There are just three main reasons that will limit you from receiving a rural development loan, a very high income which is generally not a common cause for many people, a home located in deep within the city which doesn't affect many homes either and a very low credit score accompanied by lack of stable income which causes any people to miss out. Here is an overview of the rules: Income The income level for a household to qualify is limited to 115 percent of the median income of your area. However you should have a minimum of 24 months stable income prior to application to qualify. Your income should be able to cover all overheads including taxes and insurance which will take up to 29 percent of your monthly income for the total installment including the principal. A maximum of 41 percent of your monthly income is laid on all your debt payments and should not be exceeded meaning you should not have many outstanding loans. The income is calculated per head on all inc