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Looking to buy in Lane County, Kansas?
There are 10 USDA backed residential loans in Lane county with an average loan balance of $71,270. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 46 years old. The typical appraised home value was around $72,300. On average the rural home size purchased with this loan was approximately 1,699 SqFt. Lane 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 Lane County is roughly 1,855 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Lane County is 9. See the interactive county level map illustration below for more details.
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 Lane County.