USDA loan eligible properties in Sullivan County, MO 
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* cities most likely to have USDA loan eligible properties for sale.
Boynton • Bute • Cora • *Green City • *Greencastle • *Harris • *Humphreys • *Milan • Mystic • *Newtown • *Osgood • • •
| What is a USDA Loan? |
| The USDA 502 Guaranteed Loan Program is designed to help homebuyers in eligible rural areas secure affordable housing with no down payment required. Backed by the U.S. Department of Agriculture, this loan offers competitive interest rates, flexible credit requirements, and lower mortgage insurance costs compared to conventional loans. Borrowers work with approved lenders, and the USDA provides a guarantee, reducing the lender’s risk and making homeownership more accessible. |
| Take the First Step Toward 0% Down Financing |
• Owasco • Paw Paw • Pennville • *Pollock • Reger • Sorrell • Sticklerville • *Winigan • Wintersville
browse list of realtors working in Sullivan CountyThere are 47 USDA backed residential loans in Sullivan county with an average loan balance of $62,304. Over 93% of the loans helped first time home buyers. Borrowers were an average age of 42 years old. The typical appraised home value was around $63,394. On average the rural home size purchased with this loan was approximately 1,277 SqFt. Sullivan county applies the standard USDA income limits to determine loan eligibility. For a household of upto 4 people the income limit is $90,300. For a household of between 5 and 8 people the income limit is increased to $119,200.
The size of Sullivan County is roughly 1,685 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Sullivan County is 9. 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 Sullivan County.
View the detailed USDA boundaries and read about general conditions of
Sullivan County, Missouri
.Sullivan County, located in the great state of Missouri, was officially organized on February 14, 1845. The county was named in honor of Major General John Sullivan, an officer in the American Revolutionary War. The earliest settlers in this region were mainly farmers, attracted by the fertile soil and abundant natural resources.
The county seat, Milan, was established in 1847 and is named after the Italian city of the same name. The growth of Sullivan County was strongly influenced by the construction of the Milan and St. Joseph Railroad, which was completed in 1857. This railroad helped to connect the county with other regions and facilitated the growth of various industries such as agriculture, manufacturing, and trade.
In the late 1800s and early 1900s, Sullivan County witnessed significant developments in infrastructure, such as the establishment of schools, post offices, banks, and hospitals. These advancements led to population growth and further economic development in the area.
A fun fact about Sullivan County is that it is home to the Locust Creek Covered Bridge State Historic Site, which houses one of the four remaining covered bridges in Missouri. This bridge, constructed in 1868, is over 150 feet long and once served as a vital transportation link for both people and goods in the region. Today, the bridge is preserved as a symbol of Sullivan County's rich history and heritage.
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