Princeton, TX is considered a rural area, which means if you’re looking for a new home in our new Morning Ridge community and fall within the specified income bracket, you may qualify for a USDA Rural Home Loan zero down purchase option. The USDA Single Family Housing Guaranteed Loan Program for Collin County is based on an income of $88,750 or less for a household of 1‑4 and an income of $117,150 or less for a household of 5‑8. Other qualifying factors are considered for eligibility of the loan, including a willingness and ability to repay the debt. Cavender Homes makes no guarantee of the availability or eligibility of a home buyer. All USDA zero down loans must be sought and secured through the approved Texas lenders for the program.

Additional information about eligibility and lenders for a USDA Rural Home Loan can be found in the following attachments.

USDA Rural Home Loans Direct Program

Guaranteed Rural Home Loan Income Limits

Texas Approved Lenders