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Looking to buy in Boyd County, Kentucky?
There are 161 USDA backed residential loans in Boyd county with an average loan balance of $100,747. Over 78% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $104,306. On average the rural home size purchased with this loan was approximately 1,386 SqFt. Boyd 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 Boyd County is roughly 419 square kilometers. USDA defined regions of rural loan ineligibility in Boyd cover 60 square kilometers of the county. Approximately 14.5% of Boyd County is ineligible for traditional USDA home loans. The influence score for Boyd 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 Boyd County, KY
* cities most likely to have USDA loan eligible properties for sale.
Ashland • Boltsfork • Burnaugh • *Cannonsburg • Catlettsburg • Coalton • Durbin • *Ironville • Kavanaugh • Lockwood • Mavity • Meads • Millseat • Princess • Rockdale • Rush • Sandy Furnace • Savage Branch • Summit • West Fairview • Winslow
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 Boyd County.