browse list of realtors working in Matanuska'Susitna Borough
Matanuska'Susitna borough has 1 usdaproperties.com realtor ready to help with your search!
August 2024 Featured Agent | |
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Sean Williams | from eXp Realty |
There are 1,369 USDA backed residential loans in Matanuska'Susitna borough with an average loan balance of $178,833. Over 79% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $185,436. On average the rural home size purchased with this loan was approximately 1,311 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. Matanuska'Susitna 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.
Start your search for USDA loan eligible properties in the cities of Matanuska'Susitna Borough, AK
* cities most likely to have USDA loan eligible properties for sale.
Alexander Creek • *Big Lake • *Buffalo Soapstone • *Butte • Caswell • *Chase • Chelatna Lodge • *Chickaloon • Chulitna • Colorado • Cottonwood • Curry • Eska • Eureka Roadhouse • *Farm Loop • *Fishhook • *Gateway • *Glacier View • Gold Creek • *Houston • Jonesville • Knik • *KnikFairview • *Knik River • *Lake Louise • *Lakes • *Lazy Mountain • *Meadow Lakes • *Palmer • Petersville • *Point MacKenzie • *Skwentna • Sunshine • Susitna • *Susitna North • Sutton • *SuttonAlpine • *Talkeetna • *Tanaina • *Trapper Creek • *Wasilla • *Willow • Willow Lake
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 Matanuska'Susitna Borough.
Matanuska-Susitna Borough, also known as "Mat-Su," is located in the south-central part of Alaska, in the United States. Covering an area of approximately 25,258 square miles, it is the third-largest borough in the state. With its seat in the city of Palmer, Mat-Su stretches from the Matanuska and Susitna Rivers to the Alaska Range and Talkeetna Mountains.
The historical background of the Matanuska-Susitna Borough can be traced back to the indigenous Athabascan peoples who have inhabited the region of Alaska for thousands of years. In the late 19th and early 20th centuries, gold prospectors, coal miners, and trappers ventured into this area, spurring further exploration and settlement.
Matanuska-Susitna Borough was officially established on January 1, 1964, upon the passing of the Alaska Statehood Act in 1959 when Alaska became the 49th state of the USA. Today, the borough is known for its agricultural, fishing, and tourism industries, as well as oil and gas exploration and development.
One fun fact about the Mat-Su region includes the Matanuska Valley Colony, a New Deal project initiated in 1935 by the U.S. government. To help struggling families during the Great Depression, the government relocated 203 families from the Midwestern and Northern United States to this area to form an agricultural colony. Many of these colonists were provided with a house, barn, and supplies to farm the fertile lands of the valley. The settlement is considered to be one of Alaska's most significant agricultural centers, and the region still celebrates its roots with the annual Alaska State Fair in Palmer.