USDA Rural Development Program

UPDATE: As of right now (3/14/2010) this program is out of funds...

we will update you when it becomes available!!

 

To learn more about this program, please contact Amy Procaccino with Gateway Funding:
Office: 609-586-0020 x 222
Email: AProcaccino@Gateway-Funding.com

 

Through the USDA Rural Development Program, 100% financing is still available.  With this program there is NO Mortgage Insurance Premium; however there are income limitations and the specific property needs to qualify based on location.  The following areas are ones we service and which are eligible*:

 

  Towns
Mercer County, NJ

Hopewell Borough and Township, Titusville, Pennington Borough, some Northern and Western sections of Princeton Township, Lawrenceville North of I-95**

 
Somerset County, NJ

Belle Meade, Skillman, Rocky Hill, Hillsborough, Montgomery, Branchburg, Bedminster, Far Hills, Peapack and Gladstone**

 
Hunterdon County, NJ

All of Hunterdon County including: Lambertville, East and West Amwell, Ringoes, Stockton, Delaware Township, Flemington, Frenchtown, Milford, Kingwood Township, Tewksbury, etc.**

 
Bucks County, PA

Parts of Upper Makefield/Washington Crossing, Wrightstown, Buckingham, New Hope, Solebury, and areas NW of New Hope-Solebury along river and West north of Doylestown**

 
  **NOTE: The aforementioned areas were determined after looking at the USDA website.  We do NOT guarantee the accuracy, or completeness of any information listed here and final determination of property eligibility must be made by Rural Development.

The income limitations are as follows:

For households up to and including 2 children: $92,000

For households with 3+ children: $120,000

To learn more about this program visit the USDA's website and to search specific property addresses use their mapping feature.  This can be accessed as follows:

  • CLICK HERE to go to the USDA website.
  • Once on the site look in the menu on the left side of screen.
  • Under the heading "Property Eligibility" click on the appropriate link.
  • When you accept the "Property Eligibility Disclaimer" you will be taken to a map and can search by clicking on the map or entering a specific property address.

To learn more about this program feel free to call Amy Procaccino with Gateway Funding: 609-596-0020 x 222 or email her at: AProcaccino@Gateway-Funding.com