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Looking to buy in Wapello County, Iowa?
There are 33 USDA backed residential loans in Wapello county with an average loan balance of $95,564. Over 87% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $93,203. On average the rural home size purchased with this loan was approximately 1,344 SqFt. Wapello 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 Wapello County is roughly 1,128 square kilometers. USDA defined regions of rural loan ineligibility in Wapello cover 111 square kilometers of the county. Approximately 9.9% of Wapello County is ineligible for traditional USDA home loans. See the interactive county level map illustration below for more details.
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 Wapello County, IA
* cities most likely to have USDA loan eligible properties for sale.
*Agency • Ashland • Bidwell • Bladensburg • *Blakesburg • *Chillicothe • Cliffland • Competine • Dahlonega • Dudley • *Eddyville • *Eldon • Farson • Highland Center • *Kirkville • Loch Burns • Munterville • Ormanville • Ottumwa • Rutledge
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 Wapello County.