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Looking to buy in Cottonwood County, Minnesota?
There are 215 USDA backed residential loans in Cottonwood county with an average loan balance of $68,865. Over 77% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $71,699. On average the rural home size purchased with this loan was approximately 1,355 SqFt. Alternate income limits exist to determine loan eligibility in Cottonwood county. For a household of upto 4 people the income limit is $92,600. For a household of between 5 and 8 people the income limit increases to $122,250.
The size of Cottonwood County is roughly 1,679 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Cottonwood County is 8. 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 Cottonwood County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Bingham Lake • Delft • *Jeffers • *Mountain Lake • *Storden • *Westbrook • *Windom
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 Cottonwood County.