hey prescott.
See what you qualify for

USDA Single Family Housing Direct Loan (Florida)

Florida

Last verified
See what you qualify forOfficial program site →
Income limit

80% AMI

Of area median income; varies by county and household size

What is USDA Single Family Housing Direct Loan (Florida)?

USDA Single Family Housing Direct Loan (Florida) is a first mortgage for homebuyers in Florida.

  • USDA Direct Loan provides 100% financing directly from USDA to very low and low income buyers in rural Florida. Payment assistance subsidy can reduce effective interest rate to approximately 1%. Current rate (April 2026): 5.00% before subsidy.
  • Funding comes from Federal.

Do you have to pay it back?

USDA Single Family Housing Direct Loan (Florida) is a first mortgage and is repaid under the terms set by the administering agency.

  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

USDA Single Family Housing Direct Loan (Florida) is open to buyers who will live in the home as their primary residence.

The program requires

  • The home is occupied as a primary residence
  • A minimum 620 credit score

The program excludes

  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

USDA Single Family Housing Direct Loan (Florida) limits household income to 80% of the area median income, which varies by county and household size.

  • Very Low and Low Income only (generally below 50-80% AMI). Property must be in USDA-eligible rural area.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

USDA Single Family Housing Direct Loan (Florida) can be used for Single Family.

Where does it apply?

USDA Single Family Housing Direct Loan (Florida) serves buyers purchasing anywhere in Florida.

  • The program targets specific areas: USDA-designated eligible rural areas only.

How do you apply?

Applications for USDA Single Family Housing Direct Loan (Florida) go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Contact the administering agency to reserve funds

    Funds are reserved with the provider and are subject to availability.

  2. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

Learn this program

Short reads on how it works, in plain language. Free, no sign-up needed to read.

Free course from Hey Prescott

USDA Single Family Housing Direct Loan (Florida), explained

A short, free course on USDA Single Family Housing Direct Loan (Florida): what it is, who it is for, what the program sets and what your lender sets, where it applies and how to apply. Based on program data from July 2026. About ten minutes.

5 modules · About 10 minutes

Read the course

Other programs in Florida

See every program in Florida →

90-second match

Not sure which you qualify for?

Answer 9 questions and we'll match you to every program you can actually use — in about 90 seconds. No SSN, no credit pull.

Find my programs