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Find USDA Eligible Properties in Dillingham Borough
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There are 7 USDA backed residential loans in Dillingham borough with an average loan balance of $231,664. Over 100% of the loans helped first time home buyers. Borrowers were an average age of 47 years old. The typical appraised home value was around $231,857. On average the rural home size purchased with this loan was approximately 1,505 SqFt. The state of Alaska determines loan eligibility income limits based on road access to the property. If the property has road access then a household of upto 4 people has an income limit of $114,400 and a household of between 5 and 8 people has a limit of $151,000. Otherwise, if the property has no road access, a household of upto 4 people has a income limit is $172,000 and a household of between 5 and 8 people has an income limit is $227,000. Dillingham borough applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
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Start your search for USDA loan eligible properties in the cities of Dillingham Borough, AK 
* cities most likely to have USDA loan eligible properties for sale.
*Aleknagik • *Clarks Point • *Dillingham • Ekuk • *Ekwok • Igushik • Kashiagamiut • Knugank • *Koliganek • *Manokotak • Nelsonville • New Koliganek • *New Stuyahok • Nunachuak • Nushagak • Portage Creek • *Togiak • *Twin Hills • Ungalikthluk • Wood River
A USDA loan is a mortgage option available to eligible homebuyers that is sponsored by the United States Department of Agriculture to promote homeownership in rural communities. USDA Loans, sometimes called "RD Loans," offer 100% financing options on eligible rural properties. USDAProperties can help you find USDA properties in Dillingham Borough.
View the detailed USDA boundaries and read about general conditions of
Dillingham Borough, Alaska
.Dillingham Borough, located in the southwestern part of the great state of Alaska, was named after U.S. Senator Paul Dillingham. The area was initially inhabited by Indigenous people, specifically the Yup'ik and the Dena'ina Athabascans, with the first Russian settlers arriving in the 19th century. Dillingham was officially incorporated as a city in 1963.
In 1881, the first American trading post in the nearby Nushagak River was established by E. W. Nelson of the Alaska Commercial Company. The arrival of this trading post attracted more people to the area, and during the late 19th and early 20th centuries, many significant events occurred. The building of the first cannery in Bristol Bay in 1883 led to rapid growth in the fishing industry.
Dillingham experienced a destructive influenza outbreak in 1919, often referred to as the Spanish Flu. This epidemic ravaged the local Native population, with approximately 40% of Alaskan Natives perishing during this tragic period.
Today, Dillingham Borough's economy is primarily based on fishing, with salmon being a significant industry product. Commercial fishing and fish-processing businesses create many job opportunities, and the region also attracts tourists and recreational fishermen.
Fun fact: Dillingham Borough claims the title of the "Walleye Capital of the World," attracting anglers from across the globe who are eager to catch massive walleyes that thrive in these Alaskan waters.
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