Delaware USDA Rural Housing Loans have two restrictions; income and geographical. The geographical restrictions are based on the census for each area of a particular county. Below is a diagram showing the eligible areas of New Castle County. The areas in orange are NOT Eligible
Kent County Eligible Areas are shown below.
Sussex County Eligible areas are shown below
You can determine if a property in Delaware is eligible for financing through the USDA Rural Housing Loan program by entering the property address at the following website http://eligibility.sc.egov.usda.gov
The Eligible areas for USDA Rural Housing Loans was suppose to change on January 15, 2014 but the changed was delayed indefinitely until Congress passes legislation updating the Census data used for calculating the eligible areas from 2000 Census to the 2010 Census. When the 2010 Census Data is used the city of Middletown, Delaware and the city of Smyrna, Delaware will no longer be eligible for USDA financing but until further notice both cities are still eligible for 2014.
The income limits for Delaware USDA Rural Housing loans are based on the number of people in the house and the county that the property is located.
New Castle County Maximum Income Limits for 2014
1 -4 Person 5 -8 Person
$0 – $93,450 $0 – $123,354
Kent County & Sussex County Maximum Income Limits for 2014
1 – 4 Person 5 - 8 Person
$0 – $78,200 $0 - $103,224
Primary Residential Mortgage, Inc. – Delaware Mortgage Company
248 E Chestnut Hill Rd, Newark, DE 19713