USDA Loan in Berks County, Pennsylvania

Unless you want to buy a house in the immediate city limits of Reading, you may be able to buy a house in Berks County, Pennsylvania with no down payment by using the USDA Rural Loan program.  

USDA is also the only major mortgage program that allows home buyers to finance any closing costs into the loan amount.  This allowable as long as the appraised value supports the needed loan amount. You can also negotiate for the seller to pay the closings costs.  The USDA will allow the seller to pay up to 6% of the sales price towards your closing costs.

Areas of Berks County that are eligible for a USDA Loan

Berks County Eligible Areas

Adamstown

Alleghenyville

Alsace Manor

Amity Gardens

Bally

Baumstown

Bechtelsville

Berkley

Berne

Bernville

Bethel

Birdland

Birdsboro

Blandon

Bowers

Boyertown

Centerport

Colonial Hills

Colony Park

Country Ridge Estates

Dauberville

Douglassville

Dryville

Eagle Point

Edenburg

Fleetwood

Flying Hills

Fox Chase

Fritztown

Frystown

Gibraltar

Glenside

Gouglersville

Greenfields

Grill

Hamburg

Hamburg Heights

Hampden Heights

Hancock

Hereford

Hinterleighter

Hyde Park

Jacksonwald

Jalappa

Kempton

Kirbyville

Kutztown

Laureldale

Leesport

Leinbachs

Lenhartsville

Lyons

Maxatawny

Mertztown

Mill Creek Corner

Mohns Hill

Mohrsville

Molltown

Montello

Montrose Manor

Morgantown

Moselem

Moselem Springs

Mount Aetna

New Berlinville

New Jerusalem

New Morgan

New Shaefferstown

Northmont

Oakbrook

Oakbrook Terrace

Oley

Orchard Hills

Oreville

Pennwyn

Rehrersburg

Robesonia

Scarlets Mill

Schofer

Schubert

Shartlesville

Shoemakersville

Springmont

Stouchsburg

Strausstown

Summit View

Temple

Topton

Upper Berne

Virginville

Walnuttown

Wernersville

West Hamburg

Womelsdorf

any obvious rural locations

Berks County USDA Income

The USDA sets income limts according to census data.  If your income is a littleabove the below listed figures, there are a few deductions that may help you qualify.

Berks County USDA Credit Rules

Your approval will be more streamlined if your credit score is at leat 640.  It is possible to get approved with credit scores less than 640, but your approval will be more scrutinized and you will need to document your current housing payment history by showing at least 12 months of timely payments through a checking account.

To explore all you need to know about buying a home in Berks County PA with the USDA loan program, feel free to reach out and call or visit Berks County USDA Loan.