USDA Loans · CO
USDA Rural Home Loans in Norwood, CO
0% down USDA financing in Norwood — no PMI, income-based eligibility, and one of the cheapest ways to buy in a USDA-eligible area.
Down Payment
$0
Monthly Total
$1,882/mo
Income Limit (1-4)
$142,800
vs FHA
Save —/mo
Is Norwood USDA-Eligible?
Yes — Norwood is USDA-eligible
Norwood, CO is a USDA Rural Development eligible community in SAN MIGUEL County. Agricultural heritage, low population density, and geographic distance from major urban cores qualify most Norwood properties for USDA guaranteed financing.
Eligibility is address-specific. We'll verify your target property against the USDA map before you write an offer.
Income Limits — SAN MIGUEL County
| Household Size | 2026 Income Limit |
|---|---|
| 1-4 person | $142,800 |
| 5-8 person | $188,496 |
USDA uses adjusted household income (after allowable deductions), not gross. Some earners above these limits still qualify after deductions.
USDA Monthly Payment — Norwood
| Typical purchase price | — |
| Down payment | $0 |
| Upfront guarantee fee (1%) | — (rolled into loan) |
| Monthly P&I | — |
| Annual fee (monthly) | —/mo |
| Monthly total | $1,882/mo |
Comparable FHA payment: —/mo. USDA saves ~—/month.
FAQs
Check USDA eligibility for Norwood
0% down, no PMI, and the cheapest monthly payment for eligible buyers.