Florida home buyers can still find many locations in the state eligible for 100% USDA financing. Even some suburban locations surrounding Jacksonville – like St. John County. Or Tampa – Sun City, Ruskin, Odessa, Land O Lakes. Even locations surrounding Orlando, Gainesville, and Tallahassee, etc. The current USDA housing map for Florida can be seen in this provided Eligibility link. All of the lighter shaded areas on the map are still considered approved locations for the rural housing program.
Home buyers should remember, in order to purchase a home with the USDA loan, the house must be in a defined rural location according to USDA. Since the maps aren’t updated that much, many locations buyers would not think as “rural” are actually still approved. The seller of the property is not important, just where the house is located.
Home buyers interested in learning about all the loan qualifying requirements will find the list of frequently asked questions helpful. The USDA programs still offer the following advantages for approved home buyers:
- No Down Payment.
- Home buyers are not required to be “first time buyers”
- Competitive 30 yr fix rates.
- No saving requirements.
- The home seller can pay buyers closing costs.
- Pre approvals are done same day. No special class needed to apply.
Have questions or need assistance? please call us above or just submit the Info Request on this page.