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Looking to buy in Hendricks County, Indiana?
There are 506 USDA backed residential loans in Hendricks county with an average loan balance of $126,651. Over 78% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $126,540. On average the rural home size purchased with this loan was approximately 1,620 SqFt. Alternate income limits exist to determine loan eligibility in Hendricks county. For a household of upto 4 people the income limit is $94,300. For a household of between 5 and 8 people the income limit increases to $124,500.
The size of Hendricks County is roughly 1,058 square kilometers. USDA defined regions of rural loan ineligibility in Hendricks cover 278 square kilometers of the county. Approximately 26.3% of Hendricks County is ineligible for traditional USDA home loans. The influence score for Hendricks County is 1. See the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Hendricks County, IN
* cities most likely to have USDA loan eligible properties for sale.
*Amo • Avon • Belleville • Brownsburg • Cartersburg • Center Valley • *Clayton • Clermont Heights • *Coatesville • *Danville • Friendswood • Gale • Hadley • Hazelwood • Joppa • *Lizton • Maplewood • Montclair • New Winchester • *North Salem • Northwest Manor • Pecksburg • *Pittsboro • Plainfield • Raintown • Reno • Six Points • Springtown • *Stilesville • Tilden
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 Hendricks County.