If you are thinking about a home in the Empire State, you may be able to take advantage of the rural development home loan program. With the backing of the United States Department of Agriculture (USDA) behind them, these home loans are designed to make home buying easier, while simultaneously strengthening some of the state’s smaller areas.

Advantages of the New York USDA Loans Program include:

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

New York Areas that Qualify for a USDA Loan

While property in one of New York’s major cities will probably not qualify for a rural development loan, there are plenty of areas all over the state that do.

To be eligible, the property must be located outside of the city limits and have a population of less than 20,000 people. This means that while a home in the city is not USDA loan eligible, homes located right outside of the city might be. To find out, the experts at Consumer Real Estate Finance Co. are here to act as your guide. Please fill out the application on this page, or call one of our certified USDA loan agents at 1-866-854-4242.

New York USDA Loan Income Limits by County

When applying for a USDA or Rural Development Loan, New York residents must meet a few requirements. One of the usda eligibility restriction is maximum income limit. If the property is located within an eligible area, your annual income cannot exceed the current income limit set for that county.

Quick Scroll
STATE:NEW YORK PROGRAM 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
Albany-Schenectady-Troy, NY MSA
VERY LOW INCOME 30250 34600 38900 43200 46700 50150 53600 57050
Apply Now LOW INCOME 48350 55300 62200 69100 74650 80150 85700 91200
MOD.INC-GUAR.LOAN 99350 99350 99350 99350 131150 131150 131150 131150
Binghamton, NY MSA
VERY LOW INCOME 23450 26800 30150 33450 36150 38850 41500 44200
Apply Now LOW INCOME 37450 42800 48150 53500 57800 62050 66350 70600
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Buffalo-Cheektowaga-Niagara Falls, NY MSA
VERY LOW INCOME 26150 29900 33650 37350 40350 43350 46350 49350
Apply Now LOW INCOME 41850 47800 53800 59750 64550 69300 74100 78850
MOD.INC-GUAR.LOAN 85900 85900 85900 85900 113400 113400 113400 113400
Elmira, NY MSA
VERY LOW INCOME 24850 28400 31950 35500 38350 41200 44050 46900
Apply Now LOW INCOME 39750 45450 51100 56800 61350 65900 70450 75000
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Glens Falls, NY MSA
VERY LOW INCOME 25000 28600 32150 35700 38600 41450 44300 47150
Apply Now LOW INCOME 39950 45700 51400 57100 61650 66250 70800 75350
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Ithaca, NY MSA
VERY LOW INCOME 29500 33700 37900 42100 45500 48850 52250 55600
Apply Now LOW INCOME 47150 53900 60600 67350 72750 78150 83500 88900
MOD.INC-GUAR.LOAN 96800 96800 96800 96800 127800 127800 127800 127800
Kingston, NY MSA
VERY LOW INCOME 27750 31700 35650 39600 42800 45950 49150 52300
Apply Now LOW INCOME 44350 50700 57000 63350 68400 73500 78550 83600
MOD.INC-GUAR.LOAN 91050 91050 91050 91050 120200 120200 120200 120200
Nassau-Suffolk, NY HUD Metro FMR Area
VERY LOW INCOME 40850 46700 52550 58350 63050 67700 72400 77050
Apply Now LOW INCOME 61300 70100 78850 87600 94600 101600 108600 115650
MOD.INC-GUAR.LOAN 125950 125950 125950 125950 166250 166250 166250 166250
New York, NY HUD Metro FMR Area
VERY LOW INCOME 36550 41750 46950 52150 56350 60500 64700 68850
Apply Now LOW INCOME 58400 66750 75100 83450 90150 96800 103500 110150
MOD.INC-GUAR.LOAN 119950 119950 119950 119950 158350 158350 158350 158350
Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area
VERY LOW INCOME 33150 37850 42600 47300 51100 54900 58700 62450
Apply Now LOW INCOME 50350 57500 64700 71900 77650 83400 89150 94900
MOD.INC-GUAR.LOAN 103350 103350 103350 103350 136400 136400 136400 136400
Rockland County, NY HUD Metro FMR Area
VERY LOW INCOME 36900 42200 47450 52700 56950 61150 65350 69600
Apply Now LOW INCOME 58400 66750 75100 83450 90150 96800 103500 110150
MOD.INC-GUAR.LOAN 119950 119950 119950 119950 158350 158350 158350 158350
Westchester County, NY Statutory Exception Area
VERY LOW INCOME 41000 46850 52700 58550 63250 67950 72650 77300
Apply Now LOW INCOME 55650 63600 71550 79500 85850 92200 98600 104950
MOD.INC-GUAR.LOAN 114300 114300 114300 114300 150900 150900 150900 150900
Rochester, NY HUD Metro FMR Area
VERY LOW INCOME 25900 29600 33300 37000 40000 42950 45900 48850
Apply Now LOW INCOME 41450 47350 53300 59200 63950 68650 73400 78150
MOD.INC-GUAR.LOAN 85100 85100 85100 85100 112350 112350 112350 112350
Yates County, NY HUD Metro FMR Area
VERY LOW INCOME 22750 26000 29250 32450 35050 37650 40250 42850
Apply Now LOW INCOME 36350 41500 46700 51900 56050 60200 64350 68500
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Syracuse, NY MSA
VERY LOW INCOME 25950 29650 33350 37050 40050 43000 45950 48950
Apply Now LOW INCOME 41500 47450 53350 59300 64050 68800 73550 78300
MOD.INC-GUAR.LOAN 85250 85250 85250 85250 112550 112550 112550 112550
Utica-Rome, NY MSA
VERY LOW INCOME 22750 26000 29250 32500 35100 37700 40300 42900
Apply Now LOW INCOME 36400 41600 46800 52000 56150 60300 64500 68650
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Watertown-Fort Drum, NY MSA
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Allegany County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Cattaraugus County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Cayuga County, NY
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
Chautauqua County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Chenango County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Clinton County, NY
VERY LOW INCOME 23800 27200 30600 34000 36750 39450 42200 44900
Apply Now LOW INCOME 38100 43500 48950 54400 58750 63100 67450 71800
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Columbia County, NY
VERY LOW INCOME 26650 30450 34250 38050 41100 44150 47200 50250
Apply Now LOW INCOME 42650 48700 54800 60900 65750 70650 75500 80400
MOD.INC-GUAR.LOAN 87550 87550 87550 87550 115550 115550 115550 115550
Cortland County, NY
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
Delaware County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Essex County, NY
VERY LOW INCOME 24350 27800 31300 34750 37550 40350 43100 45900
Apply Now LOW INCOME 38900 44500 50050 55600 60050 64500 68950 73400
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Franklin County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Fulton County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Genesee County, NY
VERY LOW INCOME 23800 27200 30600 34000 36750 39450 42200 44900
Apply Now LOW INCOME 38100 43500 48950 54400 58750 63100 67450 71800
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Greene County, NY
VERY LOW INCOME 23650 27000 30400 33750 36450 39150 41850 44550
Apply Now LOW INCOME 37800 43200 48600 54000 58300 62650 66950 71300
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Hamilton County, NY
VERY LOW INCOME 22550 25800 29000 32200 34800 37400 39950 42550
Apply Now LOW INCOME 36050 41200 46350 51500 55600 59750 63850 68000
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Lewis County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Montgomery County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Otsego County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Schuyler County, NY
VERY LOW INCOME 22600 25800 29050 32250 34850 37450 40000 42600
Apply Now LOW INCOME 36100 41300 46450 51600 55750 59850 64000 68100
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Seneca County, NY
VERY LOW INCOME 23600 27000 30350 33700 36400 39100 41800 44500
Apply Now LOW INCOME 37750 43100 48500 53900 58200 62500 66850 71150
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
St. Lawrence County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Steuben County, NY
VERY LOW INCOME 22550 25750 28950 32150 34750 37300 39900 42450
Apply Now LOW INCOME 36000 41150 46300 51450 55550 59700 63800 67900
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Sullivan County, NY
VERY LOW INCOME 24600 28100 31600 35100 37950 40750 43550 46350
Apply Now LOW INCOME 39300 44900 50550 56150 60650 65150 69650 74100
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150
Wyoming County, NY
VERY LOW INCOME 23700 27050 30450 33800 36550 39250 41950 44650
Apply Now LOW INCOME 37850 43300 48700 54100 58450 62750 67100 71400
MOD.INC-GUAR.LOAN 82700 82700 82700 82700 109150 109150 109150 109150

Do you want more information? Learn more about Rural Development Loans in New York by contacting Consumer Real Estate Finance Co. today!