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Looking to buy in Vigo County, Indiana?
There are 160 USDA backed residential loans in Vigo county with an average loan balance of $88,044. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 34 years old. The typical appraised home value was around $89,102. On average the rural home size purchased with this loan was approximately 1,453 SqFt. Vigo 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 Vigo County is roughly 1,062 square kilometers. USDA defined regions of rural loan ineligibility in Vigo cover 273 square kilometers of the county. Approximately 25.7% of Vigo County is ineligible for traditional USDA home loans. The influence score for Vigo County is 2. See the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Vigo County, IN
* cities most likely to have USDA loan eligible properties for sale.
Allendale • Atherton • Barnhart Town • Blackhawk • Burnett • Cherryvale • Coal Bluff • Cobb • Deming Park • Dewey • *Dresser • East Glenn • Ehrmandale • Ferguson Hill • *Fontanet • Glen Ayre • Gospel Grove • Hickory Island • Hutton • Keller • Larimer Hill • Lewis • Libertyville • Liggett • Marion Heights • Markles • *New Goshen • North Terre Haute • Pimento • Pine Ridge • Prairie Creek • Prairieton • *Riley • *Saint Mary of the Woods • Sandcut • *Seelyville • *Shepardsville • Shirkieville • Southwood • Spelterville • State Line • Swalls • *Tecumseh • Terre Haute • *Toad Hop • Vigo • *West Terre Haute • Whitcomb Heights • Woodgate • Youngstown
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 Vigo County.