USDA Loans in Tennesse

Are you thinking about buying a home in the great state of Tennessee? Well, if you are looking to purchase that property in a more rural area – someplace like Crocket or McMinn County, you may want to consider a USDA Loan. Backed by the United States Department of Agriculture, these “no money down” loans are helping add a little peace of mind to the home buying process.

Benefits of a USDA Home Loan include:

  • 100% Financing up to the appraised value
  • No private mortgage insurance for qualifying Tennessee homes
  • Flexible Tennessee credit qualifications
  • No Tennessee loan amount limitations

Tennessee Rural Development Loans – Not Just for Farmers

Take the note that the USDA Rural Development Loan Program is not solely intended for Tennessee farmers. Instead, it is intended to help smaller communities grow and thrive. Areas located all over Tennessee qualify, some of which are located just outside of major metropolitan areas.

To be USDA Loan Eligible, the Tennessee property must be outside of city limits and located in an area of less than 20,000 residents. For more information on Tennessee Rural Development Loans, please fill out the application on this page, or call one of our certified USDA loan agents at 1-866-854-4242.

Tennessee’s USDA Loan Income Limits by County

Eligibility restrictions for Tennessee USDA Loans also include the county and zip code the property resides in, as well as, your past credit history and number of dependents.

In addition, because they are designed for families with moderate to lower incomes, the income of homebuyers looking into a Tennessee Rural Development Home Loan cannot exceed their county’s set limit:

Tennessee USDA Loan Adjusted Maximum Income Limits by County
Updated 05/01/2009

County Name    

1-4 Person Households
(Guaranteed Loans)

5-8 Person Households 
(Guaranteed Loans)

KNOXVILLE, TN (MSA)

ANDERSON

$73,600

$97,150

SHELBYVILLE, TN (MICRO)

BEDFORD

$73,600

$97,150

NON-METRO

BENTON

$73,600

$97,150

NON-METRO

BLEDSOE

$73,600

$97,150

KNOXVILLE, TN (MSA)

BLOUNT

$73,600

$97,150

CLEVELAND, TN (MSA)

BRADLEY

$73,600

$97,150

LA FOLLETTE, TN (MICRO)

CAMPBELL

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

CANNON

$74,600

$98,450

NON-METRO

CARROLL

$73,600

$97,150

JOHNSON CITY, TN (MSA)

CARTER

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

CHEATHAM

$74,600

$98,450

JACKSON, TN (MSA)

CHESTER

$73,600

$97,150

NON-METRO

CLAIBORNE

$73,600

$97,150

NON-METRO

CLAY

$73,600

$97,150

NEWPORT, TN (MICRO)

COCKE

$73,600

$97,150

TULLAHOMA, TN (MICRO)

COFFEE

$73,600

$97,150

NON-METRO

CROCKETT

$73,600

$97,150

CROSSVILLE, TN (MICRO)

CUMBERLAND

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

DAVIDSON

$74,600

$98,450

NON-METRO

DECATUR

$73,600

$97,150

NON-METRO

DEKALB

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

DICKSON

$74,600

$98,450

DYERSBURG, TN (MICRO)

DYER

$73,600

$97,150

MEMPHIS, TN-MS-AR (MSA)

FAYETTE

$73,600

$97,150

NON-METRO

FENTRESS

$73,600

$97,150

TULLAHOMA, TN (MICRO)

FRANKLIN

$73,600

$97,150

HUMBOLDT, TN (MICRO)

GIBSON

$73,600

$97,150

NON-METRO

GILES

$73,600

$97,150

MORRISTOWN, TN (MSA)

GRAINGER

$73,600

$97,150

GREENEVILLE, TN (MICRO)

GREENE

$73,600

$97,150

NON-METRO

GRUNDY

$73,600

$97,150

MORRISTOWN, TN (MSA)

HAMBLEN

$73,600

$97,150

CHATTANOOGA, TN-GA (MSA)

HAMILTON

$73,600

$97,150

NON-METRO

HANCOCK

$73,600

$97,150

NON-METRO

HARDEMAN

$73,600

$97,150

NON-METRO

HARDIN

$73,600

$97,150

KINGSPORT-BRISTOL-BRISTOL, TN-VA (MSA)

HAWKINS

$73,600

$97,150

BROWNSVILLE, TN (MICRO)

HAYWOOD

$73,600

$97,150

NON-METRO

HENDERSON

$73,600

$97,150

PARIS, TN (MICRO)

HENRY

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

HICKMAN

$73,600

$97,150

NON-METRO

HOUSTON

$73,600

$97,150

NON-METRO

HUMPHREYS

$73,600

$97,150

COOKEVILLE, TN (MICRO)

JACKSON

$73,600

$97,150

MORRISTOWN, TN (MSA)

JEFFERSON

$73,600

$97,150

NON-METRO

JOHNSON

$73,600

$97,150

KNOXVILLE, TN (MSA)

KNOX

$73,600

$97,150

NON-METRO

LAKE

$73,600

$97,150

NON-METRO

LAUDERDALE

$73,600

$97,150

LAWRENCEBURG, TN (MICRO)

LAWRENCE

$73,600

$97,150

NON-METRO

LEWIS

$73,600

$97,150

NON-METRO

LINCOLN

$73,600

$97,150

KNOXVILLE, TN (MSA)

LOUDON

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

MACON

$74,600

$98,450

JACKSON, TN (MSA)

MADISON

$73,600

$97,150

CHATTANOOGA, TN-GA (MSA)

MARION

$73,600

$97,150

LEWISBURG, TN (MICRO)

MARSHALL

$73,600

$97,150

COLUMBIA, TN (MICRO)

MAURY

$73,600

$97,150

ATHENS, TN (MICRO)

MCMINN

$73,600

$97,150

NON-METRO

MCNAIRY

$73,600

$97,150

NON-METRO

MEIGS

$73,600

$97,150

NON-METRO

MONROE

$73,600

$97,150

CLARKSVILLE, TN-KY (MSA)

MONTGOMERY

$73,600

$97,150

TULLAHOMA, TN (MICRO)

MOORE

$73,600

$97,150

NON-METRO

MORGAN

$73,600

$97,150

UNION CITY, TN-KY (MICRO)

OBION

$73,600

$97,150

COOKEVILLE, TN (MICRO)

OVERTON

$73,600

$97,150

NON-METRO

PERRY

$73,600

$97,150

NON-METRO

PICKETT

$73,600

$97,150

CLEVELAND, TN (MSA)

POLK

$73,600

$97,150

COOKEVILLE, TN (MICRO)

PUTNAM

$73,600

$97,150

NON-METRO

RHEA

$73,600

$97,150

HARRIMAN, TN (MICRO)

ROANE

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

ROBERTSON

$74,600

$98,450

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

RUTHERFORD

$74,600

$98,450

NON-METRO

SCOTT

$73,600

$97,150

CHATTANOOGA, TN-GA (MSA)

SEQUATCHIE

$73,600

$97,150

SEVIERVILLE, TN (MICRO)

SEVIER

$73,600

$97,150

MEMPHIS, TN-MS-AR (MSA)

SHELBY

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

SMITH

$74,600

$98,450

CLARKSVILLE, TN-KY (MSA)

STEWART

$73,600

$97,150

KINGSPORT-BRISTOL-BRISTOL, TN-VA (MSA)

SULLIVAN

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

SUMNER

$74,600

$98,450

MEMPHIS, TN-MS-AR (MSA)

TIPTON

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

TROUSDALE

$73,600

$97,150

JOHNSON CITY, TN (MSA)

UNICOI

$73,600

$97,150

KNOXVILLE, TN (MSA)

UNION

$73,600

$97,150

NON-METRO

VAN BUREN

$73,600

$97,150

MCMINNVILLE, TN (MICRO)

WARREN

$73,600

$97,150

JOHNSON CITY, TN (MSA)

WASHINGTON

$73,600

$97,150

NON-METRO

WAYNE

$73,600

$97,150

MARTIN, TN (MICRO)

WEAKLEY

$73,600

$97,150

NON-METRO

WHITE

$73,600

$97,150

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

WILLIAMSON

$74,600

$98,450

NASHVILLE-DAVIDSON–MURFREESBORO, TN (MSA)

WILSON

$74,600

$98,450

 
Consumer Real Estate wants to help you realize your dream of home ownership. For help applying for a Tennessee USDA Loan, contact us today.



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