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Looking to buy in Nicollet County, Minnesota?
There are 219 USDA backed residential loans in Nicollet county with an average loan balance of $129,995. Over 78% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $129,290. On average the rural home size purchased with this loan was approximately 1,175 SqFt. Alternate income limits exist to determine loan eligibility in Nicollet 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 Nicollet County is roughly 1,210 square kilometers. USDA defined regions of rural loan ineligibility in Nicollet cover 52 square kilometers of the county. Approximately 4.3% of Nicollet County is ineligible for traditional USDA home loans. The influence score for Nicollet County is 7. 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 Nicollet County, MN
* cities most likely to have USDA loan eligible properties for sale.
Avalon • Bernadotte • Camelot Park • *Courtland • Kerns • Klossner • *Lafayette • New Sweden • *Nicollet • Norseland • North Mankato • North Star • Oshawa • Saint George • *Saint Peter • Traverse
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 Nicollet County.