Kentucky 2019 County Income Limits For USDA Rural Development Loan
Kentucky USDA Mortgage Limits for Households with 1-4 members have different limits as households with 5-8. Similarly, applicants living in high-cost counties will have a higher income limit than those living in counties with a more average cost of living.
New Income limits for most counties (*) in Kentucky are $86,850 for a 4 unit household and household families of five or more + can make up to $114,650.
The Northern Kentucky Counties (***) of Boon, Kenton, Campbell, Brackenn, Gallatin, and Pendleton are $93,500 for a household of four or less and up to $123,400 for a family of five or more.
With the new changes for 2019 USDA Income limits, the Jefferson County Louisville, KY Metro area (**) saw an increase of $87,600 for a family of four and up to $115,650 for a family of five or more. The metro area includes Oldham, Bullitt, Spencer, Hardin, Larue and Meade are including in these higher income limits for USDA loans.
Remember, Jefferson County Kentucky, Fayette County Kentucky are not eligible for USDA loans.
,Below is the website where you can check and make sure
|New USDA Rural Housing Income Limits for Kentucky||Cincinnati (OH, KY, IN FMR), Boone, Kenton, Campbell, Pendleton, Gallatin***||Household income of 4 or less:
|Household income of 5 or more:
|Shelby, Bullitt, Oldham, Spencer**||**$87,600||** $115,650|
|Rest of the Kentucky Counties in Kentucky not listed above*||*$86,850||
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The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people. NMLS ID# 57916, (www.nmlsconsumeraccess.org). USDA Mortgage loans only offered in Kentucky.
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