Looking to buy in Saint Francis County, Arkansas?
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.
Start your search for USDA loan eligible properties in the cities of Saint Francis County, AR
* cities most likely to have USDA loan eligible properties for sale.
Belle Meade • Blackfish • Blossom • Bonair • *Caldwell • Cicalla • *Colt • Crow Creek • Democrat • *Forrest City • Four Gums • Goodwin • Hawkins • Heth • Hicks Station • *Hughes • Jonquil • Kinton • Longino • Lucerne • *Madison • Meadow Cliff• • •
What is a USDA Loan? |
The USDA 502 Guaranteed Loan Program is designed to help homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
Take the First Step Toward 0% Down Financing |
• Mud Lake • Newcastle • North Hughes • *Palestine • Penjur • Pinetree • Posey • Rawlinson • Red Gum Farm • Redfern • Round Pond • Shannondale • Shearerville • Shell Lake • Slonikers Mill • Sycamore Bend Farm • Tarsus • *Wheatley • Whitmore • *Widener
There are 210 USDA backed residential loans in Saint Francis county with an average loan balance of $81,543. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 42 years old. The typical appraised home value was around $87,686. On average the rural home size purchased with this loan was approximately 1,685 SqFt. Saint Francis 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 Saint Francis County is roughly 1,666 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Saint Francis County is 3. Look below for the interactive county level map illustration below for more details.
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 Saint Francis County.
Saint Francis County, located in the great state of Arkansas, was established on October 13, 1827. It was formed from lands that were previously part of the Arkansas and Phillips Counties. The county was named in honor of the Saint Francis River, which derived its name from the St. Francis Indians, a Native American tribe that resided in the area. The county seat is the city of Forrest City, which was named after General Nathan Bedford Forrest, a prominent Civil War Confederate general.
Agriculture has played a significant role in the history of Saint Francis County, with cotton being the primary crop. The rich farmlands and the St. Francis River helped support the development of the region's economy.
The history of Saint Francis County is also marked by its transportation significance. The railway system, specifically the construction of the Memphis and Little Rock Railroad in the 1850s, played a crucial role in the growth of the county's settlements.
One fun fact about Saint Francis County is the existence of the "Arkansas Tuberculosis Sanatorium," which was built in 1909 at the site of a natural spring known as 'Crowley's Ridge.' The sanatorium, now the site of the Forrest City Medical Center, was once the largest facility for the treatment of tuberculosis sufferers in the United States, attracting people from all over the country for treatments. The success of the sanatorium led to a decline in patients, and the facility eventually closed in 1973.