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There are 227 USDA backed residential loans in Eagle county with an average loan balance of $243,796. Over 84% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $243,240. On average the rural home size purchased with this loan was approximately 1,429 SqFt. Alternate income limits exist to determine loan eligibility in Eagle county. For a household of upto 4 people the income limit is $108,100. For a household of between 5 and 8 people the income limit increases to $142,700.
The size of Eagle County is roughly 4,385 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Eagle County is 8. 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 Eagle County, CO
* cities most likely to have USDA loan eligible properties for sale.
*Avon • *Basalt • Belden • Bighorn • Bond • Burns • Carterville • Copper Spur • Dell • *Dotsero • *Eagle • Eagles Nest • *Edwards • *El Jebel • Fulford • Gilman • *Gypsum • Hooks • Leon • *McCoy • Mid Vail • *Minturn • Mitchell • Pando • *Red Cliff • Sheephorn • State Bridge • *Vail • West Vail • Wilmor • Wolcott • Yarmony
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 Eagle County.
Eagle County, located in the great state of Colorado, is a region with a rich history dating back to the 19th century. The area was named after the Eagle River which flows through the county. Eagle County was officially established by the Colorado Legislature on February 11, 1883, and the town of Red Cliff was designated as its first county seat. Nestled in the heart of the Rocky Mountains, Eagle County's population growth was initially driven by the mining boom of the late 1800s. Silver, gold, and other precious minerals were discovered, which attracted people to settle in the area.
The railway system played a significant role in the development of Eagle County, with the Denver and Rio Grande Railway providing access to the region in 1887. During the early 20th century, agriculture and ranching became the primary economic drivers for the county. Families established ranches and apple orchards and raised sheep and cattle, which remain integral to the county's economy today.
In the 1960s, the construction of the Vail Ski Resort marked an important milestone in the development of Eagle County. The resort became a significant attraction that spurred the growth of the tourism industry in the region. Today, Vail is renowned as a world-class ski and snowboarding destination, and the area continues to attract millions of visitors each year.
One fun fact about Eagle County is that it is home to the highest altitude botanical garden in North America, the Betty Ford Alpine Gardens. Located at an elevation of approximately 8,200 feet (2,499 meters) in the town of Vail, the gardens showcase the beautiful native flora and fauna of Colorado's high altitude regions.