Do You Know How to Search For Current USDA Eligible Areas?
How do you find current USDA eligible areas?
As many of us know, a key part of the USDA eligibility process is being able to find a home that is located in a USDA eligible area. In today’s video, I will walk you through the process on how to find out if the home you want to buy is located in a USDA eligible area.
Also, if you have not yet done so, feel free to download our newest “USDA Blueprint for Success” with the link below. This educational resource is designed to walk you through the USDA process step-by-step and is great for both Realtors and homebuyers alike.
How do you search for USDA eligible homes?
As a quick update, USDA is in the process of finalizing their review of certain areas that will no longer be eligible under the USDA program. This review is scheduled to be completed by March 1st, 2018 along with updated area eligibility maps being published.
Once this become available, I will keep everyone up to date on which areas have been impacted along with further timing details.
Now, I realize there are certain counties that are currently completely eligible for the USDA program, but because of the pending review, it is good practice to know how to search for a USDA eligible home just in case you are working in areas where portions are and are not eligible.
For example purposes, let’s use the city of Land O Lakes FL for our eligibility search.
- You can access the USDA Property Eligibility page directly by clicking on the USDA Eligible Properties Search at the top of my blog or by clicking here.
- Next, click on “Single Family Housing Guaranteed” in the left hand corner;
- Then you will click on the “Accept” button in the lower right hand corner.
- Finally, you will enter the property address you are searching for and click the “go” button to the right.
Now as you can see by this search, the property is located in an eligible area.
However, if you go slightly to the east of this address, it become ineligible very quickly, so when looking at properties that are close to ineligible areas, having this eligibility map at your disposal is critical for success!
I founded Metroplex Mortgage Services way back in 2001 and on top of being a top ranked USDA Approved Lender, my team is known for our overall government loan expertise and helping walk homebuyers through the mortgage qualifying maze.
If you need help, that is what we are here for, just call or email to discuss your scenario and let us show you the “Metroplex” difference.
(800)806-9836 Ext. 280
With this in mind, now is a great time to get qualified for a USDA Loan due to the many benefits such as:
- 100% financing
- Flexible credit guidelines
- The ability to finance closing costs
- And much more….
As always, I want everyone to make it a great day and I look forward to seeing you right here for the next tip of the week!
Don’t forget to download our USDA blueprint for success with this link below: