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USDA Update! Population limits raised to 35,000!

Just got some inside scoop from friends at the USDA office.  Kyle, Hutto, Taylor, and Leander are not going away until after 2020 census because the population limit has been raised to 35,000.  (Previously 25,000 was the population limit.)  This is great news for affordability!  USDA loans are the most affordable or lowest down payment loans available in today’s market (aside from VA).  With the rising cost on FHA loans, more and more buyers are turning to USDA loans because the monthly mortgage insurance is one-third of the cost!  Can you say “affordability”?

John McClellan
Branch Manager
Supreme Lending
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