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Looking to buy in Mercer County, Illinois?
There are 177 USDA backed residential loans in Mercer county with an average loan balance of $83,203. 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 $85,562. On average the rural home size purchased with this loan was approximately 1,442 SqFt. Mercer 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. 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.
View active real estate listings in the cities of Mercer County, IL
*Aledo • Arpee • Boden • Burgess • Cable • Eliza • Gilchrist • Griffin • Hamlet • *Joy • *Keithsburg • Mannon • Marston • *Matherville • Millersburg • *New Boston • *North Henderson • Ogle • Old Gilchrist • Orangemans Hall • Petersville • Preemption • *Seaton • Shale City • *Sherrard • Sunbeam • Swedona • *Viola • Wanlock
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 Mercer County.