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Looking to buy in Mower County, Minnesota?
There are 134 USDA backed residential loans in Mower county with an average loan balance of $99,044. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $101,946. On average the rural home size purchased with this loan was approximately 1,374 SqFt. Alternate income limits exist to determine loan eligibility in Mower 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 Mower County is roughly 1,843 square kilometers. USDA defined regions of rural loan ineligibility in Mower cover 106 square kilometers of the county. Approximately 5.8% of Mower County is ineligible for traditional USDA home loans. 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 Mower County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Adams • Andyville • Austin • Austin Acres • *Brownsdale • *Dexter • *Elkton • *Grand Meadow • Johnsburg • *Lansing • *Le Roy • *Lyle • Mapleview • Mayville • Nicolville • *Racine • Renova • *Rose Creek • *Sargeant • *Taopi • Varco • *Waltham
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 Mower County.