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Looking to buy in Hennepin County, Minnesota?
There are 1 USDA backed residential loans in Hennepin county with an average loan balance of $161,000. Over 100% of the loans helped first time home buyers. Borrowers were an average age of 38 years old. The typical appraised home value was around $163,000. On average the rural home size purchased with this loan was approximately 1,536 SqFt. Alternate income limits exist to determine loan eligibility in Hennepin county. For a household of upto 4 people the income limit is $108,550. For a household of between 5 and 8 people the income limit increases to $143,300.
The size of Hennepin County is roughly 1,569 square kilometers. USDA defined regions of rural loan ineligibility in Hennepin cover 1,569 square kilometers of the county. Approximately 100.0% of Hennepin County is ineligible for traditional USDA home loans. The influence score for Hennepin County is 1. 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 Hennepin County, MN
* cities most likely to have USDA loan eligible properties for sale.
Berning Mill • Bloomington • Bloomington Ferry • Brooklyn Center • Brooklyn Park • Calhoun Beach • Champlin • Corcoran • Crescent Beach • Crystal • Dayton • Deephaven • Ditter • Dupont • Eden Prairie • Edina • Eureka • Excelsior • Fletcher • Golden Valley • Greenfield • Greenwood • Groveland • Hopkins • Independence • Leighton • Long Lake • Loretto • Maple Grove • Maple Plain • Medicine Lake • Medina • Minneapolis • Minnetonka • Minnetonka Beach • Minnetrista • Mission Farms • Mound • New Hope • Oak Terrace • Orono • Osseo • Oxboro • Plymouth • Richfield • Robbinsdale • Rogers • Rowland • Saga Hill • Saint Anthony • Saint Bonifacius • Saint Louis Park • Shorewood • Spring Park • Tonka Bay • Wayzata • West Coon Rapids • Woodland
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 Hennepin County.