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There are 76 USDA backed residential loans in Webster county with an average loan balance of $77,883. Over 84% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $79,502. On average the rural home size purchased with this loan was approximately 1,484 SqFt. Webster 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 Webster County is roughly 868 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Webster 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 Webster County, KY
* cities most likely to have USDA loan eligible properties for sale.
Bellville • Blackford • Breton • *Clay • Derby • Diamond • *Dixon • Elmwood • Fairmont • Free Union • Gatesville • Hearin • Jolly • Lisman • Little Zion • *Onton • Ortiz • *Poole • Pratt • *Providence • Rock Spring • *Sebree • Shelton • *Slaughters • Tilden • Vanderburg • Virginia • Wanamaker • West Wheatcroft • *Wheatcroft • Williams
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 Webster County.
Webster County, located in the western part of the great state of Kentucky, was established on February 15, 1860. It was formed from portions of Hopkins, Union, and Henderson Counties. The county was named in honor of Daniel Webster, a prominent American statesman, and an avid supporter of the Compromise of 1850, which is a set of laws passed to ease tensions between pro- and anti-slavery factions.
Providence, the largest city of Webster County, was settled by European Americans in 1820 and incorporated in 1840. The county seat, Dixon, was named after Archibald Dixon, who served as the Lieutenant Governor of Kentucky from 1844 to 1848. Agriculture has played a significant role in the county's economy, with tobacco, corn, and wheat being important crops.
A fun fact about Webster County is that the famous Kentucky writer, Joseph Seamon Cotter Jr., was born in the town of Providence. He is well-known for his poetry and plays centering on the African American experience in the early 20th century. His works contributed to the Harlem Renaissance, an influential artistic and intellectual movement among African Americans in the 1920s.