This map of USDA eligibility can be used to locate homes that qualify for USDA assistance in your area.
Though USDA loans are commonly referred to as rural housing loans, they are not required to be used in the country or to purchase farmland.
In point of fact, you might be surprised to learn that such a large portion of the United States is actually qualified to receive these loans.
97% of U.S. land is located within USDA-eligible boundaries, according to the Housing Assistance Council.
These regions are home to approximately 109 million people, which is approximately a third of the total population of the United States.
Large cities and densely populated suburbs are ineligible for these loans, but many residents of nearby towns and cities may qualify.
According to the USDA's definition, a region is considered "rural" if it has a population of 35,000 people or fewer.
In order to qualify for financing through the USDA, a home's location needs to be in a "rural" part of the country.
What Constitutes a "Rural" Area, According to the USDA?
To determine rural areas, the USDA considers population, proximity to a major MSA, and mortgage credit availability.
Rural areas must fall into one of the three following categories:
A region with 10,001 to 20,000 residents isn't an MSA. Low- and moderate-income families lack mortgage credit.
If the area has a population of 20,000 to 35,000 people, it was once considered rural but lost that status in the 1990, 2000, or 2010 Censuses.
As you can see, the eligibility of a city (as well as a property) to receive USDA funding is determined by a variety of factors.