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Looking to buy in Scott County, Minnesota?
There are 349 USDA backed residential loans in Scott county with an average loan balance of $171,691. Over 75% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $171,212. On average the rural home size purchased with this loan was approximately 1,353 SqFt. Alternate income limits exist to determine loan eligibility in Scott county. For a household of upto 4 people the income limit is $108,550. For a household of between 5 and 8 people the income limit increases to $143,300.
The size of Scott County is roughly 954 square kilometers. USDA defined regions of rural loan ineligibility in Scott cover 400 square kilometers of the county. Approximately 41.9% of Scott 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 Scott County, MN
* cities most likely to have USDA loan eligible properties for sale.
Baden • *Belle Plaine • Blakeley • Credit River • Eidswold • *Elko New Market • Grainwood • *Jordan • Lawrence • Lydia • Marystown • Merriam • Mudbaden • Prior Lake • Saint Benedict • Saint Patrick • Savage • Shakopee • Spring Lake
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 Scott County.