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There are 6,078 USDA backed residential loans in Massachusetts with an average loan balance of $221,548. Over 84% of the loans went to help first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $227,454. On average the rural home size purchased with this loan was approximately 1,394 square feet.
The size of Massachusetts is roughly 27,336 square kilometers. USDA defined regions of rural loan ineligibility in Massachusetts cover 6,533 square kilometers of the state. See the interactive geographic illustration below for more details. Approximately 23.9% of the state is ineligible for traditional USDA home loans.
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Search 14 Counties of Massachusetts
Barnstable • Berkshire • Bristol • Dukes • Essex • Franklin • Hampden • Hampshire • Middlesex • Nantucket • Norfolk • Plymouth • Suffolk • Worcester
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 throughout the state of Massachusetts.
Massachusetts State Motto: Ense petit placidam sub libertate quietem
By the sword we seek peace, but peace only under liberty
The Massachusetts State Office, located in Amherst, MA, administers activity in Massachusetts, Connecticut, and Rhode Island. Massachusetts area offices are located in Hadley, Holden and West Wareham. All offices are open to the public Monday through Friday from 8:00 a.m. until 4:30 p.m.Featured Properties from USDA Loan Eligible Regions of Massachusetts