USDA Rural Areas may be changing

Mortgage and Lending with CMG Home Loans NMLS 248937

USDA announced it is reviewing the Rural Areas, It appears that in NJ we may lose a few eligible areas.

Every 5 years USDA does a review and adjusts the designated areas of eligibility. 

Why is this important? USDA is one of the BEST ways to purchase a home with no down payment.  There are geographical restrictions and income limits, but at the end of the day- they are reasonable and offer buyers an option for a great market interest rate and No PMI, just an inexpensive Guarantee fee that is a fraction of typical Mortgage insurance.

In NJ these are the areas we may lose eligibility:

I have highlighted the ones I feel will hurt the most, and common areas I use the USDA program for my clients.

If you are curious about other areas of the country that are facing changes you can see the full list HERE

The changes are tentatively planned to be effective October 2, 2023. 


Please keep me in mind if you are looking for a Mortgage in NJ, I'd be happy to discuss options with you. I can also help guide you in Most other states for a mortgage or an Equity Loan as well; ( Everywhere but UT) 

Give me a call.

Robert Rauf 
Mortgage Loan Originator NMLS# 248937
or my blog: 
Office: (732)908-4868  Cell (732)740-0175

Since 1987 I have been helping my clients fulfill their dream of home ownership! HomeBridge Financial Services, Formerly REMN, HomeBridge Financial Services is located at 9 Grand Ave, Building 2 Suite A Toms River, NJ 08753. NMLS #6521. New Jersey Licensed Lender and Mortgage Banker #L041053. Visit or for more information. NJ Mortgages, New Jersey Mortgages, Mortgages in NJ, mortgage in New Jersey, Mortgages in New Jersey, Toms River NJ 08753, Toms River NJ 08755, Brick NJ 08723, Brick NJ 08724 Mortgage in Ocean County NJ, Mortgage in Monmouth County NJ, Jackson NJ 08527, Howell NJ 07731, Lacey 08731 08734, Beachwood 08722 Bayville 08721, 

Lise Howe
Keller Williams Capital Properties - Washington, DC
Assoc. Broker in DC, MD, VA and attorney in DC

This is defnitely something we should all be aware of - because the USDA impacts all of us

Mar 28, 2023 09:28 AM
Robert Rauf
CMG Home Loans - Toms River, NJ

Lise Howe It certainly can be an impact!!  but even in areas where we use it often we see agents either not know about it or not understand it . 

Mar 28, 2023 09:31 AM
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

Robert, I still have never done a USDA loan, after going into my 27th year!

Mar 28, 2023 01:37 PM
Robert Rauf
CMG Home Loans - Toms River, NJ

  Joan Cox its a great program!  In Denver it isnt available, but outside of Denver it is.

Mar 28, 2023 01:42 PM
Joan Cox

I may have a rural buyer in the works right now, we shall see!

Mar 28, 2023 01:43 PM