Are you interested in a USDA loan to purchase a home in Indiana? Besides very generous property location requirements, USDA loan eligibility depends on income. That means that you might make too much money to qualify for a USDA loan. Yes, the USDA has a maximum income amount for USDA eligibility. This isn’t a universal amount though. It’s broken down by county. See, someone in one part of the state may have a higher cost of living than someone in another part. It also depends on the number of people in your family. The USDA wants to help financially struggling, by financially smart families move into homes. It helps the economy and it helps the families.
- State Office in Indianapolis and several other offices throughout the state provide Rural Development programs and services to Indiana home buyers. Here’s a list of contact information.
- Be sure to check out this link, because in less than one month, changes to the eligible areas becomes effective.
- The maximum income amount by county can be found here.
Are You Ready to Buy a New Home?
If you’re interested in moving to a community near Evansville or Jasper, Indiana, check out our listings. Become familiar with the area. Before you start shopping for a home in Indiana, it’s a good idea to explore areas you might like to live in — that way you can get a feel for what properties are available and how much you’ll need to spend. We’ll help you find homes for sale in the most beautiful parts of Indiana.
Let us know if you want us to be on the lookout for Evansville or Dubois County homes with solar arrays, geothermal systems or other green upgrades too!
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Thinking of Selling Your Dubois County Home?
On the other hand, if you’d like to sell your Dubois County real estate, we’d love to help with that too! We offer a completely FREE Comparative Market Analysis (CMA). Zillow’s zestimates can be off by as much as 12 percent! Obviously, to make any decisions, you need to know the actual value of your property, right? A 12 percent difference could be a deal breaker when it comes down to it. Yet, if you contact us today, we can get you a detailed report and the estimated value for your home based on today’s market. Plus, we can get that to you usually in less than one day. So, request your FREE home valuation for your Dubois County home today!
Contact Welsh Realty Corp. Today!