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Looking to buy in Morgan County, Illinois?
There are 385 USDA backed residential loans in Morgan county with an average loan balance of $76,730. Over 81% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $77,643. On average the rural home size purchased with this loan was approximately 1,316 SqFt. Morgan 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 Morgan County, IL
Alexander • Arcadia • Arnold • Bethel • *Chapin • Clements • *Concord • *Franklin • *Jacksonville • Joy Prairie • Literberry • *Lynnville • *Meredosia • *Murrayville • Nortonville • Orleans • Pisgah • Portuguese Hill • Prentice • Rees • Rohrer • Sinclair • *South Jacksonville • Strawns Crossing • *Waverly • *Woodson • Yatesville • Yeomans
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 Morgan County.