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Looking to buy in Wicomico County, Maryland?
There are 914 USDA backed residential loans in Wicomico county with an average loan balance of $153,549. Over 83% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $156,723. On average the rural home size purchased with this loan was approximately 1,543 SqFt. Alternate income limits exist to determine loan eligibility in Wicomico county. For a household of upto 4 people the income limit is $101,900. For a household of between 5 and 8 people the income limit increases to $134,500.
The size of Wicomico County is roughly 1,027 square kilometers. USDA defined regions of rural loan ineligibility in Wicomico cover 95 square kilometers of the county. Approximately 9.3% of Wicomico County is ineligible for traditional USDA home loans. The influence score for Wicomico County is 7. See the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of Wicomico County, MD
* cities most likely to have USDA loan eligible properties for sale.
*Allen • Athol • *Bivalve • Capitola • Catchpenny • Chesapeake Heights • Clara • Crestwood • Crows Nest • Deep Branch • *Delmar • Ferry Road • *Fruitland • Glass Hill • Gum Swamp • *Hebron • *Jesterville • Lakewood • Maple Plains • *Mardela Springs • Melson • Mount Hermon • *Nanticoke • *Nanticoke Acres • New Hope • *Parsonsburg • Pea Hill • *Pittsville • Plainfield • Poplar Neck • *Powellville • *Quantico • Rewastico • Riverton • Royal Oak • Salisbury • Santo Domingo • Shad Point • *Sharptown • Shavox • Sherwood Manor • Siloam • Simms Wharf • Trinity • Truitt • *Tyaskin • Upper Ferry Estates • Walnut • Walston • Wango • *Waterview • Westlake • Wetipquin • *Whitehaven • Whiton • *Willards
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 Wicomico County.