Ethan, Home Owner in 17313

Is there a loan limit on a USDA loans in Pennsylvania?

Asked by Ethan, 17313 Fri Mar 9, 2012

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7
Tyeshalia, Home Buyer, San Jose, CA
Mon Jun 13, 2016
There is no set maximum amount for a USDA Rural Development Loan. However, the total amount a person can borrow depends on a number of factors, including:

Value of Home
Monthly Income
Debt to Income Ratio

In most cases, the maximum amount available for a USDA Loan will be equal to 100% of the appraised value of the home.

http://USDALenders.org
1 vote
USDAMTGHUB, Other Pro, Valdosta, GA
Tue Jun 14, 2016
No loan amount limit, the max you can borrow is based on your debt to income ratios.

thank you,
USDA Mortgage Hub
100% USDA Rural Housing Loans
Serving all 50 states
Ph: 800-691-8826 (7 days a week)
http://www.UsdaMortgageHub.com
0 votes
, ,
Tue Jun 14, 2016
Hello everyone i can help with a loan at good rates.
Web Reference:  http://www.geraldhenning.com
0 votes
Eric Trissel, Mortgage Broker Or Lender, Wyomissing, PA
Fri Apr 6, 2012
I specialize in USDA loans and live in PA. The question you have to ask yourself is, "Does my income qualify?". If you are asking about a USDA loan limit you need to be more concerned with the income limits.

I have never seen a file that was restricted by any type of loan limit. The income restrictions just wont allow it to happen. Find info for USDA loans for the state of PA below.
0 votes
Jim Simms, Mortgage Broker Or Lender, Louisville, KY
Sat Mar 10, 2012
Not only are there loan limits there are income limits as well. And there are geographical limits, and limits on this, that, it is a niche product… I would follow the advice of my Realtor, if you are not working with one that is the first step, hook up with one you trust. Have your Realtor introduce you to the loan officer they trust the most. Gather all of the support documents that will be needed to apply for a loan and meet with the LO face-to-face, have them walk you through the process and options available, good luck, home this helps,
0 votes
Benny Smith, Agent, Pittsburgh, PA
Sat Mar 10, 2012
Yes,
The only way to know what applies to you is get qualified and look at the areas that you are interested in. Another number to look at is the max income limits.
0 votes
Sajy Mathew, Agent, Lancaster, PA
Fri Mar 9, 2012
$186K in York county is the most current info I could find. Where are you looking to move? If I can help you further feel free to contact me at sajy@sajymathew.com. Also check out my website for great information on the buying process. http://www.sajymathew.com

Also a great way to search for homes in on our new company website, http://www.cbsp.com! Check it out!

Sajy Mathew
Coldwell Banker Select Professionals
0 votes
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