No money down
For starters, a USDA loan is one of the only loan programs offered to the general public that allows you to finance 100% of your home’s value. That means no down payment of any kind!
North Carolina USDA Loans
My state-specific information
Eligibility Requirements – North Carolina
North Carolinian’s use of the USDA loan program ranks among the top of the charts. The average household income limits for a USDA home loan in the state of North Carolina are around $110,650 for a 1-4 person household. The income limits can be as high as $153,500 depending which county you are looking to purchase in. There is a link below to search the USDA home loan income limits per counties for the state of North Carolina.
The map below shows the USDA loan eligible areas for the entire state of North Carolina. As you can see the majority of North Carolina qualifies for USDA financing. Go to the USDA property eligibility screen for more specific information.
USDA home loan income limits per counties for the state of North Carolina:
USDA Home Loan Income Limits North Carolina
- NO down payment – Finance 100% of your home
- NO maximum loan amount in North Carolina.
- NO assets needed to qualify
- Flexible credit guidelines
- Competitive, fixed interest rates so payments do not increase
- USDA Loans are for new and existing properties
Start your North Carolina USDA home loan now! Just fill out this quick form to get started & a USDA loan specialist will contact you with your options.
What areas are eligible?
USDA Eligibility Map – North Carolina
USDA Home Loan Features
Great interest rates
USDA loans are made even more affordable through very competitive fixed interest rates, ensuring your payments will not increase every month.
Need a 620 credit score
USDA Loans .Net requires a middle credit score of at least 620. If you are close, apply and we can help.
Affordable 30 year terms
USDA home loans also offers affordable 30 year terms. If you are a first time home buyer, or not, a USDA loan is the perfect fit.
Roll in your closing costs
A USDA loan allows you to finance in your closing costs up to the appraised value. Making the USDA loan the only mortgage on the market with this ability.
Apply today
Start your USDA Loan now! It only takes 30 seconds to see if you qualify.
New Applicants: For questions about a mortgage application currently in process, please reach out to your Mortgage Loan Officer. If you are not sure who your Mortgage Loan Officer is, please email our Mortgage Help Desk at mortgagehelpdesk@magnoliabank.com. Customer Feedback: For complaints or to provide feedback, please email complaints@magnoliabank.com.
