USDA has been announcing that they were working on changes to their rural loan eligibility for a few years now. The results of their studies, as well as income limits, have been released and in rural parts of Maryland it is working in home buyers' favor! In most eligible areas of Prince George's, Anne Arundel, Charles, and Calvert Counties the maximum household income for a family of 1-4 has been raised to $108,550. That means if you meet USDA's guidelines for 100% financing, you can make up to $108,550 to purchase with no downpayment in those eligible areas.

usda approved purchase areas 2017 |
Keep in mind that this is for rural areas, so the only qualifying parts of Prince George's County are Accokeek and Bryan's Road, and below Route 4 to the West of Rt. 301 (along the river). All of Calvert is included. All of Charles County except for Waldorf and White Plains are included. Most of Southern Anne Arundel county below Rt. 214/Central Avenue is available.

To see if you qualify for NO MONEY DOWN using the USDA loan, call me today to get you started with an eligible lender.

Dunkirk MD Homes for Sale - Genna Fleming, REALTOR® at EXIT 1 STOP REALTY
You now have free access to my Real Estate Search Engine! I am your local real estate expert with the knowledge and experience to deliver the unsurpassed service you deserve. Local Specialties: Upper Marlboro, Lanham, Lothian, Edgewater, Annapolis, & Dunkirk. Call Genna Fleming at (443) 532-8917 or follow my real estate adventures on Instagram @realestateaskgenna