Property Appraisal
    • Annual Percentage Rate (APR)
    • Homeowners Insurance
    • Real Estate Agent
    • Florida County Map
  • Mortgage Blog
  • Apply Now
  • About Us
    • Testimonials

Rural Development USDA Income Restrictions 2014

This page updated and accurate as of 03/31/23 National Mortgage Leave a Comment

Five Stars Logo

The USDA recently published the 2014 – 2015 income limits for the 100% 502 Guarantee Program offered to all Florida rural eligible locations.

Questions? We are ready to help 7 days a week.  For fast service please submit the “Request Contact” form at the top right side of your screen.  Mobile users can find the short Request Contact Form here.  Be sure to also visit www.FiveStarsMortgage.com for the latest mortgage info.

FLORIDA COUNTIES 1- 4 person household 5 – 8 person household
All Florida counties EXCEPT those listed below: $74,750 $ 98,650
Clay, Duval, Nassau, St Johns $77,400 $102,150
Collier $83,750 $110,550
Manatee and Sarasota $75,200 $99,264
Okaloosa and Wakulla $78,650 $103,818
Palm Beach $87,550 $115,550
NOT ELIGIBLE are Broward, Pinellas and Monroe
Add 8% of 1-4 person limit for each person in excess of 8 persons.

Please remember the following:

  • Homebuyers can take deductions for certain things like minor children living in the household. In addition, documentable child care expenses, disabilities, elderly, etc. Please add $480 to the income limits for each child living in household.
  • The USDA income eligibility limits above apply to ALL members in the household that produce income, regardless if they are listed on the USDA mortgage application or not. The only exception to this rule is employed full time students. As of 12/1/2014 –  Full time students income is essentially except from the household income calculation.
  • The USDA income limits only applies to household income at the time of closing on the house. Future income and/ or earning potential is not considered.

Serving all of FLA – Orlando, Tampa, Jacksonville, Lakeland, Ocala, Gainesville, Pensacola, Tallahassee, Sarasota, Naples, Daytona, Kissimmee. 2015 USDA income limits

Filed Under: First Time Home Buyers, USDA Home Loan Tagged With: 2014, 502 Guarantee Income Limits, Income requirements USDA, RHS income limits Florida, USDA program income restrictions

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

Primary Sidebar

Mortgage Calculator

year(s)
per year
per year
Calculate

Your total monthly payment

Principal & Interest:
Home insurance:
Property taxes:
PMI:

Five Stars is now operated and a web asset of Coast2Coast Mortgage NMLS# 376205
9050 Cypress Green Dr. Suite #403 Jacksonville, FL 32256

The use of this website is strictly for informational purposes only. We are not affiliated with any government agency.
Privacy Policy

Questions? Please submit the Request Contact Form
to connect with a specialist 7 days a week.