browse list of realtors working in Franklin County
Franklin county has 1 usdaproperties.com realtor ready to help with your search!
August 2024 Featured Agent | |
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Brad Staley | from Staley Real Estate |
There are 72 USDA backed residential loans in Franklin county with an average loan balance of $73,318. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 33 years old. The typical appraised home value was around $76,257. On average the rural home size purchased with this loan was approximately 1,471 SqFt. Franklin 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 Franklin County is roughly 1,511 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Franklin 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 Franklin County, IA
* cities most likely to have USDA loan eligible properties for sale.
*Alexander • *Bradford • Burdette • *Chapin • *Coulter • Faulkner • *Geneva • *Hampton • *Hansell • *Latimer • *Popejoy • Reeve • *Sheffield
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 Franklin County.
Franklin County, located in the great state of Iowa, was established on January 15, 1851. It is part of the Midwestern United States and occupies an area of approximately 583 square miles. The county was named after the esteemed American statesman, scientist, and writer, Benjamin Franklin.
The first settlers arrived in the county around 1852 and began cultivating the fertile land. During the second half of the 19th century, the area saw significant development owing to the expansion of the railroads, which bolstered the local agricultural industry. Franklin County is largely known for its production of corn and soybeans, as well as raising livestock.
The county seat of Franklin County is Hampton, which is also the largest city in the county. Some of the other cities and towns in the county include Ackley, Alexander, Coulter, Geneva, Hansell, Latimer, Popejoy, and Sheffield.
Fun fact: In addition to its rich agricultural heritage, Franklin County is home to Beeds Lake State Park, a popular recreational destination. The park features a nearly 100-year-old limestone-faced dam, which was originally built by the Civilian Conservation Corps during the Great Depression, showcasing the area's historical engineering feats. Visitors of the park enjoy activities such as camping, fishing, and hiking, amidst the serene beauty of Iowa's natural landscape.