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 29100 33250 37400 41550 44900 48200 51550 54850
Apply Now LOW INCOME 46550 53200 59850 66500 71800 77150 82450 87800
MOD.INC-GUAR.LOAN 95600 95600 95600 95600 126200 126200 126200 126200
Binghamton, NY MSA
VERY LOW INCOME 23000 26300 29600 32850 35500 38150 40750 43400
Apply Now LOW INCOME 36800 42050 47300 52550 56750 60950 65150 69350
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Buffalo-Cheektowaga-Niagara Falls, NY MSA
VERY LOW INCOME 23900 27300 30700 34100 36850 39600 42300 45050
Apply Now LOW INCOME 38200 43650 49100 54550 58900 63300 67650 72000
MOD.INC-GUAR.LOAN 78400 78400 78400 78400 103500 103500 103500 103500
Elmira, NY MSA
VERY LOW INCOME 22650 25850 29100 32300 34900 37500 40100 42650
Apply Now LOW INCOME 36200 41350 46550 51700 55850 59950 64100 68250
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Glens Falls, NY MSA
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 78200 78200 78200 78200 103200 103200 103200 103200
Ithaca, NY MSA
VERY LOW INCOME 27600 31550 35500 39400 42600 45750 48900 52050
Apply Now LOW INCOME 44150 50450 56750 63050 68100 73150 78200 83250
MOD.INC-GUAR.LOAN 90650 90650 90650 90650 119650 119650 119650 119650
Kingston, NY MSA
VERY LOW INCOME 27500 31400 35350 39250 42400 45550 48700 51850
Apply Now LOW INCOME 43950 50250 56500 62800 67800 72850 77850 82900
MOD.INC-GUAR.LOAN 90300 90300 90300 90300 119200 119200 119200 119200
Nassau-Suffolk, NY HUD Metro FMR Area
VERY LOW INCOME 38800 44350 49900 55400 59850 64300 68700 73150
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 33400 38200 42950 47700 51550 55350 59150 63000
Apply Now LOW INCOME 53400 61050 68650 76300 82400 88500 94600 100700
MOD.INC-GUAR.LOAN 109700 109700 109700 109700 144800 144800 144800 144800
Poughkeepsie-Newburgh-Middletown, NY HUD Metro FMR Area
VERY LOW INCOME 31300 35800 40250 44700 48300 51900 55450 59050
Apply Now LOW INCOME 47600 54400 61200 68000 73450 78900 84300 89750
MOD.INC-GUAR.LOAN 97750 97750 97750 97750 129050 129050 129050 129050
Rockland County, NY HUD Metro FMR Area
VERY LOW INCOME 36900 42200 47450 52700 56950 61150 65350 69600
Apply Now LOW INCOME 53400 61050 68650 76300 82400 88500 94600 100700
MOD.INC-GUAR.LOAN 109700 109700 109700 109700 144800 144800 144800 144800
Westchester County, NY Statutory Exception Area
VERY LOW INCOME 39000 44600 50150 55700 60200 64650 69100 73550
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 24050 27500 30950 34350 37100 39850 42600 45350
Apply Now LOW INCOME 38450 43950 49450 54950 59350 63750 68150 72550
MOD.INC-GUAR.LOAN 79000 79000 79000 79000 104300 104300 104300 104300
Yates County, NY HUD Metro FMR Area
VERY LOW INCOME 22300 25450 28650 31800 34350 36900 39450 42000
Apply Now LOW INCOME 35650 40700 45800 50900 54950 59050 63100 67200
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Syracuse, NY MSA
VERY LOW INCOME 24250 27700 31150 34600 37400 40150 42950 45700
Apply Now LOW INCOME 38750 44300 49800 55350 59800 64200 68650 73050
MOD.INC-GUAR.LOAN 79550 79550 79550 79550 105000 105000 105000 105000
Utica-Rome, NY MSA
VERY LOW INCOME 22050 25200 28350 31500 34050 36550 39100 41600
Apply Now LOW INCOME 35300 40300 45350 50400 54450 58450 62500 66550
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Watertown-Fort Drum, NY MSA
VERY LOW INCOME 22350 25550 28750 31900 34500 37050 39600 42150
Apply Now LOW INCOME 35750 40850 45950 51050 55150 59200 63300 67400
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Allegany County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Cattaraugus County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Cayuga County, NY
VERY LOW INCOME 23350 26650 30000 33300 36000 38650 41300 44000
Apply Now LOW INCOME 37300 42650 47950 53300 57550 61850 66100 70350
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Chautauqua County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Chenango County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
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 78200 78200 78200 78200 103200 103200 103200 103200
Columbia County, NY
VERY LOW INCOME 26250 30000 33750 37450 40450 43450 46450 49450
Apply Now LOW INCOME 41950 47900 53900 59900 64700 69500 74300 79050
MOD.INC-GUAR.LOAN 86100 86100 86100 86100 113650 113650 113650 113650
Cortland County, NY
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 78200 78200 78200 78200 103200 103200 103200 103200
Delaware County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Essex County, NY
VERY LOW INCOME 23200 26500 29800 33100 35750 38400 41050 43700
Apply Now LOW INCOME 37050 42350 47650 52950 57200 61400 65650 69900
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Franklin County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Fulton County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Genesee County, NY
VERY LOW INCOME 23700 27100 30500 33850 36600 39300 42000 44700
Apply Now LOW INCOME 37900 43300 48750 54150 58500 62800 67150 71500
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Greene County, NY
VERY LOW INCOME 22350 25550 28750 31900 34500 37050 39600 42150
Apply Now LOW INCOME 35750 40850 45950 51050 55150 59200 63300 67400
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
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 78200 78200 78200 78200 103200 103200 103200 103200
Lewis County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Montgomery County, NY
VERY LOW INCOME 22200 25400 28550 31750 34250 36800 39350 41900
Apply Now LOW INCOME 35550 40650 45700 50800 54850 58950 63000 67050
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Otsego County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Schuyler County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Seneca 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 78200 78200 78200 78200 103200 103200 103200 103200
St. Lawrence County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Steuben County, NY
VERY LOW INCOME 21900 25000 28150 31250 33750 36250 38750 41250
Apply Now LOW INCOME 35000 40000 45000 50000 54000 58000 62000 66000
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Sullivan County, NY
VERY LOW INCOME 22050 25200 28350 31500 34050 36550 39100 41600
Apply Now LOW INCOME 35300 40300 45350 50400 54450 58450 62500 66550
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200
Wyoming County, NY
VERY LOW INCOME 23350 26700 30050 33350 36050 38700 41400 44050
Apply Now LOW INCOME 37350 42700 48000 53350 57600 61900 66150 70400
MOD.INC-GUAR.LOAN 78200 78200 78200 78200 103200 103200 103200 103200

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