Home Mortgage & Refinancing Serving Locations Throughout New York State
Call us Today: 518-782-1202

USDA Area Updates and Income Updates

As some of you may have read, changes to eligible communities were going to take place through the USDA Rural Development Program.

We have received communication from Chase Rural Housing that there will be no rural-designated area changes at this time.  The earliest implementation date for changes to existing rural areas will be March 27th, 2013.  We will continue to keep you updated.

The Chase Rural Housing release also stated that there are no current changes to the household income limits.

As of October 2012 – Current Income Limits

County

1-4 Person

5-8 Person

  • Albany
  • Saratoga
  • Schenectady
  • Troy

 

$89,850

 

$118,600

  • Glens Falls
  • Fulton County
  • Montgomery
  • Warren County
  • Binghamton

 

$74,750

 

$98,650

  • New York, NY
  • Rockland County

$95,450

$126,000

Contact us for a complete list of program income limits!

Think Mortgage… Think Maple Tree

Posted in Mortgage & Refinance Programs on Tuesday, October 16, 2012 by Maple Tree Funding