Finance
A Texas USDA Guaranteed loan has a maximum income limit. This limit is based on:
AThe borrower's credit score
BThe household income relative to the area median income for the county where the property is located✓ Correct
CThe purchase price of the property
DThe number of people in the household only
Explanation
USDA income limits for the Guaranteed Rural Housing program are based on household income as a percentage of the Area Median Income (AMI) for the specific county or area. Limits vary by county and household size.
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