Pennsylvania Mortgage News: August 2010

your guide to the Pennsylvania Mortgage Market * Programs * Rates * Information *

100% USDA Mortgage in Perry County, Pennsylvania

Looking to buy a home in Perry County, Pennsylvania?

You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage, also known as a Pennsylvania USDA Rural Development Loan.

Here's Why...

USDA home loans offer a few benefits that other mortgage programs cannot match, including no down payment and financed closing cost. If the home appraisal allows, the closing costs can also be wrapped into the mortgage resulting in no money needed at the closing table.

USDA is the only mortgage program that allows for all closing costs to be financed into the loan amount on a home purchase. Interest rates for USDA mortgages are comparable and often lower than the low fixed rates of Conventional, FHA and VA financing.

The USDA Mortgage program does have restrictions when it comes to location and income, so a quick check on this key qualifying criteria should be done first.

USDA Mortgage Perry County Pennsylvania

Perry County Pennsylvania Mortgage



         Benefits of the USDA Mortgage Program

  • True 100% no money down financing.
  • The ability to finance in your closing costs (if the appraised value supports the loan amt)
  • The seller may contribute up to 6% of the purchase price towards your closing costs
  • Low fixed interest rates.
  • More flexible credit qualifying guidelines with minimum 620 credit score
  • Often available for properties in towns and suburbs too


What areas of Perry County are eligible for USDA Financing?

ALL of Perry County is zoned as USDA eligible.

USDA Eligible Areas in Perry County include...

  • Acker
  • Alinda
  • AndersonburgDuncannon Pennsylvania Mortgage
  • Bailey
  • Blain
  • Bixler
  • Bridgeport
  • Center Square
  • Centerville
  • Centre
  • Cisna Run
  • Couchtown
  • Cove
  • Crums Corners
  • Dellville
  • Donnally Mills
  • Dromgold
  • Duncannon
  • Elliottsburg
  • Erly
  • EshcolMarysville Pennsylvania Mortgage
  • Falling Spring
  • Fort Robertson
  • Glenvale
  • Gramere
  • Half Falls
  • Ickesburg
  • Juniata Furnace
  • Keystone
  • Kinkora Heights
  • Kistler
  • Landisburg
  • Little Germany
  • Liverpool
  • Losh Run
  • Loysville
  • Mannsville
  • Markelsville
  • Marysville
  • McKee
  • Mecks Corner
  • MillerstownNewport Pennsylvania Mortgage
  • Milltown
  • Montebello
  • Montgomery Ferry
  • Mount Patrick
  • Mount Pleasant
  • Nekoda
  • New Bloomfield
  • New Buffalo
  • New Germantown
  • Newport
  • Oakgrove
  • Old Ferry
  • Perdix
  • Pfoutz Valley
  • Pine Grove
  • Reward
  • Rose Glen
  • Roseburg
  • Saville
  • SeyocPerry County Pennsylvania
  • Shermans Dale
  • Stony Point
  • Sundy Place
  • Wahneta
  • Walnut Grove
  • Wardville
  • Wila
  • all areas




What are the USDA Mortgage Income Limits for Perry County?

Household Size:                                         1-4 Family Members                    5 or more Family Members

Maximum Adjusted Income                            $74,050                                            $97,750


If at first glance, it appears your household income exceeds the above limits, it is worth checking the USDA Income Calculator on the USDA website (link below). The USDA allows for several deductions which may allow your Household Income to fit within their Maximum Adjusted Income Guidelines.

USDA Income Eligibility Worksheet



Ok, the Property is in a USDA Eligible Area and your Household Income is within the USDA Income Limits, now what?

Like all mortgages, USDA Mortgages do require an applicant to qualify based on recent credit history. USDA credit requirements are some of the most flexible of any mortgage program available. More detailed information about USDA Mortgage Credit Requirements can be found with the link below...

USDA Credit Requirements



For buyers looking to purchase a home in Perry County Pennsylvania, the USDA Rural Development Mortgage is definitely worth a look. Feel free to contact me with any further questions about the program.



Keith Landis is a Licensed Mortgage Loan Officer covering all of Pennsylvania.  He can be reached directly at 412-567-6560 at 

NMLS # 137243 

Keystone Home Finance LLC - NMLS# 834342


read about USDA Mortgages in Pennsylvania at...


Comment balloon 0 commentsKeith Landis • August 24 2010 02:15PM
100% USDA Mortgage in Perry County, Pennsylvania
Looking to buy a home in Perry County, Pennsylvania You might want to make a quick check to see if you and the property are eligible for a Pennsylvania USDA Mortgage also known as a Pennsylvania USDA Rural… more