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Looking to buy in Lamar County, Alabama?
There are 66 USDA backed residential loans in Lamar county with an average loan balance of $87,069. Over 83% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $90,984. On average the rural home size purchased with this loan was approximately 1,747 SqFt. Lamar county 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. Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.
Search listings in the cities of Lamar County, AL
* cities most likely to have USDA loan eligible properties for sale.
*Beaverton • Crews • *Detroit • Fernbank • Henson Springs • Hightogy • *Kennedy • Kingville • *Millport • Molloy • Moscow • Pine Springs • *Sulligent • *Vernon
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 Lamar County.