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Looking to buy in Sherburne County, Minnesota?
There are 1,394 USDA backed residential loans in Sherburne county with an average loan balance of $158,911. Over 76% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $153,768. On average the rural home size purchased with this loan was approximately 1,168 SqFt. Alternate income limits exist to determine loan eligibility in Sherburne 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 Sherburne County is roughly 1,167 square kilometers. USDA defined regions of rural loan ineligibility in Sherburne cover 141 square kilometers of the county. Approximately 12.1% of Sherburne 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 Sherburne County, MN
* cities most likely to have USDA loan eligible properties for sale.
Bailey • *Becker • *Big Lake • Briggs Lake • Cable • *Clear Lake • Elk River • Orrock • Salida • Santiago • *Zimmerman
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 Sherburne County.