browse list of realtors working in Luce County
Luce county has 1 usdaproperties.com realtor ready to help with your search!
August 2024 Featured Agent | |
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Kristine McCraren | from Cummings McCraney |
There are 75 USDA backed residential loans in Luce county with an average loan balance of $79,615. Over 80% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $80,690. On average the rural home size purchased with this loan was approximately 1,274 SqFt. Luce 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 Luce County is roughly 2,405 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Luce County is 9. 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 Luce County, MI
* cities most likely to have USDA loan eligible properties for sale.
Betty B Landing • Carpenter Landing • Danaher • Deer Park • Dollarville • Helmer • Laketon • Lencel • Marks • McMillan • Natalie • *Newberry
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 Luce County.
Luce County is a county located in the eastern part of the Upper Peninsula in the U.S. state of Michigan. As of the 2020 census, the population was 6,574, making it one of the most sparsely populated counties in the state. The county seat is Newberry. Luce County was created on March 2, 1887, from the western part of Chippewa County and named in honor of Michigan Governor Cyrus G. Luce (1887-90).
The area was originally inhabited by Native American tribes, most notably the Ojibwe (Chippewa). European fur traders and missionaries began to explore the region in the 17th century. In the early 19th century, the timber industry emerged, attracting settlers to exploit the vast pine and hardwood forests in the area. The economy in Luce County primarily centered on logging, farming, and mining, and several towns sprang up near these industries.
Luce County is known for its natural beauty, pristine forests, and abundant wildlife, including the presence of the endangered eastern massasauga rattlesnake. A fun fact about the region is that it is home to Tahquamenon Falls State Park, which boasts one of the largest waterfalls east of the Mississippi River. The 50,000-acre park attracts thousands of visitors annually who enjoy hiking, camping, and viewing the picturesque Tahquamenon River and its impressive waterfalls.