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 credit for full-time students, a credit for those in the household under 18 years of age, child care expense credit, etc. If you aren't sure if you or your client are eligible, please call me at 850-424-6866 or email me.
Income Limits for Guaranteed Rural Housing Loan based on number of people in household:
1 Person: $50,850
2 Person: $58,100
3 Person: $65,400
4 Person: $72,650
5 Person: $78,450
6 Person: $84,250
7 Person: $90,100
8 Person: $95,900
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