 TITLE: What Is a USDA Loan? CONTENT: How to Qualify for a USDA Loan\n------------------------------\nYou are eligible to apply for a USDA loan if you meet the following requirements:\n*   You are a U.S. citizen or permanent resident.\n*   The property you wish to buy or renovate is located in an eligible rural or suburban area; its market value falls below designated limits for the area; and it will serve as your primary residence.\n*   You can show stable, dependable income sufficient to make the loan payments.\n*   Your income is sufficiently below local median income for your area and meets specific requirements dependent on the loan type and local median income.\n*   For USDA direct loans, the property you're intending to buy must be under 2,000 square feet in area.\n*   You don't own another home. END