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Maximum Total Household Income Limit

The second most important factor is income eligibility. Income of ALL
household members must be calculated to determine
RD program eligibility.
 


Repayment ability will then be determined by the income of the person(s)  signing the Promissory Note and Real Estate Mortgage.




Rural Development Division - 848 Jesse Jewell Pkwy - Gainesville, GA 30501
Office Phone: (770) 503-0380 Fax: (678) 677-8004 Toll Free Phone: (877) 538-3393

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Homestar Financial Corporation, a Georgia Corporation, holds the following state licenses in order to make or broker mortgage loans or operate under a licensing exemption as described. Homestar Financial Corporation is licensed as a Nationally Approved USDA lender for the Rural Development Single Family Housing Guaranteed mortgage program, a HUD Correspondent Mortgagee, License No. 1897400009, Georgia Residential Mortgage Licensee # 17368, Florida Mortgage Lender License ML# 0700287, Tennessee Mortgage Broker Certification # 0000003245, North Carolina Mortgage Lender License # L-143335, operates under exemption from licensing in Alabama, and operates as a lender in South Carolina where licensing is not required.



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