Loan Programs

USDA/Rural Development Loans in Jeffersonville, IN

Indiana, Kentucky & Florida’s #1 Source For Your Mortgage Needs

USDA / Rural Development Loans - 100% Financing

USDA / Rural Development loans are a great option if you’d like to live out under the stars and away from the hustle and bustle of the city. Sometimes this is referred to as the USDA Single Family Housing Guaranteed Loan Program. 

If you have a minimum credit score of 620, your properties address qualifies for the loan program, and your annual income fits within the income limits …. then you are well on your way to a new home.  As an added bonus USDA Rural Development loans are available with NO MONEY DOWN! 

To see if an address qualifies please check the USDA loan map which can be found here. Be sure to let us know if you have any questions on how to use site. 

The USDA loan income limits with the RD Single Family Housing Guaranteed Loan Program can be found in this document. This will provide some high-level information on these income limits to see if you qualify. The income limits vary by state and the Mod. Inc-Guar. Loan is the row to review. Please note that the State of Indiana starts on page 78, the State of Kentucky starts on page 109, and the State of Florida starts of page 44.

Remember we provide USDA loans in Florida, Indiana, and Kentucky. 

Bankruptcy, short sale, or foreclosure can cause a wrinkle in your credit, but it’s not a deal breaker when it comes to buying a new home. A new home via a USDA/Rural Development loan can be possible in as little as one year after Chapter 13 bankruptcy. While Chapter 7 bankruptcy, foreclosure, or short sale would push you out to three years. Our team is ready, willing, and able to discuss the next steps toward homeownership. 

  • Chapter 13 = 1 year
  • Chapter 7 = 3 years
  • Foreclosure = 3 years
  • Short sale = 3 years


Click here to view a loan comparison sheet. 

Is a USDA loan or Rural Development loan the right loan for you!?! Give us a call at 812-941-0926 and we can discuss with you. We want to make sure that the property and your income is just right! 

"Home Ownership Is The Cornerstone of a Strong Community"

Rick Renzi