As an approved USDA Home Lender, Consumer Real Estate Finance Co. is excited to bring the option of 100% financing, no money down loans to the citizens of Alabama. At the Consumer Real Estate Finance Co. we realize that many citizens of the proud Yellowhammer state are limited by the options of a traditional home loan. This is what makes the USDA Loan program so exciting. These government backed loans, with their flexible credit limits and low interest rates, are making the dream of homeownership become a reality for many of Alabama’s residents.

Advantages of USDA Home Loans include:

• No Maximum Loan Amount on Alabama Property
• Flexible Credit Guidelines for Qualifying Alabama Residents
• Low Fixed Interest Rates
• Both New and Existing Properties May Qualify

Alabama Areas that Qualify for a USDA Loan

There are some restrictions placed on property eligibility. For instance, in order to qualify for a USDA Loan, the property in question must be located within an approved area.

The good news is that while eligible USDA homes are restricted to rural areas, there is a surprisingly large number of qualifying areas located throughout the great state of Alabama – some of which lie directly outside of major cities like Huntsville and Montgomery. Qualifying area property guidelines include:

  • Being located outside a major metropolitan area
  • Having a population of less than 20,000 residents

For more info, fill out the application on this page, or call one of our certified USDA loan agents at 1-866-854-4242.

Alabama’s USDA Loan Income Limits by County

Another limit placed on qualifying for a USDA loan includes income. As noted by the chart below, your yearly income cannot exceed the amount set by the USDA for the county in which you are purchasing property:

STATE:ALABAMA PROGRAM 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Anniston-Oxford AL MSA VERY LOW INCOME 18600 21250 23900 26550 28700 30800 32950 35050
LOW INCOME 29750 34000 38250 42500 45900 49300 52700 56100
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Auburn-Opelika AL MSA VERY LOW INCOME 22050 25200 28350 31500 34050 36550 39100 41600
LOW INCOME 35300 40300 45350 50400 54450 58450 62500 66550
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Birmingham-Hoover AL MSA VERY LOW INCOME 22000 25150 28300 31400 33950 36450 38950 41450
LOW INCOME 35200 40200 45250 50250 54250 58300 62300 66350
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Chilton County AL HUD Metro FMR Area VERY LOW INCOME 18600 21250 23900 26550 28700 30800 32950 35050
LOW INCOME 29750 34000 38250 42500 45900 49300 52700 56100
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Walker County AL HUD Metro FMR Area VERY LOW INCOME 17050 19500 21950 24350 26300 28250 30200 32150
LOW INCOME 27250 31150 35050 38950 42050 45200 48300 51400
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Columbus GA-AL MSA VERY LOW INCOME 18350 20950 23550 26150 28250 30350 32450 34550
LOW INCOME 29300 33500 37650 41850 45200 48550 51900 55250
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Decatur AL MSA VERY LOW INCOME 19650 22450 25250 28050 30300 32550 34800 37050
LOW INCOME 31450 35900 40400 44900 48500 52100 55700 59250
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Dothan AL MSA VERY LOW INCOME 18200 20800 23400 25950 28050 30150 32200 34300
LOW INCOME 29050 33200 37350 41500 44800 48150 51450 54800
VERY LOW INCOME 74750 74750 74750 74750 98650 98650 98650 98650
Henry County AL HUD Metro FMR Area VERY LOW INCOME 17750 20250 22800 25300 27350 29350 31400 33400
LOW INCOME 28350 32400 36450 40500 43750 47000 50200 53450
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Florence-Muscle Shoals AL MSA VERY LOW INCOME 18800 21500 24200 26850 29000 31150 33300 35450
LOW INCOME 30050 34350 38650 42950 46400 49800 53250 56700
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Gadsden AL MSA VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Huntsville AL MSA VERY LOW INCOME 25100 28700 32300 35850 38750 41600 44500 47350
LOW INCOME 40150 45900 51600 57350 61950 66550 71100 75700
MOD.INC-GUAR.LOAN 82450 82450 82450 82450 108850 108850 108850 108850
Mobile AL MSA VERY LOW INCOME 18900 21600 24300 26950 29150 31300 33450 35600
LOW INCOME 30150 34500 38800 43100 46550 50000 53450 56900
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Montgomery AL MSA VERY LOW INCOME 21550 24600 27700 30750 33250 35700 38150 40600
LOW INCOME 34450 39350 44300 49200 53150 57050 61000 64950
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Tuscaloosa AL MSA VERY LOW INCOME 19800 22600 25450 28250 30550 32800 35050 37300
LOW INCOME 31650 31650 40700 45200 48800 52450 56050 59650
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Baldwin County VERY LOW INCOME 22200 25400 28550 31700 34250 36800 39350 41850
LOW INCOME 35500 40550 45650 50700 54750 58800 62850 66900
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Barbour County VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Bullock County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Butler County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Chambers County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Cherokee County AL VERY LOW INCOME 17750 20250 22800 25300 27350 29350 31400 33400
LOW INCOME 28350 32400 36450 40500 43750 47000 50200 53450
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Choctaw County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Clarke County AL VERY LOW INCOME 16950 19350 21750 24150 26100 28050 29950 31900
LOW INCOME 27050 30900 34800 38650 41750 44850 47950 51000
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Clay County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Cleburne County AL VERY LOW INCOME 16800 19200 21600 24000 25900 27850 29750 31700
LOW INCOME 26900 30700 34550 38400 41450 44550 47600 50700
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Coffee County AL VERY LOW INCOME 20650 23600 26550 29450 31850 34200 36550 38900
LOW INCOME 32950 37700 42400 47100 50850 54650 58400 62150
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Conecuh County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Coosa County AL VERY LOW INCOME 17850 20400 22950 25450 27500 29550 31600 33600
LOW INCOME 28500 32550 36650 40700 43950 47200 50450 53700
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Covington County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Crenshaw County AL VERY LOW INCOME 18350 20950 23550 26150 28250 30350 32450 34550
LOW INCOME 29300 33500 37650 41850 45200 48550 51900 55250
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Cullman County AL VERY LOW INCOME 18100 20650 23250 25800 27900 29950 32000 34100
LOW INCOME 28900 33050 37150 41300 44600 47900 51200 54500
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Dale County AL VERY LOW INCOME 19800 22600 25450 28250 30550 32800 35050 37300
LOW INCOME 31650 36150 40700 45200 48800 52450 56050 59650
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Dallas County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
DeKalb County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Escambia County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Fayette County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Franklin County AL VERY LOW INCOME 17300 19750 22200 24650 26650 28600 30600 32550
LOW INCOME 27600 31550 35500 39450 42600 45750 48900 52050
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Jackson County AL VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Lamar County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Macon County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Marengo County AL VERY LOW INCOME 16750 19150 21550 23900 25850 27750 29650 31550
LOW INCOME 26800 30600 34450 38250 41300 44350 47450 50500
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Marion County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Marshall County AL VERY LOW INCOME 18000 20550 23100 25650 27750 29800 31850 33900
LOW INCOME 28750 32850 36950 41050 44350 47600 50900 54200
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Monroe County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Perry County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Pickens County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Pike County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Randolph County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Sumter County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Talladega County AL VERY LOW INCOME 17150 19600 22050 24500 26500 28450 30400 32350
LOW INCOME 27450 31350 35300 39200 42350 45450 48600 51750
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Tallapoosa County AL VERY LOW INCOME 18050 20600 23200 25750 27850 29900 31950 34000
LOW INCOME 28850 32950 37100 41200 44500 47800 51100 54400
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Washington County AL VERY LOW INCOME 19650 22450 25250 28050 30300 32550 34800 37050
LOW INCOME 31450 35900 40400 44900 48500 52100 55700 59250
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Wilcox County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650
Winston County AL VERY LOW INCOME 16700 19050 21450 23800 25750 27650 29550 31450
LOW INCOME 26650 30500 34300 38100 41150 44200 47250 50300
MOD.INC-GUAR.LOAN 74750 74750 74750 74750 98650 98650 98650 98650

 

Remember, Consumer Real Estate Finance Co. is here to answer all your questions. For help applying for an Alabama USDA Loan, contact us today.