What is Kentucky  USDA Rural Development Guarantee?

Kentucky USDA Rural Development Guarantee USDA loans offer 100% financing options on home purchases in rural areas of Kentucky.  Properties though can be located within city limits and in subdivisions depending on population density of that particular County of Kentucky. Jefferson and Fayette Counties, the two largest counties of Kentucky are not eligible for Rural Development Loans.

The Kentucky Rural Development  loan program is primarily used to help low to moderate income individuals or households to purchase homes and the applicants need to be within 115% of the median income for the area. Most counties will allow up to $82,700 for a family of four and up to $109,200 for a family of five or more for household incomes to be eligible for RHS loans.

Some areas of Northern Kentucky you can make more than that: see below