Even though Delaware is one of the smallest states in this great nation, it still has a number of areas that the United States Department of Agriculture considers to be rural. So, if you are you are in the market to buy a home, why not look into the USDA Home Loan Program?

Backed by the U.S government, these no money down, fixed interest rate loans offer 100% financing on qualifying Delaware homes. And, with the help of the lending experts of Consumer Real Estate Finance Co., you may be able to make your dream of homeownership become a reality.

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

Delaware Areas that Qualify for a USDA Loan

Remember, your definition of “rural” and the USDA’s definition of “rural” may vary. So never assume that a property you are interested in does not qualify. To be USDA Loan Eligible, the area in which the property is located must be outside city limits and have less than 20,000 residents.

If you are in doubt, the experts here at Consumer Real Estate Finance Co.  can offer guidance. Fill out the application on this page, or call one of our certified USDA Loans Agent at 1-866-854-4242.


Delaware’s USDA Loan Income Limits by County

There are a couple of other restrictions that affect USDA Eligibility. These include credit history and income limits.

Credit History: The USDA Rural Development loan program does not have a strict credit score guideline. Rather, it evaluates your credit history in an effort to ascertain your willingness to meet repayment obligations.

Income Limits: If the home is in an eligible area, you must not exceed the current yearly USDA income limit set for your county. View the chart below for a list of Delaware USDA Loan Income Limits by county.

Quick Scroll
STATE:DELAWARE PROGRAM 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Dover, DE MSA
VERY LOW INCOME 24650 28200 31700 35200 38050 40850 43650 46500
Apply Now LOW INCOME 39400 45050 50650 56300 60800 65300 69800 74300
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA
VERY LOW INCOME 30600 35000 39350 43700 47200 50700 54200 57700
Apply Now LOW INCOME 48950 55900 62900 69900 75500 81100 86700 92250
MOD.INC-GUAR.LOAN 100500 100500 100500 100500 132650 132650 132650 132650
Sussex County, DE HUD Metro FMR Area
VERY LOW INCOME 24050 27500 30950 34350 37100 39850 42600 45350
Apply Now LOW INCOME 38450 43950 49450 54950 59350 63750 68150 72550
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 a Delaware USDA Loan, contact us today.