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There are 87 USDA backed residential loans in Schuyler county with an average loan balance of $94,044. Over 85% of the loans helped first time home buyers. Borrowers were an average age of 35 years old. The typical appraised home value was around $97,840. On average the rural home size purchased with this loan was approximately 1,607 SqFt. Schuyler 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 Schuyler County is roughly 895 square kilometers. There are no geographical USDA loan restrictions in this county. The influence score for Schuyler County is 6. 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 Schuyler County, NY
* cities most likely to have USDA loan eligible properties for sale.
Alpine • Altay • Beaver Dams • Bennettsburg • *Burdett • *Catharine • *Cayuta • Cayutaville • *Dix • East Steamburg • *Hector • Irelandville • Logan • Mecklenburg • Monterey • *Montour • *Montour Falls • Moreland • North Reading • *Odessa • *Orange • Perry City • Pine Creek • *Reading • Reading Center • Reynoldsville • Searsburg • Shorewood • Smith Valley • Townsend • *Tyrone • Valois • *Watkins Glen • Watkins Glen Station • Wedgewood • Weston
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 Schuyler County.
Schuyler County is located in the Finger Lakes region of New York State, and was officially established on April 17, 1854. The county was named in honor of Philip Schuyler, a prominent military leader and statesman during the American Revolution. Schuyler County is bordered by Seneca, Tompkins, Chemung, Steuben, and Yates Counties. The county seat is the town of Watkins Glen.
The region's history dates back to the Native American tribes of the Iroquois Confederacy, who first inhabited the area before European settlers arrived. Europeans began to settle in the region during the late 18th century, following the American Revolution. The land was divided into townships, including Catharine, Hector, Cayuta, and others that are now part of Schuyler County.
One significant event in Schuyler County's history occurred during the 19th century when the Erie Canal was constructed, connecting the region with the rest of the state and providing transportation and commerce opportunities. The canal propelled the growth of the local economy, attracting new settlers and businesses.
The county is famous for its scenic landscape, including the Watkins Glen State Park. The park is renowned for its 19 stunning waterfalls and breathtaking vistas, making it one of the most visited state parks in New York. The park is considered a geological wonder, which has been popular among tourists since the 19th century.
A fun fact about Schuyler County is that Watkins Glen International, a world-famous racing circuit, is located within the county. The racetrack initially opened in 1956 and has hosted various premier racing events, including the Formula One United States Grand Prix and NASCAR Cup Series races. The Glen, as it's commonly known, continues to be a popular destination for racing enthusiasts throughout the world.