USDA Home loans are amazing loans.  There are some parts of Redding where the USDA loan is can be eligible.  The USDA Loan is available in Anderson, Cottonwood, Shasta Lake City, Palo Cedro and other parts of Shasta & Tehema County.  The USDA loan map is attached below.  After clicking on the USDA Home Loan Map input the property address to see if the specific property is eligible.

If choosing betweet the USDA loan and the FHA loan there is NO comparasin.  Here are some of the benefits of the USDA loan compared to the FHA loan

1. USDA Loans have very little Monthly Mortgage Insurance.
2. USDA loans do not require a down payment. 
3. USDA loans have the same low interest rates.  And sometimes lower.
4. USDA loan can be used in some parts of the City or Redding, Ca.

In Shasta County the maximum Household income limit for USDA loans for a family size of 2 is $74,000.  The limit goes up based on how many people are in the household.  If the borrower pays for Day Care he or she can deduct the amount of monthly day care from the total household income.  This helps to reduce the total overall household income for USDA qualification.  

Q.  Does USDA allow for Pools or Inground Pool?

A.  YES USDA does allow for an inground pool as long as the appraiser when he appraises the home does not include the inground pool in the property value.  If the house has a pool talk with your real estate agent to make sure the property will appraise for the purchase price without including the value of the pool in the appraisal report.

Q. What is Maximum Income Limits for the USDA Loan?

A. USDA income limits for the Guarantee loan depends on the county that the home is in.  In shasta county the income limit for a family size of 1-4 is $74,050.  For a family size of 5-8 is $97,750

Q. Does USDA allow for a Detached Garage?

A.  Yes USDA does allow for a detached garage.  USDA however does not allow a barn that might house animals or other farming equipment.