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Start your search for USDA loan eligible properties in the cities of Phelps County, NE
* cities most likely to have USDA loan eligible properties for sale.
*Atlanta • *Bertrand • Clyde • *Funk • *Holdrege • *Loomis • Sacramento
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 Phelps County.
Phelps County is located in the southern-central part of the state of Nebraska, in the United States. Established in 1873, the county is named in honor of William H. Phelps, an early Nebraska state politician who played a significant role in the organization of the county. The area was initially settled by people of Swedish, German, and Danish descent.
The county seat, Holdrege, was established in 1883 and named after George W. Holdrege, a prominent official of the Burlington & Missouri River Railroad Company. The railroad played an essential role in attracting settlers to the region, as it provided transportation and promoted economic growth. Agriculture has long been the primary economic activity in Phelps County, with the fertile soils and the availability of water from the Platte River providing ideal farming conditions.
Today, Phelps County is known for its strong sense of community and beautiful landscapes. The county has also invested in renewable energy resources, with wind turbines dotting the rural areas.
A fun fact about Phelps County is that it is home to the Nebraska Prairie Museum, which showcases the area's natural and cultural history. The museum features exhibits on Native American culture, pioneer life, and the development of agriculture in the region. Additionally, the museum has a collection of over 300 hand-carved wooden duck decoys, providing a unique insight into the art of duck hunting in the region.