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Looking to buy in Monroe County, Alabama?
There are 52 USDA backed residential loans in Monroe county with an average loan balance of $90,865. Over 82% of the loans helped first time home buyers. Borrowers were an average age of 39 years old. The typical appraised home value was around $95,274. On average the rural home size purchased with this loan was approximately 1,654 SqFt. Monroe 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 $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.
View active real estate listings in the cities of Monroe County, AL
Axle • *Beatrice • Buena Vista • Chestnut • Chrysler • Claiborne • Drewry • Eliska • *Excel • Fountain • *Frisco City • Goodway • Halls Crossroads • Hybart • Jeddo • Keith • Manistee • *Megargel • Mexboro • Mexia • Mexia Crossing • Mineola • Monroeton • *Monroeville • Mount Pleasant • Nadawah • Natchez • Old Texas • Ollie • Packards Bend • Palmers Crossroads • Perdue Hill • *Peterman • Pine Orchard • Pineville • Renson • Riley • River Ridge • Scotland • Scratch Ankle • Tinela • Tunnel Springs • Turnbull • *Uriah • *Vredenburgh • Wainwright
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 Monroe County.