McKean County Pennsylvania USDA Loan


What areas of McKean County are eligible for the USDA Mortgage Program?

The USDA has zoned ALL of McKean County as geographically eligible for their USDA Rural Development Mortgage Program. The largest towns in McKean County, Pennsylvania that are eligible for a USDA loan include Bradford, Kane, Port Allegany, Foster Brook, Mount Jewett, and the county seat of Smethport.


To check to see if a specific home in McKean County, Pennsylvania is USDA Eligible call 717-745-8380 or email USDA@keystonehomefinance.com



USDA Eligible Areas in McKean County, Pennsylvania

 
  • Bradford

  • Coryville

  • Crosby

  • Custer City

  • Cyclone

  • Derrick City

  • Duke Center

  • East Kane

  • East Smethport

  • Eldred

  • Gifford

  • Hazel Hurst

  • Kane

  • Keating Summit

  • Kendall Creek

  • Lewis Run

  • Ludlow

  • Mount Jewett

  • Ormsby

  • Port Allegany

  • Rew

  • Rixford

  • Smethport

  • Turtlepoint

  • Westline

  • all other areas

 

Note: This list is an indicator of USDA Eligible Areas for the County but does not necessarily include every possible eligible area. If you do not see your town listed, feel free to contact us to double check. All of McKean County, Pennsylvania is located in a USDA Eligible Area.


McKean County Pennsylvania USDA Household Income Limits 

Income table.png

If your Income exceeds the figures listed here, you may still qualify. The USDA allows for several deductions which may allow your Household Income to fit within their Maximum Adjusted Income Guidelines.   

Deductions to reduce your USDA Household Income Calculation

 
  • $480 for each minor child living in the household

  • $480 for any student living in the household who is not on the mortgage application

  • $400 for each disabled household member who is not on the mortgage application

  • Documented Child Care Expenses for household members under the age of 13

  • Documented Medical/Disability Expenses for household members age 62 or older (this deduction is allowable if the expense exceeds 3% of the household income)