What is the maximum income level for borrowers to qualify for USDA assistance?

The maximum income level for borrowers to qualify for USDA assistance typically aligns with 115% of the area median income. This threshold is designed to ensure that assistance is directed toward those with low to moderate incomes who may struggle to secure adequate housing in rural areas. The USDA aims to promote homeownership in rural communities, and by setting the limit at 115%, it allows a broader range of potential borrowers access to the benefits provided by USDA loans.

By targeting this specific percentage, the USDA can help bridge the gap for families who earn a little more than what would traditionally be categorized as 'low income' but still may not have the financial resources necessary to afford a home within their means. Additionally, maintaining this standard helps the USDA fulfill its mission of improving the quality of life in rural America by expanding housing opportunities.