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There are 211 USDA backed residential loans in Rock county with an average loan balance of $91,724. Over 72% of the loans helped first time home buyers. Borrowers were an average age of 34 years old. The typical appraised home value was around $93,897. On average the rural home size purchased with this loan was approximately 1,346 SqFt. Alternate income limits exist to determine loan eligibility in Rock 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 Rock County is roughly 1,252 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Rock County is 6. 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 Rock County, MN
* cities most likely to have USDA loan eligible properties for sale.
*Beaver Creek • Bruce • *Hardwick • *Hills • Kanaranzi • *Kenneth • *Luverne • *Magnolia • Manley • *Steen
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 Rock County.
Rock County, located in the great state of Minnesota, was established on May 23, 1857, and is named after the Rock River, which flows through the county. The county seat, Luverne, was founded in 1870 and named after Luverne Hawes, the daughter of the townsite owner. Rock County is situated in the southwest corner of Minnesota and covers an area of approximately 483 square miles. The region is primarily known for its agriculture, with its fertile soils and rich natural resources contributing to the success and growth of the farming industry.
One interesting fact about Rock County is that it is home to the Blue Mounds State Park. This park features a 100-foot high quartzite cliff, which is a hot spot for rock climbers, and a substantial bison herd that roams freely within the park's confines. Additionally, the park offers hiking trails, camping facilities, and birdwatching opportunities, making it a popular destination for nature lovers and outdoor enthusiasts.