Somerset County USDA Loan
What areas of Somerset County are eligible for the USDA Mortgage Program?
The USDA has zoned ALL of Somerset County as geographically eligible for their USDA Rural Development Loan. The largest towns in Somerset County, Pennsylvania that are eligible for a USDA loan are Windber, Meyersdale, Berlin, Friedens, Rockwood, Stoystown, Central City, Hollsopple, and county seat of Somerset.
Somerset County USDA Eligible Areas
all other areas
Elk Lick Township
Lower Turkeyfoot Township
Upper Turkeyfoot Township
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 Somerset County, Pennsylvania is located in a USDA Eligible Area.
Somerset County 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)