Kentucky 2024 County Income Limits For USDA Rural Development Loan
Kentucky USDA loan income limits vary by location and household size with a base income-limit for the entire state of Kentucky,
The base USDA income limits are for most Kentucky counties below:
Kentucky USDA Mortgage Limits for Households with 1-4 members have different limits as households with 5-8. Similarly, applicants living in high-cost counties will have a higher income limit than those living in counties with a more average cost of living.
The base USDA income limits are formost
Kentucky counties below:
New Income limits for most counties (*) in Kentucky are $112,450 for a household family of four and household families of five or more can make up to $148,450 with the new changes for
2024 Kentucky USDA Income limits, the Jefferson County Louisville, KY Metro area (**) saw an increase of $112,450 for a family of four and up to $148,450 for a family of five or more. The metro area surrounding counties of Jefferson County includes Oldham, Bullitt, Spencer are included in these higher income limits for USDA loans.
Remember, the entire Jefferson County and Fayette County Kentucky counties are not eligible for USDA loans. Along with parts of the following counties Daviess (Owensboro), Mccracken (Paducah), Madison County, (Richmond), Clark County (Winchester), Warren (Bowling Green), Hardin (Fort Knox and Radcliff), Bullitt(Hillview, Maryville, Zoneton, Fairdale, Brooks), Franklin, (Frankfort), Henderson (Henderson City Limits), Christian County (Hopkinsville, Fort Campbell), Boyd County (Ashland city limits) and the most Northern Parts of Boone, Kenton, Campbell Counties of Northern Kentucky (Covington, Florence, Richwood, Hebron, Ludlow, Fort Thomas, Bellevue, Ryle, Beechwood, )
The Northern Kentucky Counties (***) of Boon, Kenton, Campbell, Bracken, Gallatin, and Pendleton are $120,550 for a household of four or less and up to $159,150 for a family of five or more.
USDA Eligible Areas in Northern Kentucky
Burlington
Hebron
Independence
Walton
Alexandria
Highland Heights
Cold Springs
Grant County
Owen County
Pendleton County
USDA Income Limits
Boone, Kenton & Campbell Counties (N. KY)
$120,550 (family size 1-4)
$159,150 (family size 5 or more)
Grant, Owen & Pendleton Counties (N. KY)
$112,450 (family size 1-4)
$148,450 (family size 5 or more)
Most are familiar with USDA Rural Housing Loan Program being a great no money down program available and it isnotjust forKentuckyfirst time buyers.
Remember, Jefferson County Kentucky, Fayette County Kentucky are not eligible for USDA loans.
Most are familiar with USDA Rural Housing Loan Program being a great no money down program available and it isnotjust forKentuckyfirst time buyers.
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Joel Lobb
Senior Loan Officer
(NMLS#57916)
text or call my phone:(502) 905-3708
email me at[email protected]
The view and opinions stated on this website belong solely to the authors, and are intended for informational purposes only. The posted information does not guarantee approval, nor does it comprise full underwriting guidelines. This does not represent being part of a government agency. The views expressed on this post are mine and do not necessarily reflect the view of my employer. Not all products or services mentioned on this site may fit all people.
NMLS ID# 57916, (www.nmlsconsumeraccess.org). USDA Mortgage loans only offered in Kentucky.
All loans and lines are subject to credit approval, verification, and collateral evaluation
