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  1. – To be eligible for a USDA loan, applicants must meet the basic eligibility requirements set forth by the USDA, which cover credit, income, property usage and home location.

    Eligible Service Area | USDA – A rural area is any area that is not located in a city, town, or incorporated area that has a population of greater than 20,000 inhabitants or an urbanized area contiguous and adjacent to a city or town that has a population of greater than 50,000 inhabitants. Additional service area eligibility requirements include the following:

    USDA Loans : Eligible Geographic Areas | Mortgage Rates. – USDA Loan Eligibility Is Location-Based. These loans were created to spur economic development in less-dense areas of the U.S. (hence the "other" name – Rural Development, or RD loan). As such, buyers can use the loan within certain geographical boundaries as published on USDA’s eligibility maps.