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There are 6,055 USDA backed residential loans in New Hampshire with an average loan balance of $153,230. Over 83% of the loans went to help first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $157,264. On average the rural home size purchased with this loan was approximately 1,393 square feet.
The size of New Hampshire is roughly 24,214 square kilometers. USDA defined regions of rural loan ineligibility in New Hampshire cover 1,160 square kilometers of the state. See the interactive geographic illustration below for more details. Only 4.79% of the state is ineligible for traditional USDA home loans.
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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 throughout the state of New Hampshire.
New Hampshire State Motto: Live free or die
The USDA Rural Development staff are dedicated to assisting rural New Hampshire communities through its housing, business, and community programs. Their mission is to increase economic opportunity and improve the quality of life for all rural Americans. Hours of operation: M-F, 8 a.m. - 4:30 p.m.Featured Properties from USDA Loan Eligible Regions of New Hampshire
New Hampshire State Office
87 State Street, Suite 324
P.O. Box 249 Montpelier, VT 05601