According to a recent lender notice, a direct final rule was published by the Federal Register to simplify the USDA Rural Housing income limit structure. These income changes will become effective January 20, 2009 UNLESS adverse comments are received by January 5, 2009.
Until final acceptance and implementation of these proposed new income limits, the current limits below will be utilized.
For more information about the USDA Guaranteed Rural Housing Program, please contact DOUG CAPPS at (662) 429-5100. Fairway Independent Mortgage Corporation, 224 West Commerce St, Hernando, MS, "A MS and TN Licensed Mortgage Company"