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Looking to buy in McLeod County, Minnesota?
There are 932 USDA backed residential loans in McLeod county with an average loan balance of $119,553. Over 77% of the loans helped first time home buyers. Borrowers were an average age of 37 years old. The typical appraised home value was around $116,218. On average the rural home size purchased with this loan was approximately 1,215 SqFt. Alternate income limits exist to determine loan eligibility in McLeod 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 McLeod County is roughly 1,310 square kilometers. There are no geographical USDA loan restrictions in this county. See the interactive county level map illustration below for more details.
Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.
Start your search for USDA loan eligible properties in the cities of McLeod County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Biscay • *Brownton • Fernando • *Glencoe • Heatwole • *Hutchinson • Komensky • *Lester Prairie • *Plato • Sherman • *Silver Lake • South Silver Lake • *Stewart • Sumter • *Winsted
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 McLeod County.