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Looking to buy in Lafayette County, Florida?
There are 19 USDA backed residential loans in Lafayette county with an average loan balance of $95,497. Over 78% of the loans helped first time home buyers. Borrowers were an average age of 40 years old. The typical appraised home value was around $109,972. On average the rural home size purchased with this loan was approximately 1,551 SqFt. Lafayette 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.
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 Lafayette County.