Rural Development Loans in Jackson TN, Buy a Home with no down payment

Mortgage and Lending with Van Dyk Mortgage NMLS:98535,Corp 3035

Jackson is the county seat of Madison County, Tennessee.  The total population of the city at the 2010 Census was 65,211.

The city of Jackson is the only area in Madison county that is not eligible for 100% financing using the USDA Rural Development home loan.  Rural Development, or RD loan allows buyers in eligible areas purchase a home without a down payment.  They are able to finance 100% of the purchase price of the home. However, the program has income as well as geograhic limits.  The income limits are based on the size of the family and takes into account all household income.  In Jackson a household of 1-4 family members can make roughly $74,750 per year and a household with 5-8 family members.$98,650.  There are adjustments that can be made so these numbers are not absolute.  Give us a call at 866.435.6553 to see if you qualify for the Rural Development program.

The geographic restrictions merely limits the use of the programs to areas outside of major population centers.  Jackson, Tennessee is one of the restricted population centers.  However, by reviewing the map below it is easy to see, that most any home outside of the city limits of Jackson would qualify for the Rural Development home loan program.  There will be a couple of exceptions in areas where the city map takes a turn or two and the RD map takes a more simplified route. 

Additionally all of the properties located in the neigboring counties of Gibson, Carroll, Henderson, Chester, Hardeman, Haywood and Crockett are in Rural Development eligible areas.  None of the homes in these counties fall in an ineligible area.

Jackson TN Rural Development Map

Click Here to enter address and see if it falls in an eligible area.

Give me a call today at 866 435 6553 to get approved for the purchase of your new home.







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Specializing in Government Home Loans.  FHA, VA and  USDA Rural Development


Alabama: License # 52935

Birmingham, Montgomery, Mobile, Huntsville, Tuscaloosa, Hoover, Dothan, Decatur, Auburn, Gadseden, Florence, Bessemer, Madison, Prichard, Phenix City, Homewood, Vestavia Hills

Georgia: License # 36362

Albany, Atlanta, Augusta, Alpharetta, Athens, Canton,  Columbus, Dalton, Dunwoody, Johns Creek, Macon, Marietta, Roswell, Sandy Springs, Savannah, Smyrna, Valdosta, Warner Robbins

Kentucky: License # MC305583

Louisville, Lexington, Bowling Green, Owensboro, Covington, Hopkinsville, Richmond, Florence, Elizabethtown, Frankfort, Paducah, Independence, Danville

Louisiana: License # 35486

Alexandria, Baton Rouge, Bossier City, Central, Denham Springs, Hammond, Houma, Kenner, Lafayette, Lake Charles, Livingston,  Marrero, Metaire, Monroe, New Iberia, New Roads New Orleans, Prairieville, Shreveport, Slidell, Walker

Tennessee:  License # 108470

Bartlett, Bristol, Chattanooga, Clarksville, Cleveland, Collierville, Columbia, Cookeville, Crossville, Fairfield Glade, Franklin, Germantown, Goodlesttsville, Hendersonville, Jackson, Jamestown, Johnson City, Karns, Kingsport, Knoxville, Memphis, Morristown, Murfreesboro, Nashville, Oakridge, Smyrna, Spring City


Abilene, Amarillo, Arlington, Austin, Beaumont, Brownsville, Carrollton, Cypress, Dallas, Denton,  El Paso,  Ft. Worth, Frisco, Garland,  Grand Prairie, Houston, Irving, Killeen,  Lubbock, McAllen, McKinney, Mesquite, Midland, Pasadena, Plano, San Antonio, Tyler, Waco, Wichita Falls


We offer VA Loans,  FHA Loans, USDA Loans, and more across Alabama, Louisiana, Texas and Tennessee


Bill McDonald NMLS # 95835

VanDyk Mortgage NMLS # 3035


Bill McDonald-VanDyk Mortgage

705 Gate Ln Suite 202 104

Knoxville, TN 37909

(865) 686-8711

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Doris Freeman
Broker/Agent, Realtor, Madison-Gibson-Crockett

These loans are great, loans that are a win-win it helps the seller move their property and buyers with good credit history an opportunity to purchase a home.  Most local realtors are aware of them, but many are not familiar with them, so to all buyers find an agent that not only can help you find a home but also can walk you thru the entire purchasing process.

Thanks for posting about Rural Housing Loans

Doris Freeman

Re/Max Realty Source



Mar 07, 2013 09:27 PM #1
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Bill McDonald

VA, USDA, FHA Government Loans - (865) 686-8711
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