Delaware USDA Rural Housing Loans Eligible Property Areas are Changing October 1, 2014
The eligible property areas for USDA rural housing loans in Delaware were suppose to change on October 1, 2014 when Rural Development was switching from using the 2000 US census date to determine eligibility based on population density to using the 2010 US Census. The current areas that are eligible which were no longer going to be eligible are Middletown, Delaware and Smyrna, Delaware. THE CHANGE WAS DELAYED UNTIL 2021!!
The USDA Rural Housing Loan offers 100% financing for borrowers looking to purchase homes in eligible areas that fall under the household income limit. The income limit is based on the number of people in the household and on which county the property is located in Delaware, Delaware USDA Loan 2013 Income Limits. The New Eligible Property Areas Map effective October 1, 2013 by county are displayed below: