New York USDA Home Loan

The USDA Home Loan Program offers 100% home financing for those who meet certain income and credit requirements and are financing properties in USDA designated areas. Use the map and tables below to determine your eligibility. Use the contact form to the right to request additional information.
New York USDA Home Loan Location Eligibility

The New York USDA Home Loan Program restricts the location of eligible properties. The dark orange areas of the map indicate ineligible locations. The table indicates counties that contain ineligible properties. - 

 new-york-usda-home-loans

Albany Clinton Kings Niagara Queens Suffolk
Bronx Cortland Madison Oneida Rensselaer Tompkins
Broome Dutchess Monroe Onondaga Richmond Ulster
Cayuga Erie Montgomery Ontario Rockland Warren
Chautauqua Fulton Nassau Orange Saratoga Westchester
Chemung Jefferson New York Oswego Schenectady
*If you see your county listed, you may still be eligible. To request additional information, use the contact form on the side of the page. - - -

Step 1 - Calculate your qualifying income based on the USDA income guidelines.

Adjusted Gross Income Calculator

STEP 1 - Determine your Income
What is the combined gross annual income of all applicants?
STEP 2 - Determine your Deductions
How many children under the age of 18 live in the home?
How many disabled or handicapped individuals who are not the applicant or co-applicant live in the home?
How many full time students 18 years of age or older live in the home?
How many people 62 years of age or older live in the home?
What are the documentable medical expenses for family members 62 years of age or older living in the home?
What are the documentable childcare expenses for children 12 years of age or older living in the home?
  
Your Household's Adjusted Gross Income

 

Step 2 - Refer to the table below to see if your income falls within the UDSA guidelines.

New York USDA Home Loan Income Eligibility

The New York USDA Home Loan Program has income eligibility restrictions. Below are the maximum income limits for USDA Home Loans. Find the area in which you would like to purchase a home. Maximum allowable incomes depend on whether you have a 1-4 or 5-8 person household. The USDA allows certain deductions to help you qualify. View The USDA Home Loan Applicant Eligibility Page to determine your adjusted income. Or, use the contact form to the right to request additional information. 

 

Location 1 to 4 5 to 8   Location 1 to 4 5 to 8   Location 1 to 4 5 to 8
Albany-Schenectady-Troy, NY $85,250 $112,550 Westchester County, NY Statutory Exception Area $107,900 $142,450 Greene County, NY $73,600 $97,150
Binghamton, NY $73,600 $97,150 Allegany County, NY $73,600 $97,150 Hamilton County, NY $73,600 $97,150
Buffalo-Niagara Falls, NY $73,600 $97,150 Cattaraugus County, NY $73,600 $97,150 Jefferson County, NY $73,600 $97,150
Elmira, NY $73,600 $97,150 Cayuga County, NY $73,600 $97,150 Lewis County, NY $73,600 $97,150
Glens Falls, NY $73,600 $97,150 Chautauqua County, NY $73,600 $97,150 Montgomery County, NY $73,600 $97,150
Ithaca, NY $82,600 $109,050 Chenango County, NY $73,600 $97,150 Otsego County, NY $73,600 $97,150
Kingston, NY $80,150 $105,800 Clinton County, NY $73,600 $97,150 St. Lawrence County, NY $73,600 $97,150
Nassau-Suffolk, NY $105,950 $139,850 Columbia County, NY $75,200 $99,250 Schuyler County, NY $73,600 $97,150
New York, NY $88,350 $116,600 Cortland County, NY $73,600 $97,150 Seneca County, NY $73,600 $97,150
Poughkeepsie-Newburgh-Middletown, NY $92,000 $121,450 Delaware County, NY $73,600 $97,150 Steuben County, NY $73,600 $97,150
Rochester, NY $76,500 $101,000 Essex County, NY $73,600 $97,150 Sullivan County, NY $73,600 $97,150
Rockland County, NY $92,000 $121,450 Franklin County, NY $73,600 $97,150 Wyoming County, NY $73,600 $97,150
Syracuse, NY $73,600 $97,150 Fulton County, NY $73,600 $97,150 Yates County, NY $73,600 $97,150
Utica-Rome, NY $73,600 $97,150 Genesee County, NY $73,600 $97,150

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USDA