Pike County USDA Loan
What areas of Pike County are eligible for the USDA Mortgage Program?
The USDA has zoned ALL of Pike County as geographically eligible for their USDA Rural Development Loan. The largest towns in Pike County, Pennsylvania that are eligible for a USDA loan include Saw Creek, Hemlock Farms, Pocono Woodland Lakes, Pine Ridge, Gold Key Lake, Matamoras, and the county seat of Milford.
USDA Eligible Areas in Pike County, Pennsylvania
USDA Eligible Towns
Fawn Lake Forest
Forest Lake Park
Gold Key Lake
Lake in the Clouds
Lake Wallenpaupack Estate
Pocono Mountain Lake Estates
Pocono Mountain Woodland Lakes
Pocono Ranch Lands
Sky View Lake
all other areas are eligible
USDA Eligible Townships
Blooming Grove Township
Note: This list is an indicator of USDA Eligible Areas for Pike 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 Pike County, Pennsylvania is located in a USDA Eligible Area.
Pike County Pennsylvania USDA Household Income Limits
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)