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There are 216 USDA backed residential loans in Clark county with an average loan balance of $94,749. Over 79% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $97,855. On average the rural home size purchased with this loan was approximately 1,627 SqFt. Clark 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.
The size of Clark County is roughly 2,286 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Clark County is 7. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Clark County, AR
* cities most likely to have USDA loan eligible properties for sale.
Alpine • *Amity • *Arkadelphia • Barringer • Beirne • Boswell • Burtsell • *Caddo Valley • Clear Spring • Curtis • Daleville • De Gray • Dobyville • Fendley • Graysonia • Griffithtown • *Gum Springs • *Gurdon • Halfway • Haretown • Hollywood • Joan • Kansas • Lenox • Love Creek • Majors • Meeks Settlement • *Okolona • Red Springs • Shakertown • Smithton • Smyrna • Trace • Vaden • *Whelen Springs
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 Clark County.
Clark County is located in the southwestern region of the great state of Arkansas. Established on December 15, 1818, it was named in honor of William Clark, an American explorer and soldier who is best known for leading the Lewis and Clark Expedition along with Meriwether Lewis. The county seat, Arkadelphia, is well known for its two prominent educational institutions - Ouachita Baptist University and Henderson State University.
The history of Clark County includes a mix of indigenous settlement and European exploration. The area was first inhabited by Native American tribes, such as the Caddo, Quapaw, and Cherokee. The land became part of the United States as a result of the Louisiana Purchase in 1803.
During the 19th century, the county's economy was mainly driven by agriculture, especially cotton plantation. Arkadelphia also emerged as a center of trade and commerce, with the arrival of the Cairo and Fulton Railroad in 1873, increasing the economic viability of the region.
One interesting fun fact about Clark County is the story surrounding its Gurdon Ghost Light. It is a mysterious light visible along a stretch of railroad tracks outside of the city of Gurdon. The origins of the Gurdon Ghost Light are widely debated, with some attributing it to swamp gas, while others say it is the spirit of a murdered railroad worker still wandering the tracks. This mysterious light has attracted curiosity and fascination from both locals and visitors alike.