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There are 4 USDA backed residential loans in De Baca county with an average loan balance of $64,511. Over 25% of the loans helped first time home buyers. Borrowers were an average age of 43 years old. The typical appraised home value was around $91,150. On average the rural home size purchased with this loan was approximately 1,364 SqFt. De Baca 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 De Baca County is roughly 6,043 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for De Baca County is 9. Look below for the interactive county level map illustration below for more details.
Start your search for USDA loan eligible properties in the cities of De Baca County, NM
* cities most likely to have USDA loan eligible properties for sale.
Agudo • Cardenas • Dunlap • Evanola • *Fort Sumner • La Lande • *Lake Sumner • Salado • Taiban • Yeso
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 De Baca County.
De Baca County is located in the great state of New Mexico, the Land of Enchantment. The county was created on February 28, 1917, from parts of Guadalupe, Chaves, and Roosevelt counties. It was named after Ezequiel Cabeza De Baca, the second governor of New Mexico, who served from 1917 until his death in 1917. The county seat is the small town of Fort Sumner, which is also the largest settlement in the region.
The historical background of De Baca County is closely tied to the nearby Pecos River and its fertile valley. The area was home to Native American communities such as the Jumanos and Suma Indians well before contact with Europeans. Spanish explorers first entered the region in the early 1600s, seeking land for farming and finding valuable resources.
During the 1800s, De Baca County became a hub for cattle ranching. Many ranchers settled in the area due to its access to water and plenty of grazing lands. The arrival of the Santa Fe and the Pecos Valley railroads in the late 1800s and early 1900s, respectively, shaped the development of the region, ensuring the growth of local communities.
De Baca County has played a role in American history, notably being the final resting place for the notorious outlaw Billy the Kid. He was killed in Fort Sumner on July 14, 1881, and is buried in the Fort Sumner Cemetery.
The County offers a mix of natural beauty, historical sites, and cultural richness, attracting tourists from all over. A fun fact about this region of the USA is the existence of the Bosque Redondo Memorial, located at the former site of the Bosque Redondo Reservation, which was a forced relocation camp for Navajo and Mescalero Apache people during the 1860s. The memorial now commemorates and honors the resilience of these indigenous tribes who faced extreme hardship during that period.