KENTUCKY USDA RURAL HOUSING ELIGIBILITY MAP FOR 2024

How to determine if property is in an eligible USDA area in Kentucky  enter address below: 👇👇👇👇 Kentucky Rural Housing USDA Loans A full list of income limits by county and household size are available on the Rural Development website at www.rd.usda.gov/ne under the Guarantee Loan Program and Direct Loan programs.  USDA Property Eligibility Text Description County List for Kentucky Select your county from the list below (Non-hyperlinked counties are all eligible). USDA Property Eligibility Text Description County List for Kentucky Select your county from the list below (Non-hyperlinked counties are all eligible).   1. Adair   2. Allen   3. Anderson   4. Ballard   5. Barren   6. Bath   7. Bell   8. Boone   9. Bourbon   10. Boyd   11. Boyle   12. Bracken   13. Breathitt   14. Breckinridge   15. Bullitt   16. Butler   17. Caldwell   18. Calloway   19. Campbell   20. Carlisle   21. Carroll   22. Carter   23. Casey   24. Christian   25. Clark   26. Clay   27. Clinton   28. Crittenden   29. Cumberland   30. Daviess   31. Edmonson   32. Elliott   33. Estill   34. Fayette (county is completely ineligible)   35. Fleming   36. Floyd   37. Franklin   38. Fulton   39. Gallatin   40. Garrard   41. Grant   42. Graves   43. Grayson   44. Green   45. Greenup   46. Hancock   47. Hardin   48. Harlan   49. Harrison   50. Hart   51. Henderson   52. Henry   53. Hickman   54. Hopkins   55. Jackson   56. Jefferson (county is completely ineligible)   57. Jessamine   58. Johnson   59. Kenton   60. Knott   61. Knox   62. Larue   63. Laurel   64. Lawrence   65. Lee   66. Leslie   67. Letcher   68. Lewis   69. Lincoln   70. Livingston   71. Logan   72. Lyon   73. McCracken   74. McCreary   75. McLean   76. Madison   77. Magoffin   78. Marion   79. Marshall   80. Martin   81. Mason   82. Meade   83. Menifee   84. Mercer   85. Metcalfe   86. Monroe   87. Montgomery   88. Morgan   89. Muhlenberg   90. Nelson   91. Nicholas   92. Ohio   93. Oldham   94. Owen   95. Owsley   96. Pendleton   97. Perry   98. Pike   99. Powell   100. Pulaski   101. Robertson   102. Rockcastle   103. Rowan   104. Russell   105. Scott  (Georgetown KY city limits not eligible after Oct. 1, 2023)   106. Shelby   107. Simpson   108. Spencer   109. Taylor   110. Todd   111. Trigg   112. Trimble   113. Union   114. Warren   115. Washington   116. Wayne   117. Webster   118. Whitley   119. Wolfe   120. Woodford https://kentuckyusdaloan.com/category/homes-for-sale-in-kentucky-by-usda/ Changes to the Eligibility of Certain Rural Areas Effective October 1, 2023 The new ineligible areas, resulting from the rural area review process, will become effective on October 1, 2023.  On October 1, 2023, the new ineligible area maps for the Rural Development Single Family Housing (SFH) and Multi-Family Housing programs will be updated to the USDA Income and Property Eligibility Site at https://eligibility.sc.egov.usda.gov.  The current maps will be moved to the "Previous Eligibility Areas" tab.     Single Family Housing Loan Guarantee Processing On October 1, 2023, all properties for new applications must be located in an eligible rural area based on the new eligibility maps.  However, a property that is located in an area being changed from rural to non-rural may be approved if all of the following conditions are met: The application is dated and received by the lender prior to October 1, 2023, and the Loan Estimate was issued by the lender within 3 days of application receipt. The applicant has a signed/ratified sales contract on a property that is dated prior to October 1, 2023.  Applicant meets all other loan eligibility requirements. If the property is located in an area being changed from rural to non-rural, lenders must provide Rural Development all of the following information in addition to all other required documentation.  For loans submitted via the Guaranteed Underwriting System (GUS), the documentation must be uploaded into the system. Copy of the signed/ratified and dated sales contract. Copy of the Loan Estimate issued to the applicant. Verification that the property was located in an eligible rural area prior to October 1, 2023.  Note: Maps of the “Previous Eligible Areas” (eligibility maps prior to October 1, 2023) will be available on the Eligibility site beginning October 1, 2023.  A printout of the map indicating the property address was previously eligible is acceptable. GUS underwriting recommendations will display an INELIGIBLE property determination for property that is no longer located in an eligible rural area.  The INELIGIBLE property determination is the second half of the GUS underwriting recommendation.  For example, an ACCEPT/INELIGIBLE underwriting recommendation will apply to a request where the applicant’s credit and capacity assessment is an ACCEPT (first part of the underwriting recommendation) however the property is located in an INELIGIBLE area (second part of the underwriting recommendation).  This does not prevent the lender from completing the final submission to Rural Development.  The Rural Development reviewer will be able to override the property eligibility determination when the lender has uploaded the required documentation noted above. To assist Rural Development in processing your loan guarantee request expeditiously, lenders should ensure the documentation noted above is submitted to Rural Development for review when requesting the guarantee.  Thank you for supporting the Single-Family Housing Guaranteed Loan Program!  Joel Lobb (NMLS#57916) Senior  Loan Officer Text/call 502-905-3708 kentuckyloan@gmail.com If you are an individual with disabilities who needs accommodation, or you are having difficulty using our website to apply for a loan, please contact us at 502-905-3708. Disclaimer: No statement on this site is a commitment to make a loan. Loans are subject to borrower qualifications, including income, property evaluation, sufficient equity in the home to meet Loan-to-Value requirements, and final credit approval. Approvals are subject to underwriting guidelines, interest rates, and program guidelines and are subject to change without notice based on applicant's eligibility and market conditions. Refinancing an existing loan may result in total finance charges being higher over the life of a loan. Reduction in payments may reflect a longer loan term. Terms of any loan may be subject to payment of points and fees by the applicant  Equal Opportunity Lender. NMLS#57916http://www.nmlsconsumeraccess.org/ Call TOLL FREE to speak with a USDA Loan Specialist 502-905-3708