Each week we get numerous inquiries regarding how to find out when a property is qualified for 100% Usda / Rural Housing loans. Exactly where does one locate a list of USDA / Rural Housing accepted homes? Well to begin, USDA Rural Development does not produce any specific “listing” of accepted houses, rather simply approved or qualified areas. Under the USDA 502 program the home seller is not relevant, it’s much more about where the house is located. Even today in 2014 a sizable amount of FL is actually rural housing approved! Okay.. just where do you discover the record of permitted USDA / RURAL HOUSING house areas? Kindly click here to review the USDA approved map. Select the single family housing hyperlink underneath the “property eligibility” area towards the top left. While observing the map you’re able to type in a street address and search to find out if the house is qualified to receive 100% USDA / RURAL HOUSING loan financing. You can even look at the overall eligible housing areas near you.
Don’t forget the approved USDA Rural Housing areas aren’t based upon zipcode. Additionally, there are zero exceptions to the permitted areas, it’s either qualified or not qualified. Additionally, please note there could possibly be an update to the approved rural housing map after Sept 30th 2014. Bookmark the blog to keep up with any future USDA map updates!
Application or USDA loan pre approval 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.
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