USDA Home Loans in High Point, NC 27265 do not have a maximum loan amount – however, the property must be located within the USDA “Eligibility” area. Most of the city is located in Guilford County, with portions spilling into neighboring Randolph, Davidson, and Forsyth counties. High Point is North Carolina’s only city that extends into four counties.
Below you will see 2013 “current” USDA Maps. Below that we show you the changes scheduled for the USDA Home Loan NC Program at the end of September. The “faint pink” parts on the map do NOT qualify for USDA Home Loans in NC. All of the OTHER areas, however, DO qualify for the USDA RD Loan program in High Point NC.
USDA Loan Highlights:
- No Money Down Loans, Seller can pay closing costs
- In Ground Swimming pools are difficult to finance
- Credit Scores without NC Housing Aid must meet a minimum of 640 (See Bottom of this Page for more details on this First Time Home Buyer program available in Belmont)
- Very low USDA PMI rates