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income eligibility: Update on USDA Income Limit Increases - 03/05/09 12:36 PM
I wanted to share the response I received from someone at USDA today on the increase in the income limits.  It still sounds very promising!
 
Here is my ‘canned' response sent to all inquirers.  If it happens (we're very optimistic), it will be incorporated at the same time as our regular annual income adjustment, late March, early April, maybe by March 20, depending on when we get data from HUD (for the regular increase).
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NO guarantee but optimistic.  Hopefully around March 20, maybe a little later.  It would use the 4-person limit for the 1-4 person households, and … (4 comments)

income eligibility: USDA Rural Housing Property and Income Eligibility in Walton County, FL - 09/16/08 10:58 AM
The following map shows those areas in Walton County, FL that are eligible for USDA Rural Housing loans.  Basically, the entire county is eligible!  Under the map is the income guidelines used to determine if a buyer would qualify for a USDA Rural Housing loan based on the number of people in their family.  Please note that there are some deductions from a buyer's income that may help those who are over these guidelines to qualify, ie: medical expenses for disabled family members, a credit for full-time students, a credit for those in the household under 18 years of age, child care … (0 comments)

income eligibility: Okaloosa County, FL USDA Rural Housing Mortgage Eligibility Area and Maximum Income Requirements - 09/16/08 10:45 AM
The following map shows those areas in Okaloosa County, FL that are eligible for USDA Rural Housing loans.  Basically, the only areas that aren't eligible are "between the bases" - Ft. Walton Beach, Shalimar, and Mary Esther east of Hurlburt Field.  Under the map is the income guidelines used to determine if a buyer would qualify for a USDA Rural Housing loan based on the number of people in their family.  Please note that there are some deductions from a buyer's income that may help those who are over these guidelines to qualify, ie: medical expenses for disabled family members, a … (0 comments)

 

Sue Botelho-USDA Rural Housing Mortgage Pro

Fort Walton Beach, FL

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Waterstone Mortgage Corporation

Address: 2 Park Circle, Suite A, Ft. Walton Beach, FL, 32548

Office Phone: (850) 362-6901 x 2

Cell Phone: (850) 797-7946

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