USDA Loan Eligibility Search Tool
Check if a property near Evansville, IN qualifies for USDA 0% down payment financing
Check Property Eligibility
Use the official USDA eligibility map to search any address
How to Use the USDA Map:
- 1.Click the button above to open the official USDA eligibility map
- 2.Enter your property address in the search box on the USDA website
- 3.The map will show if the property is eligible (green/white) or ineligible (red/shaded)
- 4.Contact EDP Realty for help interpreting results and starting your application
Eligible Areas Near Evansville
Warrick County
- ✅ Boonville (entire town)
- ✅ Chandler (most areas)
- ✅ Newburgh (outskirts)
- ✅ Elberfeld, Lynnville, Tennyson
- ✅ Rural unincorporated areas
Posey County
- ✅ Mount Vernon (entire town)
- ✅ Poseyville, Wadesville
- ✅ New Harmony, Griffin
- ✅ Most rural areas
Gibson County
- ✅ Princeton (entire town)
- ✅ Fort Branch, Haubstadt
- ✅ Oakland City, Owensville
- ✅ Rural areas
NOT Eligible - Use Alternative Loans
Vanderburgh County
- ❌ Evansville (entire city)
- ❌ Darmstadt
- ❌ Most developed areas
Alternatives for Evansville:
Why USDA Loans Are Amazing
The best financing option for eligible properties
$0
Down Payment
Finance 100% of the purchase price
0.35%
Annual MI
Lower than FHA (0.55-0.85%)
$103K
Income Limit
For family of 4 (2025 limit)
USDA Loan Requirements
Do you qualify? Check these criteria
Property Location
Must be in USDA-designated rural area (use tool above to check)
Income Limits
Up to $103,500 for 1-4 people, $136,600 for 5-8 people (2025 Evansville area)
Credit Score
No minimum credit score required (though 640+ recommended for easier approval)
Primary Residence
Must be your primary home (not investment or vacation)
U.S. Citizenship
U.S. citizen, non-citizen national, or qualified alien
Debt-to-Income
Maximum 29% front-end, 41% back-end (flexible with compensating factors)
Cost Comparison: $200,000 Home
See how USDA compares to other loan types
| Loan Type | Down Payment | Upfront Fee | Monthly MI | Total Upfront Cash |
|---|---|---|---|---|
| USDA | $0 | $2,000 (financed) | $58 | ~$3,000-$5,000 |
| FHA | $7,000 | $3,500 | $117 | ~$12,000-$14,000 |
| Conventional | $10,000 | $0 | $100-150 | ~$13,000-$15,000 |
| VA (if eligible) | $0 | $4,300 | $0 | ~$3,000-$5,000 |
USDA offers the lowest out-of-pocket costs for non-veterans
Important: This tool connects you to the official USDA eligibility website. Final eligibility is determined by your lender and USDA underwriting. Contact EDP Realty for personalized assistance with USDA loans in the Evansville area.