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There are 86 USDA backed residential loans in Union county with an average loan balance of $80,338. Over 69% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $83,534. On average the rural home size purchased with this loan was approximately 1,499 SqFt. Union 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 Union County is roughly 941 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Union County is 6. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Union County, KY
* cities most likely to have USDA loan eligible properties for sale.
Blackburn • Bordley • Boxville • *Breckinridge Center • Caseyville • Cullen • Curlew • Dekoven • Flournoy • Givens • Grangertown • Grove Center • Hamner • Harding • Henshaw • Hitesville • King Mills • *Morganfield • Mulfordtown • Pride • Raleigh • Saint Vincent • Spring Grove • *Sturgis • Sullivan • The Rocks • *Uniontown • *Waverly • Yuba
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 Union County.
Union County, located in the great state of Kentucky, has a rich historical background. Established on January 15, 1811, the county was carved out of portions of Henderson County. It became the 55th county in Kentucky and was named Union because it represented the unity of the 51 previous counties and the four new ones being created at that time.
Morganfield, the county seat, was named in honor of General Daniel Morgan, a distinguished Revolutionary War officer. Union County played a significant role during the 19th century in both the agricultural and transportation industries. With its fertile soil and access to the Ohio and Tradewater Rivers, it was a critical farming community for crops such as corn, tobacco, and timber. Multiple railroad lines were later built, connecting Union County to other locations and further stimulating economic development.
One fun fact about Union County is that it is home to the wild-eyed southern colonel statue, which can be found in the town of Sturgis. This statue represents the spirit and culture of Southern Kentucky and stands as a symbol of the region's historical significance. The statue is erected on the Sturgis Courthouse grounds, drawing visitors and locals to the area to learn more about Union County's storied past.
Overall, Union County, Kentucky boasts a history of unity, agricultural prominence, and distinctive cultural character that makes it an interesting region of the United States.