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Looking to buy in Lincoln County, Minnesota?
There are 56 USDA backed residential loans in Lincoln county with an average loan balance of $66,836. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $70,294. On average the rural home size purchased with this loan was approximately 1,315 SqFt. Alternate income limits exist to determine loan eligibility in Lincoln 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 Lincoln County is roughly 1,421 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Lincoln 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 Lincoln County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Arco • *Hendricks • *Ivanhoe • *Lake Benton • *Tyler • Verdi • Wilno
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 Lincoln County.