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Looking to buy in Phillips County, Colorado?
There are 47 USDA backed residential loans in Phillips county with an average loan balance of $88,745. Over 82% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $90,072. On average the rural home size purchased with this loan was approximately 1,182 SqFt. Alternate income limits exist to determine loan eligibility in Phillips county. For a household of upto 4 people the income limit is $92,700. For a household of between 5 and 8 people the income limit is $122,350. 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.
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 Phillips County.