Separate USDA Loan for Each Spouse?

[Ryan Shaw]

Prior to getting married, I purchased a home by myself with a USDA loan.  To this day my wife is not on the loan or title.  We still have this house and use it as a rental, USDA loan is still in place (no refinancing).  That was 3 years ago.  Now, married with our first child, we want to buy another home and would like to use the USDA program.  However it is our understanding you can only have one outstanding USDA loan at a time (we're aren't relocating a great distance).

Question - Can my wife utilize our combined income and/or a cosigner to qualify for a USDA loan solely in her name given that I already have a USDA loan by myself?

To my knowledge, we meet all the other USDA requirements in terms of geographic location, total household income, etc.  Just curious to know if each spouse can hold a loan independently?  Insight from someone who works with this program would be much appreciated.