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 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 USDA Eligibility for your 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:

Quick Scroll
STATE:ALABAMA PROGRAM 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Anniston-Oxford-Jacksonville, AL MSA
VERY LOW INCOME 19600 22400 25200 27950 30200 32450 34700 36900
Apply Now LOW INCOME 31300 35750 40250 44700 48300 51850 55450 59000
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Auburn-Opelika, AL MSA
VERY LOW INCOME 23100 26400 29700 32950 35600 38250 40900 43500
Apply Now LOW INCOME 36900 42150 47450 52700 56900 61150 65350 69550
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Birmingham-Hoover, AL HUD Metro FMR Area
VERY LOW INCOME 24650 28150 31650 35150 38000 40800 43600 46400
Apply Now LOW INCOME 39400 45000 50650 56250 60750 65250 69750 74250
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Chilton County, AL HUD Metro FMR Area
VERY LOW INCOME 19150 21850 24600 27300 29500 31700 33900 36050
Apply Now LOW INCOME 30600 34950 39350 43700 47200 50700 54200 57700
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Walker County, AL HUD Metro FMR Area
VERY LOW INCOME 18100 20700 23300 25850 27950 30000 32100 34150
Apply Now LOW INCOME 28950 33100 37200 41350 44650 47950 51250 54600
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Columbus, GA-AL MSA
VERY LOW INCOME 19600 22400 25200 28000 30250 32500 34750 37000
Apply Now LOW INCOME 31350 35850 40300 44800 48400 51950 55550 59150
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Daphne-Fairhope-Foley, AL MSA
VERY LOW INCOME 24000 27400 30850 34250 37000 39750 42500 45250
Apply Now LOW INCOME 38350 43850 49300 54800 59200 63550 67950 72350
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Decatur, AL MSA
VERY LOW INCOME 20550 23500 26450 29350 31700 34050 36400 38750
Apply Now LOW INCOME 32850 37550 42250 46950 50700 54450 58200 61950
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Dothan, AL HUD Metro FMR Area
VERY LOW INCOME 18800 21450 24150 26800 28950 31100 33250 35400
Apply Now LOW INCOME 30050 34300 38600 42900 46350 49750 53200 56650
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Henry County, AL HUD Metro FMR Area
VERY LOW INCOME 20450 23350 26250 29150 31500 33850 36150 38500
Apply Now LOW INCOME 32650 37300 42000 46650 50400 54100 57850 61600
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Florence-Muscle Shoals, AL MSA
VERY LOW INCOME 20150 23000 25900 28750 31050 33350 35650 37950
Apply Now LOW INCOME 32200 36800 41400 46000 49700 53350 57050 60700
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Gadsden, AL MSA
VERY LOW INCOME 19150 21900 24650 27350 29550 31750 33950 36150
Apply Now LOW INCOME 30650 35000 39400 43750 47250 50750 54250 57750
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Huntsville, AL MSA
VERY LOW INCOME 27550 31500 35450 39350 42500 45650 48800 51950
Apply Now LOW INCOME 44050 50350 56650 62950 68000 73000 78050 83100
MOD.INC-GUAR.LOAN 90500 90500 90500 90500 119450 119450 119450 119450
Mobile, AL MSA
VERY LOW INCOME 20950 23950 26950 29900 32300 34700 37100 39500
Apply Now LOW INCOME 33500 38300 43050 47850 51700 55500 59350 63150
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Montgomery, AL MSA
VERY LOW INCOME 22050 25200 28350 31450 34000 36500 39000 41550
Apply Now LOW INCOME 35200 40250 45250 50300 54300 58350 62350 66400
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Pickens County, AL HUD Metro FMR Area
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Tuscaloosa, AL HUD Metro FMR Area
VERY LOW INCOME 21550 24600 27700 30750 33250 35700 38150 40600
Apply Now LOW INCOME 34450 39350 44300 49200 53150 57050 61000 64950
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Barbour County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Bullock County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Butler County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Chambers County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Cherokee County, AL
VERY LOW INCOME 17750 20250 22800 25300 27350 29350 31400 33400
Apply Now LOW INCOME 28350 32400 36450 40500 43750 47000 50200 53450
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Choctaw County, AL
VERY LOW INCOME 17650 20150 22650 25150 27200 29200 31200 33200
Apply Now LOW INCOME 28200 32200 36250 40250 43450 46700 49900 53150
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Clarke County, AL
VERY LOW INCOME 17400 19900 22400 24850 26850 28850 30850 32850
Apply Now LOW INCOME 27850 31800 35800 39750 42950 46100 49300 52450
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Clay County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Cleburne County, AL
VERY LOW INCOME 18000 20600 23150 25700 27800 29850 31900 33950
Apply Now LOW INCOME 28750 32900 37000 41100 44400 47700 50950 54250
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Coffee County, AL
VERY LOW INCOME 22900 26200 29450 32700 35350 37950 40550 43200
Apply Now LOW INCOME 36600 41850 47050 52300 56500 60650 64850 69050
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Conecuh County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Coosa County, AL
VERY LOW INCOME 17900 20450 23000 25550 27600 29650 31700 33750
Apply Now LOW INCOME 28650 32700 36800 40900 44150 47450 50700 54000
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Covington County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Crenshaw County, AL
VERY LOW INCOME 18700 21400 24050 26700 28850 31000 33150 35250
Apply Now LOW INCOME 29900 34150 38450 42700 46100 49550 52950 56350
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Cullman County, AL
VERY LOW INCOME 18100 20650 23250 25800 27900 29950 32000 34100
Apply Now LOW INCOME 28900 33050 37150 41300 44600 47900 51200 54500
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Dale County, AL
VERY LOW INCOME 20850 23800 26800 29750 32150 34550 36900 39300
Apply Now LOW INCOME 33300 38100 42850 47600 51400 55200 59000 62850
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Dallas County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
DeKalb County, AL
VERY LOW INCOME 17350 19800 22300 24750 26750 28750 30700 32700
Apply Now LOW INCOME 27700 31700 35650 39600 42750 45950 49100 52250
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Escambia County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Fayette County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Franklin County, AL
VERY LOW INCOME 17550 20050 22550 25050 27100 29100 31100 33100
Apply Now LOW INCOME 28050 32100 36100 40100 43300 46500 49700 52950
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Greene County, AL
VERY LOW INCOME 19800 22600 25450 28250 30550 32800 35050 37300
Apply Now LOW INCOME 31650 36150 40700 45200 48800 52450 56050 59650
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Jackson County, AL
VERY LOW INCOME 18000 20550 23100 25650 27750 29800 31850 33900
Apply Now LOW INCOME 28750 32850 36950 41050 44350 47600 50900 54200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Lamar County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Macon County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Marengo County, AL
VERY LOW INCOME 17650 20150 22650 25150 27200 29200 31200 33200
Apply Now LOW INCOME 28200 32200 36250 40250 43450 46700 49900 53150
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Marion County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Marshall County, AL
VERY LOW INCOME 18450 21100 23750 26350 28500 30600 32700 34800
Apply Now LOW INCOME 29500 33700 37950 42150 45500 48900 52250 55650
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Monroe County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Perry County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Pike County, AL
VERY LOW INCOME 17250 19700 22150 24600 26600 28550 30550 32500
Apply Now LOW INCOME 27550 31500 35400 39350 42500 45650 48800 51950
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Randolph County, AL
VERY LOW INCOME 17200 19650 22100 24550 26550 28500 30450 32450
Apply Now LOW INCOME 27500 31450 35350 39300 42450 45600 48750 51900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Sumter County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Talladega County, AL
VERY LOW INCOME 17150 19600 22050 24500 26500 28450 30400 32350
Apply Now LOW INCOME 27450 31350 35300 39200 42350 45450 48600 51750
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Tallapoosa County, AL
VERY LOW INCOME 18250 20850 23450 26050 28150 30250 32350 34400
Apply Now LOW INCOME 29200 33350 37550 41700 45050 48350 51700 55050
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Washington County, AL
VERY LOW INCOME 19850 22700 25550 28350 30650 32900 35200 37450
Apply Now LOW INCOME 31750 36300 40800 45350 49000 52600 56250 59850
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Wilcox County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Winston County, AL
VERY LOW INCOME 17000 19400 21850 24250 26200 28150 30100 32050
Apply Now LOW INCOME 27150 31050 34900 38800 41900 45000 48100 51200
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150

 

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