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Looking to buy in Putnam County, Tennessee?
There are 617 USDA backed residential loans in Putnam county with an average loan balance of $114,973. Over 82% of the loans helped first time home buyers. Borrowers were an average age of 36 years old. The typical appraised home value was around $117,171. On average the rural home size purchased with this loan was approximately 1,459 SqFt.
The size of Putnam County is roughly 1,042 square kilometers. USDA defined regions of rural loan ineligibility in Putnam cover 131 square kilometers of the county. Approximately 12.6% of Putnam County is ineligible for traditional USDA home loans. See the interactive county level map illustration below for more details.
Select from the list of cities below or use the search feature to find active property listings in a city where you would like to live.
Start your search for USDA loan eligible properties in the cities of Putnam County, TN
* cities most likely to have USDA loan eligible properties for sale.
*Algood • Bangham • *Baxter • Bilbrey • Bloomington Springs • Boma • Brotherton • Buffalo Valley • Cookeville • Ditty • Double Springs • Ensor • Gentry • Goffton • Hickey • Jeremiah • *Monterey • Nash • Parragon • Pinhook • Post Oak • Roberts • Rocky Point • Sadler • Sand Springs • Silver Point • Thomas • Twin Oak
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 Putnam County.