Marion County Ohio USDA Mortgage

What areas of Marion County, Ohio are eligible for the Rural Development USDA Mortgage Program?

Most of Marion County. Ohio is geographically eligible for the USDA Rural Development Loan program. The city of Marion itself is the only area of Marion County that is too densely populated and therefore Ineligible for the program. You do not have to travel too far outside of Marion to be back in a USDA eligible area, in fact some of the outskirts of Marion are eligible.

Some of the larger towns of Marion County, Ohio that are eligible for the No Down Payment USDA Mortgage Program includes Prospect, Caledonia, and LaRue.

 
 

USDA Eligible Areas in Marion County, Ohio

 

Eligible Cities & Towns

  • Bellaire Gardens

  • Big Island

  • Brush Ridge

  • Caledonia

  • Centerville

  • Claridon

  • Decliff

  • Espyville

  • Green Camp

  • Kirkpatrick

  • LaRue

  • Lynn

  • Martel

  • Meeker

  • Morral

  • New Bloomington

  • Oak Knoll

  • Owens

  • Prospect

  • Tobias

  • Waldo

  • other rural areas

 

Note: This list is an indicator of USDA Eligible Areas for Marion County, Ohio but does not necessarily include every possible eligible area. If you live in a rural area of Marion County, Ohio then you are located in a USDA eligible area for a Rural Development - No Down Payment - USDA mortgage.

Marion County, Ohio USDA Household Income Limits 

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If it appears your household income is too high, you may still qualify. The Ohio USDA Program allows for several deductions of expenses which may help your Household Income to fit within their Maximum Adjusted Income Guidelines.   

Deductions that lower your calculated USDA Household Income

 

  • $480 for every minor child residing in the household

  • $480 for every student living in the home who is not on the mortgage application

  • $400 for every disabled member of the household who is listed on the mortgage application

  • Documented Child Care Expenses for household members ages 12 and under

  • Documented Disability and Medical Expenses for members of the household aged 62 or older. This deduction is allowed only if this expense is more than 3% of the household income)