Kentucky 2020 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, Bracken, 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.
Bowling Green Kentucky, Elizabethtown Kentucky, Kentucky, kentucky rural development loan, kentucky rural housing loan, Kentucky USDA, ky first time home buyer, mortgage, Mortgage loan, Refinancing, Rural development, Rural housing, United States Department of Agriculture, usda, USDA Rural Development, zero down kentucky home loan | 2016 USDA Guarantee Fee and Annual Fee Mi Changes, 502 Guaranteed Loan, annual mi fee, kentucky first time home buyer, MI Changes for USDA Oct 2011, mortgage insurance annual fee, rural development, Rural Development loan, USDA, USDA /Rural Housing Loan Offices in Ky, USDA RURAL DEVELOPMENT DIRECT HOUSING LOANS, Zero Down Home Loans
text or call my phone: (502) 905-3708
email me at firstname.lastname@example.org
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.
All loans and lines are subject to credit approval, verification, and collateral evaluation