USDA loan eligible properties in Sherburne County, MN 
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* 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
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Christina Clifton
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. The influence score for Sherburne County is 1. Look below for the interactive county level map illustration below for more details.
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 loan eligible properties in Sherburne County.
View the detailed USDA boundaries and read about general conditions of
Sherburne County, Minnesota
.Sherburne County is located in the great state of Minnesota, USA. Established by the territorial legislature in 1856, the county is named after Moses Sherburne, an associate justice of the Supreme Court of Minnesota Territory. Covering an area of 451 square miles, it is situated within the Upper Midwest region of the United States. Sherburne County became a part of the Stearns County until 1858, when it became independent.
Originally, the area was mainly inhabited by the Sioux and Ojibwe (Chippewa) tribes. The first permanent European settlers arrived in the mid-19th century, mainly consisting of people of German, Irish, and Swedish descent. In its early years, Sherburne County's economy primarily focused on agriculture, forestry, and milling industries, with the Mississippi River serving as the primary transportation route for its products.
Over the years, Sherburne County has witnessed growth and development, with construction of railroads and highways, including the Northern Pacific, Great Northern, and I-94, which contributed to the expansion of its economy and population. Today, the county is home to a mix of suburban and rural communities, natural parks, and recreation areas.
Fun Fact: Sherburne County is home to the Sherburne National Wildlife Refuge, a 30,700-acre habitat for migratory birds, deer, and other wildlife. The refuge provides visitors with opportunities to observe a diverse set of wildlife and enjoy outdoor activities such as hiking, birdwatching, and photography.
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