Part of Durham County, NC qualifies for USDA mortgages – and the qualifying guidelines have recently changed!
To see maps specific to where you can find a home that qualifies for this 100% financing in Durham, click here
The maximum income is calculated per family members living at home. The current guidelines are:
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1 person in household maximum income is $82,000
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2 people in household maximum income is $82,000
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3 people in the household maximum income is $82,000
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4 people in the household maximum income is $82,000
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5 people in the household maximum income is $108,250
In addition to this – the property need to be located in a qualified (less densly populated area). If you want to see if your property is qualified for a USDA 100% home loan – click here! If you have quesitons about purchasing a home using a USDA Mortgage – please call Steve and Eleanor Thorne at Connect With Us on Facebook, 919-649-5058
I try and answer all questions :)