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Looking to buy in Putnam County, Indiana?
There are 496 USDA backed residential loans in Putnam county with an average loan balance of $101,231. Over 77% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $102,235. On average the rural home size purchased with this loan was approximately 1,440 SqFt. Putnam 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 Putnam County is roughly 1,249 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Putnam County is 4. See the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Putnam County, IN
* cities most likely to have USDA loan eligible properties for sale.
*Bainbridge • Barnard • Belle Union • Brick Chapel • Brunerstown • Cagle Mill • Carpentersville • Clinton Falls • *Cloverdale • Edgewood Lake • *Fillmore • Fincastle • Fox Ridge • *Greencastle • Groveland • *Heritage Lake • Keytsville • Limedale • Manhattan • Morton • Mount Meridian • New Maysville • Pleasant Gardens • Portland Mills • Putnamville • Raab Crossroads • Raccoon • Reelsville • *Roachdale • *Russellville • *Van Bibber Lake • Vivalia
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 Putnam County.